iShares iBonds Dec 2032 Term Corporate ETF (NYSEARCA:IBDX) Sets New 52-Week Low – Here’s What Happened

iShares iBonds Dec 2032 Term Corporate ETF (NYSEARCA:IBDXGet Free Report)’s share price hit a new 52-week low during trading on Wednesday . The company traded as low as $24.29 and last traded at $24.2750, with a volume of 20334 shares traded. The stock had previously closed at $24.42.

iShares iBonds Dec 2032 Term Corporate ETF Stock Down 0.9%

The company’s 50 day moving average price is $24.75 and its 200 day moving average price is $25.04.

Institutional Investors Weigh In On iShares iBonds Dec 2032 Term Corporate ETF

Hedge funds have recently added to or reduced their stakes in the company. Ballast Advisors LLC purchased a new position in shares of iShares iBonds Dec 2032 Term Corporate ETF during the 1st quarter worth approximately $30,000. Ascentis Independent Advisors purchased a new stake in shares of iShares iBonds Dec 2032 Term Corporate ETF in the first quarter valued at approximately $88,000. Bogart Wealth LLC boosted its stake in shares of iShares iBonds Dec 2032 Term Corporate ETF by 115.2% in the first quarter. Bogart Wealth LLC now owns 4,721 shares of the company’s stock valued at $119,000 after buying an additional 2,527 shares in the last quarter. Trust Co. of Vermont purchased a new stake in shares of iShares iBonds Dec 2032 Term Corporate ETF in the second quarter valued at approximately $152,000. Finally, Dearborn Partners LLC acquired a new position in iShares iBonds Dec 2032 Term Corporate ETF during the fourth quarter worth $206,000.

iShares iBonds Dec 2032 Term Corporate ETF Company Profile

(Get Free Report)

The iShares iBonds Dec 2032 Term Corporate ETF (IBDX) 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 January 1, 2032 and December 15, 2032. IBDX was launched on Jun 28, 2022 and is managed by BlackRock.

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