iShares iBonds Dec 2032 Term Corporate ETF (NYSEARCA:IBDX) Sees Unusually-High Trading Volume – Should You Buy?

Shares of iShares iBonds Dec 2032 Term Corporate ETF (NYSEARCA:IBDX) saw strong trading volume on Thursday . 411,118 shares were traded during mid-day trading, an increase of 100% from the previous session’s volume of 205,239 shares.The stock last traded at $24.55 and had previously closed at $24.47.

iShares iBonds Dec 2032 Term Corporate ETF Trading Up 0.2 %

The business has a 50-day moving average price of $24.79 and a two-hundred day moving average price of $25.08.

Institutional Trading of iShares iBonds Dec 2032 Term Corporate ETF

Several large investors have recently added to or reduced their stakes in IBDX. First PREMIER Bank acquired a new stake in shares of iShares iBonds Dec 2032 Term Corporate ETF during the 3rd quarter valued at $46,000. Adirondack Trust Co. grew its stake in iShares iBonds Dec 2032 Term Corporate ETF by 22.2% during the 3rd quarter. Adirondack Trust Co. now owns 10,692 shares of the company’s stock valued at $275,000 after acquiring an additional 1,945 shares in the last quarter. Princeton Global Asset Management LLC purchased a new stake in shares of iShares iBonds Dec 2032 Term Corporate ETF in the third quarter worth approximately $391,000. Farmers National Bank boosted its holdings in shares of iShares iBonds Dec 2032 Term Corporate ETF by 55.7% during the second quarter. Farmers National Bank now owns 15,462 shares of the company’s stock worth $380,000 after purchasing an additional 5,533 shares during the period. Finally, Integrated Wealth Concepts LLC grew its position in iShares iBonds Dec 2032 Term Corporate ETF by 6.4% during the third quarter. Integrated Wealth Concepts LLC now owns 15,518 shares of the company’s stock valued at $399,000 after purchasing an additional 932 shares in the last quarter.

About iShares iBonds Dec 2032 Term Corporate ETF

The iShares iBonds Dec 2032 Term Corporate ETF (IBDX) 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 January 1, 2032 and December 15, 2032. IBDX was launched on Jun 28, 2022 and is managed by BlackRock.