iShares iBonds Dec 2028 Term Corporate ETF (NYSEARCA:IBDT) Sets New 12-Month Low – Time to Sell?

iShares iBonds Dec 2028 Term Corporate ETF (NYSEARCA:IBDTGet Free Report)’s stock price hit a new 52-week low during trading on Wednesday . The company traded as low as $25.14 and last traded at $25.16, with a volume of 25575 shares changing hands. The stock had previously closed at $25.25.

iShares iBonds Dec 2028 Term Corporate ETF Price Performance

The stock’s fifty day moving average price is $25.24 and its two-hundred day moving average price is $25.35.

Institutional Trading of iShares iBonds Dec 2028 Term Corporate ETF

Hedge funds and other institutional investors have recently bought and sold shares of the business. Sunbelt Securities Inc. purchased a new stake in iShares iBonds Dec 2028 Term Corporate ETF during the 3rd quarter worth about $26,000. Burkett Financial Services LLC acquired a new stake in shares of iShares iBonds Dec 2028 Term Corporate ETF during the 4th quarter worth about $51,000. BOKF NA acquired a new stake in shares of iShares iBonds Dec 2028 Term Corporate ETF during the 4th quarter worth about $108,000. Ascentis Independent Advisors purchased a new stake in iShares iBonds Dec 2028 Term Corporate ETF during the first quarter worth approximately $124,000. Finally, Flagship Harbor Advisors LLC purchased a new stake in iShares iBonds Dec 2028 Term Corporate ETF during the fourth quarter worth approximately $131,000.

About iShares iBonds Dec 2028 Term Corporate ETF

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The iShares iBonds Dec 2028 Term Corporate ETF (IBDT) 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, 2028. IBDT was launched on Sep 18, 2018 and is managed by BlackRock.

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