iShares iBonds Dec 2028 Term Corporate ETF (NYSEARCA:IBDT) Sees Large Volume Increase – Time to Buy?

Shares of iShares iBonds Dec 2028 Term Corporate ETF (NYSEARCA:IBDT) saw unusually-strong trading volume on Friday . Approximately 1,137,376 shares traded hands during trading, an increase of 95% from the previous session’s volume of 584,317 shares.The stock last traded at $25.4050 and had previously closed at $25.51.

iShares iBonds Dec 2028 Term Corporate ETF Price Performance

The company’s 50-day moving average price is $25.48 and its two-hundred day moving average price is $25.42.

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

Institutional investors have recently made changes to their positions in the company. Sunbelt Securities Inc. acquired a new stake in iShares iBonds Dec 2028 Term Corporate ETF during the 3rd quarter worth approximately $26,000. High Note Wealth LLC bought a new position in iShares iBonds Dec 2028 Term Corporate ETF during the 3rd quarter worth $28,000. Bank of Jackson Hole Trust lifted its holdings in shares of iShares iBonds Dec 2028 Term Corporate ETF by 31.9% during the second quarter. Bank of Jackson Hole Trust now owns 3,850 shares of the company’s stock worth $98,000 after buying an additional 932 shares in the last quarter. MTM Investment Management LLC bought a new stake in shares of iShares iBonds Dec 2028 Term Corporate ETF in the second quarter valued at about $126,000. Finally, Newman Dignan & Sheerar Inc. acquired a new position in shares of iShares iBonds Dec 2028 Term Corporate ETF in the second quarter valued at about $206,000.

iShares iBonds Dec 2028 Term Corporate ETF Company Profile

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.