iShares iBonds Dec 2030 Term Corporate ETF (NYSEARCA:IBDV) Sees Strong Trading Volume – Here’s What Happened

Shares of iShares iBonds Dec 2030 Term Corporate ETF (NYSEARCA:IBDV) saw an uptick in trading volume on Tuesday . 1,489,212 shares were traded during trading, an increase of 193% from the previous session’s volume of 508,937 shares.The stock last traded at $21.47 and had previously closed at $21.48.

iShares iBonds Dec 2030 Term Corporate ETF Stock Up 0.0 %

The firm’s 50 day moving average is $21.44 and its 200-day moving average is $21.69.

Hedge Funds Weigh In On iShares iBonds Dec 2030 Term Corporate ETF

A number of institutional investors have recently modified their holdings of the company. First United Bank & Trust acquired a new position in iShares iBonds Dec 2030 Term Corporate ETF in the 4th quarter valued at approximately $47,000. Farther Finance Advisors LLC increased its stake in shares of iShares iBonds Dec 2030 Term Corporate ETF by 12,188.6% in the third quarter. Farther Finance Advisors LLC now owns 4,301 shares of the company’s stock valued at $95,000 after buying an additional 4,266 shares in the last quarter. Bogart Wealth LLC lifted its position in shares of iShares iBonds Dec 2030 Term Corporate ETF by 15.9% during the third quarter. Bogart Wealth LLC now owns 6,609 shares of the company’s stock worth $147,000 after purchasing an additional 909 shares in the last quarter. Spinnaker Trust bought a new stake in shares of iShares iBonds Dec 2030 Term Corporate ETF during the third quarter worth $232,000. Finally, Crews Bank & Trust acquired a new position in iShares iBonds Dec 2030 Term Corporate ETF during the 4th quarter valued at about $440,000.

iShares iBonds Dec 2030 Term Corporate ETF Company Profile

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.