iShares iBonds Dec 2030 Term Corporate ETF (NYSEARCA:IBDV) Trading Up 0.2% – Here’s What Happened

iShares iBonds Dec 2030 Term Corporate ETF (NYSEARCA:IBDV)’s stock price were up 0.2% during trading on Monday . The stock traded as high as $22.09 and last traded at $22.09. Approximately 515,706 shares traded hands during trading, a decline of 37% from the average daily volume of 822,551 shares. The stock had previously closed at $22.05.

iShares iBonds Dec 2030 Term Corporate ETF Stock Performance

The business has a fifty day simple moving average of $22.12 and a 200 day simple moving average of $22.12.

Institutional Investors Weigh In On iShares iBonds Dec 2030 Term Corporate ETF

A number of hedge funds have recently made changes to their positions in the business. RVW Wealth LLC purchased a new stake in iShares iBonds Dec 2030 Term Corporate ETF during the fourth quarter worth about $24,567,000. Rebalance LLC purchased a new position in iShares iBonds Dec 2030 Term Corporate ETF in the fourth quarter valued at about $10,139,000. Captrust Financial Advisors grew its position in shares of iShares iBonds Dec 2030 Term Corporate ETF by 1,050.5% during the 4th quarter. Captrust Financial Advisors now owns 467,361 shares of the company’s stock valued at $10,315,000 after acquiring an additional 426,739 shares during the period. NewEdge Advisors LLC increased its stake in shares of iShares iBonds Dec 2030 Term Corporate ETF by 37.9% during the 3rd quarter. NewEdge Advisors LLC now owns 949,500 shares of the company’s stock worth $21,031,000 after purchasing an additional 260,892 shares during the last quarter. Finally, JPMorgan Chase & Co. raised its holdings in shares of iShares iBonds Dec 2030 Term Corporate ETF by 162.4% in the 3rd quarter. JPMorgan Chase & Co. now owns 304,382 shares of the company’s stock worth $6,742,000 after purchasing an additional 188,371 shares during the period.

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.