iShares iBonds Dec 2031 Term Corporate ETF (NYSEARCA:IBDW) Trading Up 0.4% – What’s Next?

iShares iBonds Dec 2031 Term Corporate ETF (NYSEARCA:IBDW) were up 0.4% during trading on Wednesday . The stock traded as high as $20.55 and last traded at $20.54. Approximately 301,189 shares traded hands during trading, an increase of 15% from the average daily volume of 261,316 shares. The stock had previously closed at $20.45.

iShares iBonds Dec 2031 Term Corporate ETF Stock Up 0.4 %

The company’s fifty day simple moving average is $20.59 and its two-hundred day simple moving average is $20.59.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in the business. 10Elms LLP bought a new stake in iShares iBonds Dec 2031 Term Corporate ETF during the fourth quarter worth about $41,000. First United Bank & Trust acquired a new position in shares of iShares iBonds Dec 2031 Term Corporate ETF in the 4th quarter valued at approximately $47,000. Crews Bank & Trust bought a new stake in shares of iShares iBonds Dec 2031 Term Corporate ETF during the 4th quarter worth approximately $92,000. Bogart Wealth LLC bought a new stake in shares of iShares iBonds Dec 2031 Term Corporate ETF during the 4th quarter worth approximately $107,000. Finally, Princeton Global Asset Management LLC boosted its position in shares of iShares iBonds Dec 2031 Term Corporate ETF by 9.5% during the 1st quarter. Princeton Global Asset Management LLC now owns 7,270 shares of the company’s stock worth $151,000 after acquiring an additional 628 shares in the last quarter.

About iShares iBonds Dec 2031 Term Corporate ETF

The iShares iBonds Dec 2031 Term Corporate ETF (IBDW) 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, 2031 and December 15, 2031. IBDW was launched on Jun 22, 2021 and is managed by BlackRock.