iShares iBonds Dec 2030 Term Corporate ETF (NYSEARCA:IBDV) Sets New 12-Month Low – Here’s What Happened

iShares iBonds Dec 2030 Term Corporate ETF (NYSEARCA:IBDV)’s stock price reached a new 52-week low on Monday . The company traded as low as $21.53 and last traded at $21.58, with a volume of 17417 shares traded. The stock had previously closed at $21.59.

iShares iBonds Dec 2030 Term Corporate ETF Stock Performance

The stock has a 50-day moving average of $21.66 and a two-hundred day moving average of $21.81.

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

Several institutional investors and hedge funds have recently made changes to their positions in IBDV. NBH Bank bought a new stake in shares of iShares iBonds Dec 2030 Term Corporate ETF in the 2nd quarter worth $86,000. Praetorian Wealth Management Inc. boosted its holdings in iShares iBonds Dec 2030 Term Corporate ETF by 2.2% in the second quarter. Praetorian Wealth Management Inc. now owns 304,213 shares of the company’s stock worth $6,632,000 after purchasing an additional 6,681 shares during the last quarter. RVW Wealth LLC boosted its holdings in iShares iBonds Dec 2030 Term Corporate ETF by 8.6% in the second quarter. RVW Wealth LLC now owns 1,309,276 shares of the company’s stock worth $28,542,000 after purchasing an additional 103,166 shares during the last quarter. GAMMA Investing LLC grew its position in iShares iBonds Dec 2030 Term Corporate ETF by 966.9% in the 2nd quarter. GAMMA Investing LLC now owns 8,866 shares of the company’s stock worth $193,000 after purchasing an additional 8,035 shares during the period. Finally, Harbor Investment Advisory LLC increased its position in iShares iBonds Dec 2030 Term Corporate ETF by 39.8% during the second quarter. Harbor Investment Advisory LLC now owns 74,273 shares of the company’s stock valued at $1,619,000 after acquiring an additional 21,149 shares during the last quarter.

About iShares iBonds Dec 2030 Term Corporate ETF

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.