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

iShares iBonds Dec 2033 Term Corporate ETF (NYSEARCA:IBDY) saw unusually-strong trading volume on Friday . 921,382 shares were traded during trading, an increase of 284% from the previous session’s volume of 240,019 shares.The stock last traded at $25.39 and had previously closed at $25.35.

iShares iBonds Dec 2033 Term Corporate ETF Price Performance

The firm has a 50-day simple moving average of $25.57 and a two-hundred day simple moving average of $25.84.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of IBDY. Ameriprise Financial Inc. lifted its holdings in 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 worth $14,530,000 after buying an additional 377,989 shares during the last quarter. JPMorgan Chase & Co. increased its holdings in shares of iShares iBonds Dec 2033 Term Corporate ETF by 18,185.4% in the 2nd quarter. JPMorgan Chase & Co. now owns 146,649 shares of the company’s stock valued at $3,799,000 after acquiring an additional 145,847 shares during the period. Lyell Wealth Management LP increased its stake in iShares iBonds Dec 2033 Term Corporate ETF by 46.8% in the fourth 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 period. Roble Belko & Company Inc raised its stake in 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 acquiring an additional 48,610 shares during the last quarter. Finally, Janney Montgomery Scott LLC raised its stake in shares of iShares iBonds Dec 2033 Term Corporate ETF by 8.1% during the first quarter. Janney Montgomery Scott LLC now owns 388,257 shares of the company’s stock worth $10,036,000 after purchasing an additional 29,179 shares during the last quarter.

iShares iBonds Dec 2033 Term Corporate ETF Company Profile

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.