iShares iBonds Dec 2033 Term Corporate ETF (NYSEARCA:IBDY) Reaches New 12-Month Low – Here’s Why

iShares iBonds Dec 2033 Term Corporate ETF (NYSEARCA:IBDYGet Free Report) shares hit a new 52-week low during trading on Tuesday . The stock traded as low as $24.82 and last traded at $24.85, with a volume of 151428 shares changing hands. The stock had previously closed at $24.88.

iShares iBonds Dec 2033 Term Corporate ETF Price Performance

The stock has a 50-day moving average price of $25.30 and a two-hundred day moving average price of $25.63.

Institutional Investors Weigh In On iShares iBonds Dec 2033 Term Corporate ETF

Several institutional investors have recently added to or reduced their stakes in the business. Ballast Advisors LLC purchased a new stake in shares of iShares iBonds Dec 2033 Term Corporate ETF during the first quarter worth about $30,000. Bogart Wealth LLC boosted its stake 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. 10Elms LLP raised its holdings in shares of iShares iBonds Dec 2033 Term Corporate ETF by 12.4% in the fourth quarter. 10Elms LLP now owns 5,900 shares of the company’s stock worth $154,000 after buying an additional 650 shares during the last quarter. Dearborn Partners LLC purchased a new position in shares of iShares iBonds Dec 2033 Term Corporate ETF in the fourth quarter worth $206,000. Finally, Bessemer Group Inc. acquired a new stake in shares of iShares iBonds Dec 2033 Term Corporate ETF during the first quarter worth $241,000.

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.

Further Reading

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