iShares iBonds Dec 2033 Term Corporate ETF (NYSEARCA:IBDY) Sees Unusually-High Trading Volume – Time to Buy?

iShares iBonds Dec 2033 Term Corporate ETF (NYSEARCA:IBDY) saw unusually-high trading volume on Wednesday . Approximately 1,925,431 shares changed hands during mid-day trading, an increase of 786% from the previous session’s volume of 217,201 shares.The stock last traded at $25.71 and had previously closed at $25.73.

iShares iBonds Dec 2033 Term Corporate ETF Stock Up 0.1%

The firm has a fifty day simple moving average of $25.90 and a two-hundred day simple moving average of $26.09.

Hedge Funds Weigh In On iShares iBonds Dec 2033 Term Corporate ETF

Several institutional investors have recently modified their holdings of IBDY. Ameriprise Financial Inc. increased its position in shares of iShares iBonds Dec 2033 Term Corporate ETF by 214.8% during the 3rd quarter. Ameriprise Financial Inc. now owns 553,935 shares of the company’s stock valued at $14,530,000 after purchasing an additional 377,989 shares during the last quarter. JPMorgan Chase & Co. increased its position in shares of iShares iBonds Dec 2033 Term Corporate ETF by 18,185.4% during the 2nd quarter. JPMorgan Chase & Co. now owns 146,649 shares of the company’s stock valued at $3,799,000 after purchasing an additional 145,847 shares during the last quarter. Flow Traders U.S. LLC increased its position in shares of iShares iBonds Dec 2033 Term Corporate ETF by 660.2% during the 3rd quarter. Flow Traders U.S. LLC now owns 95,031 shares of the company’s stock valued at $2,493,000 after purchasing an additional 82,530 shares during the last quarter. Lyell Wealth Management LP increased its position in shares of iShares iBonds Dec 2033 Term Corporate ETF by 46.8% during the 4th quarter. Lyell Wealth Management LP now owns 173,645 shares of the company’s stock valued at $4,539,000 after purchasing an additional 55,375 shares during the last quarter. Finally, Roble Belko & Company Inc increased its position in shares of iShares iBonds Dec 2033 Term Corporate ETF by 1,015.7% during the 1st quarter. Roble Belko & Company Inc now owns 53,396 shares of the company’s stock valued at $1,380,000 after purchasing an additional 48,610 shares during the last quarter.

About iShares iBonds Dec 2033 Term Corporate ETF

The iShares iBonds Dec 2033 Term Corporate ETF (IBDY) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a Bloomberg index composed of USD-denominated, investment-grade corporate bonds maturing between January 1, 2033, and December 15, 2033. IBDY was launched on Jun 21, 2023 and is managed by BlackRock.