iShares iBonds Dec 2033 Term Corporate ETF (NYSEARCA:IBDY) Shares Up 0.1% – What’s Next?

iShares iBonds Dec 2033 Term Corporate ETF (NYSEARCA:IBDY)’s share price shot up 0.1% on Friday . The company traded as high as $26.19 and last traded at $26.16. 168,383 shares traded hands during mid-day trading, a decline of 27% from the average session volume of 229,147 shares. The stock had previously closed at $26.13.

iShares iBonds Dec 2033 Term Corporate ETF Trading Up 0.1%

The firm’s 50-day moving average price is $26.16 and its 200 day moving average price is $26.08.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the stock. Ameriprise Financial Inc. boosted its position in shares of iShares iBonds Dec 2033 Term Corporate ETF by 214.8% during the third quarter. Ameriprise Financial Inc. now owns 553,935 shares of the company’s stock valued at $14,530,000 after buying an additional 377,989 shares during the last quarter. Janney Montgomery Scott LLC lifted its stake in iShares iBonds Dec 2033 Term Corporate ETF by 7.8% during the 2nd quarter. Janney Montgomery Scott LLC now owns 304,136 shares of the company’s stock valued at $7,879,000 after acquiring an additional 21,988 shares in the last quarter. Atlantic Union Bankshares Corp purchased a new position in iShares iBonds Dec 2033 Term Corporate ETF during the 2nd quarter worth $5,265,000. Parallel Advisors LLC grew its stake in shares of iShares iBonds Dec 2033 Term Corporate ETF by 5.0% in the 3rd quarter. Parallel Advisors LLC now owns 197,867 shares of the company’s stock worth $5,190,000 after acquiring an additional 9,461 shares in the last quarter. Finally, JPMorgan Chase & Co. grew its stake 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 worth $3,799,000 after acquiring an additional 145,847 shares in 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.