iShares iBonds Dec 2033 Term Corporate ETF (NYSEARCA:IBDY) Sets New 52-Week Low – What’s Next?

iShares iBonds Dec 2033 Term Corporate ETF (NYSEARCA:IBDYGet Free Report) shares reached a new 52-week low during mid-day trading on Wednesday . The company traded as low as $25.07 and last traded at $25.0560, with a volume of 99428 shares traded. The stock had previously closed at $25.11.

iShares iBonds Dec 2033 Term Corporate ETF Stock Down 0.0%

The firm’s fifty day moving average price is $25.38 and its 200 day moving average price is $25.69.

Hedge Funds Weigh In On iShares iBonds Dec 2033 Term Corporate ETF

Several institutional investors and hedge funds have recently modified their holdings of IBDY. Ballast Advisors LLC acquired a new stake in iShares iBonds Dec 2033 Term Corporate ETF during the first quarter worth about $30,000. Bogart Wealth LLC boosted its position in iShares iBonds Dec 2033 Term Corporate ETF by 431.5% in the 1st quarter. Bogart Wealth LLC now owns 3,040 shares of the company’s stock worth $79,000 after purchasing an additional 2,468 shares in the last quarter. Jupiter Wealth Management LLC acquired a new stake in shares of iShares iBonds Dec 2033 Term Corporate ETF during the 2nd quarter worth approximately $120,000. 10Elms LLP grew its stake in shares of iShares iBonds Dec 2033 Term Corporate ETF by 12.4% during the 4th quarter. 10Elms LLP now owns 5,900 shares of the company’s stock worth $154,000 after purchasing an additional 650 shares during the period. Finally, Dearborn Partners LLC purchased a new position in shares of iShares iBonds Dec 2033 Term Corporate ETF during the 4th quarter valued at approximately $206,000.

iShares iBonds Dec 2033 Term Corporate ETF Company Profile

(Get Free Report)

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.

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