iShares iBonds Dec 2028 Term Corporate ETF (NYSEARCA:IBDT) Sees Unusually-High Trading Volume – Should You Buy?

Shares of iShares iBonds Dec 2028 Term Corporate ETF (NYSEARCA:IBDT – Get Free Report) saw unusually-high trading volume on Thursday. 1,563,267 shares were traded during mid-day trading, an increase of 134% from the previous session’s volume of 667,959 shares. The stock last traded at $24.9150 and had previously closed at $24.95.

iShares iBonds Dec 2028 Term Corporate ETF Price Performance

The stock has a 50-day simple moving average of $25.08 and a two-hundred day simple moving average of $25.18.

Institutional Investors Weigh In On iShares iBonds Dec 2028 Term Corporate ETF

Hedge funds and other institutional investors have recently modified their holdings of the stock. RVW Wealth LLC grew its stake in shares of iShares iBonds Dec 2028 Term Corporate ETF by 4.1% during the 2nd quarter. RVW Wealth LLC now owns 1,206,680 shares of the company’s stock valued at $30,469,000 after acquiring an additional 47,454 shares during the period. Spinnaker Trust grew its holdings in iShares iBonds Dec 2028 Term Corporate ETF by 12.0% during the 1st quarter. Spinnaker Trust now owns 547,809 shares of the company’s stock valued at $13,876,000 after buying an additional 58,546 shares in the last quarter. Lyell Wealth Management LP raised its position in shares of iShares iBonds Dec 2028 Term Corporate ETF by 18.8% during the 4th quarter. Lyell Wealth Management LP now owns 479,315 shares of the company’s stock valued at $12,201,000 after buying an additional 75,950 shares in the last quarter. Peloton Wealth Strategists boosted its stake in iShares iBonds Dec 2028 Term Corporate ETF by 7.0% during the fourth quarter. Peloton Wealth Strategists now owns 390,560 shares of the company’s stock worth $9,942,000 after buying an additional 25,600 shares during the period. Finally, Parallel Advisors LLC raised its position in iShares iBonds Dec 2028 Term Corporate ETF by 5.0% in the 1st quarter. Parallel Advisors LLC now owns 304,913 shares of the company’s stock worth $7,723,000 after purchasing an additional 14,400 shares during the period.

iShares iBonds Dec 2028 Term Corporate ETF Company Profile

(Get Free Report)

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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