iShares iBonds Dec 2028 Term Corporate ETF (NYSEARCA:IBDT) Sets New 52-Week High at $25.42

iShares iBonds Dec 2028 Term Corporate ETF (NYSEARCA:IBDT) reached a new 52-week high on Monday . The company traded as high as $25.42 and last traded at $25.39, with a volume of 49395 shares trading hands. The stock had previously closed at $25.38.

iShares iBonds Dec 2028 Term Corporate ETF Price Performance

The company’s 50-day moving average is $25.02 and its 200-day moving average is $24.81.

Institutional Investors Weigh In On iShares iBonds Dec 2028 Term Corporate ETF

Several large investors have recently modified their holdings of IBDT. Pinnacle Bancorp Inc. acquired a new stake in iShares iBonds Dec 2028 Term Corporate ETF in the 1st quarter valued at $50,000. First Horizon Advisors Inc. bought a new position in shares of iShares iBonds Dec 2028 Term Corporate ETF during the fourth quarter valued at $71,000. Ashton Thomas Private Wealth LLC acquired a new stake in shares of iShares iBonds Dec 2028 Term Corporate ETF in the 2nd quarter valued at $104,000. Bogart Wealth LLC increased its position in shares of iShares iBonds Dec 2028 Term Corporate ETF by 87.8% during the 4th quarter. Bogart Wealth LLC now owns 4,773 shares of the company’s stock worth $120,000 after purchasing an additional 2,231 shares in the last quarter. Finally, Adirondack Trust Co. acquired a new stake in shares of iShares iBonds Dec 2028 Term Corporate ETF during the 4th quarter worth about $255,000.

About iShares iBonds Dec 2028 Term Corporate ETF

The iShares iBonds Dec 2028 Term Corporate ETF (IBDT) 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, 2028. IBDT was launched on Sep 18, 2018 and is managed by BlackRock.