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 strong trading volume on Wednesday . 664,675 shares changed hands during mid-day trading, an increase of 219% from the previous session’s volume of 208,100 shares.The stock last traded at $25.5550 and had previously closed at $25.58.

iShares iBonds Dec 2032 Term Corporate ETF Stock Performance

The stock’s 50 day simple moving average is $25.64 and its 200-day simple moving average is $25.27.

Institutional Investors Weigh In On iShares iBonds Dec 2032 Term Corporate ETF

Large investors have recently bought and sold shares of the stock. Farmers National Bank increased its position in shares of iShares iBonds Dec 2032 Term Corporate ETF by 1.5% in the 2nd quarter. Farmers National Bank now owns 28,010 shares of the company’s stock valued at $708,000 after purchasing an additional 423 shares during the last quarter. Cary Street Partners Financial LLC lifted its position in shares of iShares iBonds Dec 2032 Term Corporate ETF by 5.5% during the 1st quarter. Cary Street Partners Financial LLC now owns 13,829 shares of the company’s stock worth $346,000 after purchasing an additional 727 shares during the last quarter. Lyell Wealth Management LP grew its stake in shares of iShares iBonds Dec 2032 Term Corporate ETF by 0.4% during the first quarter. Lyell Wealth Management LP now owns 214,875 shares of the company’s stock worth $5,370,000 after purchasing an additional 900 shares in the last quarter. Bank of New Hampshire grew its stake in shares of iShares iBonds Dec 2032 Term Corporate ETF by 12.8% during the third quarter. Bank of New Hampshire now owns 7,930 shares of the company’s stock worth $203,000 after purchasing an additional 900 shares in the last quarter. Finally, Roble Belko & Company Inc increased its holdings in iShares iBonds Dec 2032 Term Corporate ETF by 15.9% in the first quarter. Roble Belko & Company Inc now owns 7,113 shares of the company’s stock valued at $178,000 after buying an additional 976 shares during the last quarter.

About iShares iBonds Dec 2032 Term Corporate ETF

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.