iShares iBonds Dec 2033 Term Corporate ETF (NYSEARCA:IBDY) Stock Price Down 0.5% – Should You Sell?

iShares iBonds Dec 2033 Term Corporate ETF (NYSEARCA:IBDY) were down 0.5% during trading on Monday . The company traded as low as $26.03 and last traded at $26.04. Approximately 270,519 shares changed hands during mid-day trading, an increase of 39% from the average daily volume of 195,025 shares. The stock had previously closed at $26.18.

iShares iBonds Dec 2033 Term Corporate ETF Stock Performance

The business’s 50-day moving average is $26.17 and its two-hundred day moving average is $26.13.

Institutional Investors Weigh In On iShares iBonds Dec 2033 Term Corporate ETF

Large investors have recently made changes to their positions in the stock. Jupiter Wealth Management LLC acquired a new stake in shares of iShares iBonds Dec 2033 Term Corporate ETF in the second quarter valued at approximately $120,000. 10Elms LLP increased its stake in shares of iShares iBonds Dec 2033 Term Corporate ETF by 275.0% in the 3rd quarter. 10Elms LLP now owns 5,250 shares of the company’s stock worth $138,000 after acquiring an additional 3,850 shares during the last quarter. Sarver Vrooman Wealth Advisors acquired a new stake in shares of iShares iBonds Dec 2033 Term Corporate ETF in the 3rd quarter worth $263,000. Fort Washington Investment Advisors Inc. OH purchased a new position in shares of iShares iBonds Dec 2033 Term Corporate ETF during the 3rd quarter worth $455,000. Finally, Sterling Investment Advisors Ltd. acquired a new position in shares of iShares iBonds Dec 2033 Term Corporate ETF during the 3rd quarter valued at about $475,000.

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.