iShares iBonds Dec 2030 Term Corporate ETF (NYSEARCA:IBDV) Sees Unusually-High Trading Volume – Time to Buy?

iShares iBonds Dec 2030 Term Corporate ETF (NYSEARCA:IBDV) saw an uptick in trading volume on Thursday . Approximately 2,725,054 shares were traded during trading, an increase of 286% from the previous session’s volume of 705,411 shares.The stock last traded at $21.64 and had previously closed at $21.66.

iShares iBonds Dec 2030 Term Corporate ETF Price Performance

The stock has a 50-day moving average price of $21.66 and a 200 day moving average price of $21.82.

Institutional Investors Weigh In On iShares iBonds Dec 2030 Term Corporate ETF

Institutional investors and hedge funds have recently modified their holdings of the company. JPMorgan Chase & Co. raised its holdings in iShares iBonds Dec 2030 Term Corporate ETF by 162.4% in the third quarter. JPMorgan Chase & Co. now owns 304,382 shares of the company’s stock valued at $6,742,000 after acquiring an additional 188,371 shares in the last quarter. Integrated Wealth Concepts LLC lifted its position in shares of iShares iBonds Dec 2030 Term Corporate ETF by 13.2% during the 3rd quarter. Integrated Wealth Concepts LLC now owns 42,243 shares of the company’s stock worth $936,000 after buying an additional 4,940 shares during the last quarter. United Capital Financial Advisors LLC lifted its position in shares of iShares iBonds Dec 2030 Term Corporate ETF by 6.5% during the 3rd quarter. United Capital Financial Advisors LLC now owns 81,590 shares of the company’s stock worth $1,807,000 after buying an additional 4,994 shares during the last quarter. American Trust acquired a new position in shares of iShares iBonds Dec 2030 Term Corporate ETF in the 3rd quarter valued at $370,000. Finally, NewEdge Advisors LLC boosted its holdings in shares of iShares iBonds Dec 2030 Term Corporate ETF by 37.9% in the 3rd quarter. NewEdge Advisors LLC now owns 949,500 shares of the company’s stock valued at $21,031,000 after buying an additional 260,892 shares in the last quarter.

iShares iBonds Dec 2030 Term Corporate ETF Company Profile

The iShares iBonds Dec 2030 Term Corporate ETF (IBDV) 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 Jan 1 and Dec 15, 2029. IBDV was launched on Jun 23, 2020 and is managed by BlackRock.