iShares iBonds Dec 2030 Term Corporate ETF (NYSEARCA:IBDV) Share Price Break Above Fifty Day Moving Average – Here’s What Happened

Shares of iShares iBonds Dec 2030 Term Corporate ETF (NYSEARCA:IBDV) crossed above its fifty day moving average during trading on Thursday. The stock has a fifty day moving average of $21.31 and traded as high as $21.35. iShares iBonds Dec 2030 Term Corporate ETF shares last traded at $21.32, with a volume of 656,223 shares.

iShares iBonds Dec 2030 Term Corporate ETF Stock Up 0.2%

The firm has a fifty day simple moving average of $21.31 and a 200-day simple moving average of $21.72.

Hedge Funds Weigh In On iShares iBonds Dec 2030 Term Corporate ETF

A number of large investors have recently modified their holdings of IBDV. Ballast Advisors LLC bought a new position in shares of iShares iBonds Dec 2030 Term Corporate ETF in the first quarter valued at $30,000. Pinnacle Bancorp Inc. acquired a new position in shares of iShares iBonds Dec 2030 Term Corporate ETF during the third quarter valued at about $50,000. NBH Bank bought a new stake in shares of iShares iBonds Dec 2030 Term Corporate ETF during the second quarter worth about $86,000. GAMMA Investing LLC increased its position in shares of iShares iBonds Dec 2030 Term Corporate ETF by 966.9% during the second quarter. GAMMA Investing LLC now owns 8,866 shares of the company’s stock worth $193,000 after acquiring an additional 8,035 shares in the last quarter. Finally, Bogart Wealth LLC increased its position in shares of iShares iBonds Dec 2030 Term Corporate ETF by 43.1% during the first quarter. Bogart Wealth LLC now owns 9,732 shares of the company’s stock worth $213,000 after acquiring an additional 2,930 shares in the last quarter.

iShares iBonds Dec 2030 Term Corporate ETF Company Profile

The iShares iBonds Dec 2030 Term Corporate ETF (IBDV) 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, 2029. IBDV was launched on Jun 23, 2020 and is managed by BlackRock.