iShares iBonds Dec 2033 Term Corporate ETF (NYSEARCA:IBDY) Sees Large Volume Increase – Time to Buy?

iShares iBonds Dec 2033 Term Corporate ETF (NYSEARCA:IBDY) saw unusually-high trading volume on Monday . Approximately 238,313 shares were traded during mid-day trading, an increase of 65% from the previous session’s volume of 144,315 shares.The stock last traded at $26.26 and had previously closed at $26.20.

iShares iBonds Dec 2033 Term Corporate ETF Trading Up 0.3%

The firm’s 50-day moving average price is $25.84 and its 200-day moving average price is $25.54.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the stock. Flow Traders U.S. LLC acquired a new stake in shares of iShares iBonds Dec 2033 Term Corporate ETF during the 1st quarter worth about $1,084,000. Adirondack Trust Co. boosted its position in iShares iBonds Dec 2033 Term Corporate ETF by 63.1% during the first quarter. Adirondack Trust Co. now owns 32,749 shares of the company’s stock worth $837,000 after purchasing an additional 12,672 shares during the period. Captrust Financial Advisors raised its stake in shares of iShares iBonds Dec 2033 Term Corporate ETF by 73.9% in the fourth quarter. Captrust Financial Advisors now owns 48,484 shares of the company’s stock valued at $1,217,000 after purchasing an additional 20,596 shares in the last quarter. Cambridge Investment Research Advisors Inc. grew its holdings in shares of iShares iBonds Dec 2033 Term Corporate ETF by 8.9% during the first quarter. Cambridge Investment Research Advisors Inc. now owns 9,493 shares of the company’s stock worth $243,000 after purchasing an additional 775 shares during the last quarter. Finally, Janney Montgomery Scott LLC grew its position in shares of iShares iBonds Dec 2033 Term Corporate ETF by 17.1% during the 1st quarter. Janney Montgomery Scott LLC now owns 282,148 shares of the company’s stock worth $7,212,000 after buying an additional 41,112 shares during the period.

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.