iShares iBonds Dec 2030 Term Corporate ETF (NYSEARCA:IBDV) Reaches New 52-Week Low – What’s Next?

iShares iBonds Dec 2030 Term Corporate ETF (NYSEARCA:IBDV)’s stock price reached a new 52-week low during trading on Monday . The stock traded as low as $21.53 and last traded at $21.58, with a volume of 17417 shares. The stock had previously closed at $21.59.

iShares iBonds Dec 2030 Term Corporate ETF Trading Down 0.0%

The business’s 50 day simple moving average is $21.66 and its 200 day simple moving average is $21.81.

Institutional Trading of iShares iBonds Dec 2030 Term Corporate ETF

Several institutional investors and hedge funds have recently added to or reduced their stakes in IBDV. Captrust Financial Advisors raised its position in shares of iShares iBonds Dec 2030 Term Corporate ETF by 1,050.5% during the fourth quarter. Captrust Financial Advisors now owns 467,361 shares of the company’s stock valued at $10,315,000 after buying an additional 426,739 shares during the last quarter. NewEdge Advisors LLC grew its stake in iShares iBonds Dec 2030 Term Corporate ETF by 37.9% during the third quarter. NewEdge Advisors LLC now owns 949,500 shares of the company’s stock valued at $21,031,000 after acquiring an additional 260,892 shares in the last quarter. JPMorgan Chase & Co. grew its stake in iShares iBonds Dec 2030 Term Corporate ETF by 162.4% during the third quarter. JPMorgan Chase & Co. now owns 304,382 shares of the company’s stock valued at $6,742,000 after acquiring an additional 188,371 shares in the last quarter. RVW Wealth LLC increased its holdings in iShares iBonds Dec 2030 Term Corporate ETF by 8.6% in the 2nd quarter. RVW Wealth LLC now owns 1,309,276 shares of the company’s stock valued at $28,542,000 after acquiring an additional 103,166 shares during the last quarter. Finally, Atlantic Union Bankshares Corp increased its holdings in iShares iBonds Dec 2030 Term Corporate ETF by 37.1% in the 4th quarter. Atlantic Union Bankshares Corp now owns 362,828 shares of the company’s stock valued at $8,008,000 after acquiring an additional 98,125 shares during the last quarter.

About iShares iBonds Dec 2030 Term Corporate ETF

The iShares iBonds Dec 2030 Term Corporate ETF (IBDV) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a Bloomberg index of USD-denominated, investment-grade corporate bonds maturing between Jan 1 and Dec 15, 2029. IBDV was launched on Jun 23, 2020 and is managed by BlackRock.