iShares iBonds Dec 2028 Term Corporate ETF (NYSEARCA:IBDT) Sees Unusually-High Trading Volume – Here’s What Happened

iShares iBonds Dec 2028 Term Corporate ETF (NYSEARCA:IBDT) shares saw unusually-high trading volume on Thursday. 1,563,267 shares changed hands during trading, an increase of 134% from the previous session’s volume of 667,959 shares. The stock last traded at $24.9150 and had previously closed at $24.95.

iShares iBonds Dec 2028 Term Corporate ETF Stock Performance

The stock has a fifty day moving average of $25.07 and a 200-day moving average of $25.17.

Hedge Funds Weigh In On iShares iBonds Dec 2028 Term Corporate ETF

A number of large investors have recently bought and sold shares of IBDT. Bullock Wealth Management Group bought a new stake in shares of iShares iBonds Dec 2028 Term Corporate ETF in the third quarter worth $1,585,000. GAMMA Investing LLC bought a new position in iShares iBonds Dec 2028 Term Corporate ETF in the third quarter valued at $318,000. Farther Finance Advisors LLC acquired a new stake in iShares iBonds Dec 2028 Term Corporate ETF in the 3rd quarter valued at $1,417,000. Bank of New Hampshire acquired a new stake in iShares iBonds Dec 2028 Term Corporate ETF in the 3rd quarter valued at $328,000. Finally, RVW Wealth LLC acquired a new stake in iShares iBonds Dec 2028 Term Corporate ETF in the 3rd quarter valued at $29,840,000.

iShares iBonds Dec 2028 Term Corporate ETF Company Profile

The iShares iBonds Dec 2028 Term Corporate ETF (IBDT) 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, 2028. IBDT was launched on Sep 18, 2018 and is managed by BlackRock.