iShares iBonds Dec 2024 Term Corporate ETF (NYSEARCA:IBDP) Hits New 1-Year High at $25.19

iShares iBonds Dec 2024 Term Corporate ETF (NYSEARCA:IBDP) shares hit a new 52-week high during trading on Thursday . The company traded as high as $25.19 and last traded at $25.18, with a volume of 55610 shares trading hands. The stock had previously closed at $25.18.

iShares iBonds Dec 2024 Term Corporate ETF Price Performance

The business’s 50-day simple moving average is $25.12 and its 200-day simple moving average is $25.06.

Hedge Funds Weigh In On iShares iBonds Dec 2024 Term Corporate ETF

Hedge funds have recently modified their holdings of the stock. Cambridge Investment Research Advisors Inc. lifted its stake in iShares iBonds Dec 2024 Term Corporate ETF by 405.2% in the fourth quarter. Cambridge Investment Research Advisors Inc. now owns 746,546 shares of the company’s stock valued at $18,596,000 after acquiring an additional 598,785 shares during the last quarter. RVW Wealth LLC increased its position in iShares iBonds Dec 2024 Term Corporate ETF by 37.9% during the second quarter. RVW Wealth LLC now owns 911,041 shares of the company’s stock worth $22,894,000 after buying an additional 250,624 shares during the last quarter. InterOcean Capital Group LLC increased its position in iShares iBonds Dec 2024 Term Corporate ETF by 25.0% during the fourth quarter. InterOcean Capital Group LLC now owns 886,962 shares of the company’s stock worth $22,094,000 after buying an additional 177,340 shares during the last quarter. Captrust Financial Advisors increased its position in iShares iBonds Dec 2024 Term Corporate ETF by 8.7% during the first quarter. Captrust Financial Advisors now owns 911,313 shares of the company’s stock worth $22,828,000 after buying an additional 72,972 shares during the last quarter. Finally, Parallel Advisors LLC increased its position in iShares iBonds Dec 2024 Term Corporate ETF by 980.9% during the fourth quarter. Parallel Advisors LLC now owns 55,773 shares of the company’s stock worth $1,389,000 after buying an additional 50,613 shares during the last quarter.

iShares iBonds Dec 2024 Term Corporate ETF Company Profile

The iShares iBonds Dec 2024 Term Corporate ETF (IBDP) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a global index of USD-denominated, investment-grade corporate bonds maturing between Dec 31, 2023 and Jan 1, 2025. IBDP was launched on Mar 11, 2015 and is managed by BlackRock.