iShares iBonds Dec 2033 Term Corporate ETF (NYSEARCA:IBDY) Sets New 1-Year Low – Should You Sell?

iShares iBonds Dec 2033 Term Corporate ETF (NYSEARCA:IBDY)’s share price hit a new 52-week low during trading on Thursday . The stock traded as low as $25.31 and last traded at $25.31, with a volume of 9062 shares changing hands. The stock had previously closed at $25.38.

iShares iBonds Dec 2033 Term Corporate ETF Trading Down 0.3%

The stock’s fifty day moving average price is $25.64 and its 200 day moving average price is $25.90.

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

Several hedge funds have recently bought and sold shares of IBDY. 10Elms LLP boosted its position in shares of iShares iBonds Dec 2033 Term Corporate ETF by 12.4% in the 4th quarter. 10Elms LLP now owns 5,900 shares of the company’s stock worth $154,000 after purchasing an additional 650 shares in the last quarter. IFP Advisors Inc increased its position in iShares iBonds Dec 2033 Term Corporate ETF by 3.1% during the 3rd quarter. IFP Advisors Inc now owns 23,875 shares of the company’s stock valued at $626,000 after buying an additional 719 shares in the last quarter. Sterling Investment Advisors Ltd. increased its position in iShares iBonds Dec 2033 Term Corporate ETF by 4.3% during the 1st quarter. Sterling Investment Advisors Ltd. now owns 23,740 shares of the company’s stock valued at $614,000 after buying an additional 975 shares in the last quarter. Ballast Advisors LLC purchased a new position in iShares iBonds Dec 2033 Term Corporate ETF during the first quarter valued at $30,000. Finally, Advisory Services Network LLC raised its stake in iShares iBonds Dec 2033 Term Corporate ETF by 7.6% during the fourth quarter. Advisory Services Network LLC now owns 16,632 shares of the company’s stock valued at $435,000 after buying an additional 1,172 shares during the last quarter.

iShares iBonds Dec 2033 Term Corporate ETF Company Profile

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.