iShares iBonds Dec 2032 Term Corporate ETF (NYSEARCA:IBDX) Sees Unusually-High Trading Volume – Here’s Why

iShares iBonds Dec 2032 Term Corporate ETF (NYSEARCA:IBDX) shares saw an uptick in trading volume on Tuesday . Approximately 540,880 shares changed hands during trading, an increase of 105% from the previous session’s volume of 264,288 shares.The stock last traded at $24.91 and had previously closed at $24.83.

iShares iBonds Dec 2032 Term Corporate ETF Price Performance

The stock’s fifty day simple moving average is $24.96 and its 200-day simple moving average is $25.19.

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

Hedge funds have recently bought and sold shares of the company. Cary Street Partners Financial LLC raised its position in shares of iShares iBonds Dec 2032 Term Corporate ETF by 2.8% during the 4th quarter. Cary Street Partners Financial LLC now owns 14,221 shares of the company’s stock worth $363,000 after purchasing an additional 392 shares during the last quarter. Fort Washington Investment Advisors Inc. OH grew its holdings in iShares iBonds Dec 2032 Term Corporate ETF by 2.1% during the 1st quarter. Fort Washington Investment Advisors Inc. OH now owns 28,447 shares of the company’s stock valued at $719,000 after buying an additional 579 shares during the last quarter. Farmers National Bank grew its holdings in iShares iBonds Dec 2032 Term Corporate ETF by 3.4% during the 4th quarter. Farmers National Bank now owns 31,981 shares of the company’s stock valued at $816,000 after buying an additional 1,040 shares during the last quarter. Gradient Capital Advisors LLC increased its position in iShares iBonds Dec 2032 Term Corporate ETF by 3.6% during the fourth quarter. Gradient Capital Advisors LLC now owns 33,824 shares of the company’s stock worth $864,000 after buying an additional 1,187 shares in the last quarter. Finally, Ballast Advisors LLC purchased a new position in iShares iBonds Dec 2032 Term Corporate ETF during the first quarter worth $30,000.

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.