iShares iBonds Dec 2032 Term Corporate ETF (NYSEARCA:IBDX) Sees Large Volume Increase – Here’s What Happened

iShares iBonds Dec 2032 Term Corporate ETF (NYSEARCA:IBDX) shares saw strong trading volume on Friday . 158,982 shares were traded during mid-day trading, a decline of 40% from the previous session’s volume of 263,877 shares.The stock last traded at $24.4350 and had previously closed at $24.39.

iShares iBonds Dec 2032 Term Corporate ETF Stock Up 0.1%

The stock’s 50 day simple moving average is $24.85 and its two-hundred day simple moving average is $25.11.

Institutional Trading of iShares iBonds Dec 2032 Term Corporate ETF

Several hedge funds have recently made changes to their positions in the business. Ameriprise Financial Inc. boosted its stake in shares of iShares iBonds Dec 2032 Term Corporate ETF by 111.2% during the third quarter. Ameriprise Financial Inc. now owns 1,707,594 shares of the company’s stock worth $43,762,000 after buying an additional 899,251 shares during the period. Atlantic Union Bankshares Corp raised its holdings in iShares iBonds Dec 2032 Term Corporate ETF by 36.8% during the fourth quarter. Atlantic Union Bankshares Corp now owns 315,958 shares of the company’s stock worth $8,066,000 after purchasing an additional 85,012 shares in the last quarter. Roble Belko & Company Inc increased its position in iShares iBonds Dec 2032 Term Corporate ETF by 917.6% during the 1st quarter. Roble Belko & Company Inc now owns 72,379 shares of the company’s stock worth $1,829,000 after purchasing an additional 65,266 shares during the period. JPMorgan Chase & Co. purchased a new stake in shares of iShares iBonds Dec 2032 Term Corporate ETF in the third quarter valued at approximately $1,283,000. Finally, Praetorian Wealth Management Inc. raised its position in iShares iBonds Dec 2032 Term Corporate ETF by 24.3% in the second quarter. Praetorian Wealth Management Inc. now owns 197,602 shares of the company’s stock worth $4,978,000 after acquiring an additional 38,612 shares in the last quarter.

iShares iBonds Dec 2032 Term Corporate ETF Company Profile

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.