iShares iBonds Dec 2032 Term Corporate ETF (NYSEARCA:IBDX) Sees Unusually-High Trading Volume – Time to Buy?

iShares iBonds Dec 2032 Term Corporate ETF (NYSEARCA:IBDX) saw unusually-strong trading volume on Thursday . Approximately 1,484,917 shares traded hands during mid-day trading, an increase of 574% from the previous session’s volume of 220,321 shares.The stock last traded at $25.5850 and had previously closed at $25.58.

iShares iBonds Dec 2032 Term Corporate ETF Price Performance

The business’s 50-day moving average price is $25.61 and its 200-day moving average price is $25.39.

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

A number of large investors have recently made changes to their positions in the business. Ameriprise Financial Inc. increased its position in iShares iBonds Dec 2032 Term Corporate ETF by 111.2% during the 3rd quarter. Ameriprise Financial Inc. now owns 1,707,594 shares of the company’s stock valued at $43,762,000 after buying an additional 899,251 shares in the last quarter. Janney Montgomery Scott LLC increased its holdings in shares of iShares iBonds Dec 2032 Term Corporate ETF by 6.3% during the second quarter. Janney Montgomery Scott LLC now owns 317,816 shares of the company’s stock valued at $8,036,000 after acquiring an additional 18,910 shares in the last quarter. Atlantic Union Bankshares Corp raised its position in shares of iShares iBonds Dec 2032 Term Corporate ETF by 5.0% in the 3rd quarter. Atlantic Union Bankshares Corp now owns 230,946 shares of the company’s stock valued at $5,917,000 after purchasing an additional 10,999 shares during the last quarter. Lyell Wealth Management LP boosted its stake in iShares iBonds Dec 2032 Term Corporate ETF by 5.9% in the 3rd quarter. Lyell Wealth Management LP now owns 230,925 shares of the company’s stock worth $5,916,000 after purchasing an additional 12,900 shares in the last quarter. Finally, Parallel Advisors LLC boosted its stake in iShares iBonds Dec 2032 Term Corporate ETF by 4.3% in the 3rd quarter. Parallel Advisors LLC now owns 227,475 shares of the company’s stock worth $5,828,000 after purchasing an additional 9,299 shares in 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.