iShares iBonds Dec 2031 Term Corporate ETF (NYSEARCA:IBDW) Shares Up 0.2% – Still a Buy?

Shares of iShares iBonds Dec 2031 Term Corporate ETF (NYSEARCA:IBDW) traded up 0.2% during trading on Monday . The company traded as high as $21.17 and last traded at $21.16. 608,063 shares were traded during trading, an increase of 6% from the average session volume of 571,044 shares. The stock had previously closed at $21.11.

iShares iBonds Dec 2031 Term Corporate ETF Stock Performance

The company’s 50 day moving average price is $21.19 and its two-hundred day moving average price is $21.20.

Hedge Funds Weigh In On iShares iBonds Dec 2031 Term Corporate ETF

Several institutional investors and hedge funds have recently bought and sold shares of the stock. RVW Wealth LLC grew its stake in shares of iShares iBonds Dec 2031 Term Corporate ETF by 3.9% during the 3rd quarter. RVW Wealth LLC now owns 14,219 shares of the company’s stock valued at $302,000 after acquiring an additional 539 shares during the period. Harbor Investment Advisory LLC raised its stake in iShares iBonds Dec 2031 Term Corporate ETF by 22.6% during the 3rd quarter. Harbor Investment Advisory LLC now owns 3,065 shares of the company’s stock worth $65,000 after acquiring an additional 565 shares during the period. Bogart Wealth LLC lifted its holdings in iShares iBonds Dec 2031 Term Corporate ETF by 19.9% during the fourth quarter. Bogart Wealth LLC now owns 6,291 shares of the company’s stock valued at $133,000 after purchasing an additional 1,043 shares in the last quarter. Crews Bank & Trust lifted its holdings in iShares iBonds Dec 2031 Term Corporate ETF by 7.1% during the third quarter. Crews Bank & Trust now owns 17,600 shares of the company’s stock valued at $373,000 after purchasing an additional 1,170 shares in the last quarter. Finally, Integrated Wealth Concepts LLC boosted its position in shares of iShares iBonds Dec 2031 Term Corporate ETF by 3.9% in the third quarter. Integrated Wealth Concepts LLC now owns 31,750 shares of the company’s stock worth $674,000 after purchasing an additional 1,184 shares during the period.

iShares iBonds Dec 2031 Term Corporate ETF Company Profile

The iShares iBonds Dec 2031 Term Corporate ETF (IBDW) 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, 2031 and December 15, 2031. IBDW was launched on Jun 22, 2021 and is managed by BlackRock.