iShares iBonds Dec 2030 Term Corporate ETF (NYSEARCA:IBDV) Stock Cross Below 200 Day Moving Average – What’s Next?

iShares iBonds Dec 2030 Term Corporate ETF (NYSEARCA:IBDV)’s share price passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $21.63 and traded as low as $21.61. iShares iBonds Dec 2030 Term Corporate ETF shares last traded at $21.66, with a volume of 247,592 shares changing hands.

iShares iBonds Dec 2030 Term Corporate ETF Price Performance

The company has a 50-day simple moving average of $21.75 and a 200 day simple moving average of $21.63.

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

Several hedge funds have recently bought and sold shares of the business. Arrow Financial Corp grew its position in iShares iBonds Dec 2030 Term Corporate ETF by 1.3% in the 3rd quarter. Arrow Financial Corp now owns 645,246 shares of the company’s stock valued at $14,305,000 after acquiring an additional 8,516 shares during the last quarter. Buffington Mohr McNeal grew its position in shares of iShares iBonds Dec 2030 Term Corporate ETF by 2.4% during the 3rd quarter. Buffington Mohr McNeal now owns 607,607 shares of the company’s stock worth $13,471,000 after buying an additional 14,142 shares in the last quarter. Janney Montgomery Scott LLC grew its position in shares of iShares iBonds Dec 2030 Term Corporate ETF by 5.3% during the 3rd quarter. Janney Montgomery Scott LLC now owns 327,867 shares of the company’s stock worth $7,269,000 after buying an additional 16,430 shares in the last quarter. Lyell Wealth Management LP grew its position in shares of iShares iBonds Dec 2030 Term Corporate ETF by 13.5% during the 3rd quarter. Lyell Wealth Management LP now owns 268,570 shares of the company’s stock worth $5,954,000 after buying an additional 31,925 shares in the last quarter. Finally, Oak Family Advisors LLC grew its position in shares of iShares iBonds Dec 2030 Term Corporate ETF by 0.6% during the 2nd quarter. Oak Family Advisors LLC now owns 209,082 shares of the company’s stock worth $4,445,000 after buying an additional 1,321 shares in the last quarter.

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.