iShares iBonds Dec 2032 Term Corporate ETF (NYSEARCA:IBDX) Sees Large Volume Increase

iShares iBonds Dec 2032 Term Corporate ETF (NYSEARCA:IBDX) shares saw unusually-high trading volume on Friday . Approximately 180,240 shares traded hands during mid-day trading, an increase of 25% from the previous session’s volume of 143,715 shares.The stock last traded at $25.74 and had previously closed at $25.67.

iShares iBonds Dec 2032 Term Corporate ETF Price Performance

The stock has a fifty day simple moving average of $25.37 and a two-hundred day simple moving average of $24.81.

Hedge Funds Weigh In On iShares iBonds Dec 2032 Term Corporate ETF

A number of large investors have recently made changes to their positions in IBDX. Roble Belko & Company Inc acquired a new position in iShares iBonds Dec 2032 Term Corporate ETF during the first quarter worth about $101,000. Adirondack Trust Co. acquired a new position in iShares iBonds Dec 2032 Term Corporate ETF during the fourth quarter worth $112,000. Arkadios Wealth Advisors purchased a new stake in iShares iBonds Dec 2032 Term Corporate ETF during the second quarter worth $220,000. Montecito Bank & Trust acquired a new stake in iShares iBonds Dec 2032 Term Corporate ETF in the first quarter valued at $302,000. Finally, Comerica Bank increased its position in shares of iShares iBonds Dec 2032 Term Corporate ETF by 64.7% in the first quarter. Comerica Bank now owns 15,076 shares of the company’s stock valued at $374,000 after buying an additional 5,923 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.