iShares iBonds Dec 2031 Term Corporate ETF (NYSEARCA:IBDW) Sees Large Volume Increase – Time to Buy?

iShares iBonds Dec 2031 Term Corporate ETF (NYSEARCA:IBDW) shares saw an uptick in trading volume on Tuesday . 245,730 shares were traded during mid-day trading, an increase of 3% from the previous session’s volume of 238,898 shares.The stock last traded at $20.75 and had previously closed at $20.77.

iShares iBonds Dec 2031 Term Corporate ETF Price Performance

The business has a fifty day moving average of $20.74 and a 200 day moving average of $20.71.

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

Several institutional investors and hedge funds have recently made changes to their positions in the business. Farther Finance Advisors LLC bought a new position in shares of iShares iBonds Dec 2031 Term Corporate ETF during the third quarter worth about $92,000. Princeton Global Asset Management LLC grew its position in shares of iShares iBonds Dec 2031 Term Corporate ETF by 112.4% in the 3rd quarter. Princeton Global Asset Management LLC now owns 6,562 shares of the company’s stock worth $139,000 after acquiring an additional 3,473 shares in the last quarter. Montecito Bank & Trust increased its holdings in shares of iShares iBonds Dec 2031 Term Corporate ETF by 66.6% in the 2nd quarter. Montecito Bank & Trust now owns 24,873 shares of the company’s stock valued at $505,000 after acquiring an additional 9,939 shares during the last quarter. Comerica Bank raised its position in shares of iShares iBonds Dec 2031 Term Corporate ETF by 64.9% during the 1st quarter. Comerica Bank now owns 26,462 shares of the company’s stock valued at $542,000 after acquiring an additional 10,417 shares in the last quarter. Finally, Lyell Wealth Management LP lifted its stake in iShares iBonds Dec 2031 Term Corporate ETF by 42.9% during the second quarter. Lyell Wealth Management LP now owns 27,550 shares of the company’s stock worth $559,000 after purchasing an additional 8,275 shares during the last quarter.

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.