iShares iBonds Dec 2033 Term Corporate ETF (NYSEARCA:IBDY) Reaches New 12-Month Low – Time to Sell?

iShares iBonds Dec 2033 Term Corporate ETF (NYSEARCA:IBDYGet Free Report)’s share price reached a new 52-week low during mid-day trading on Monday . The company traded as low as $25.25 and last traded at $25.33, with a volume of 21218 shares trading hands. The stock had previously closed at $25.32.

iShares iBonds Dec 2033 Term Corporate ETF Stock Up 0.1%

The firm’s fifty day moving average price is $25.50 and its 200 day moving average price is $25.77.

Institutional Trading of iShares iBonds Dec 2033 Term Corporate ETF

A number of institutional investors and hedge funds have recently added to or reduced their stakes in IBDY. Ballast Advisors LLC acquired a new position in iShares iBonds Dec 2033 Term Corporate ETF during the first quarter worth $30,000. Bogart Wealth LLC grew its stake in shares of iShares iBonds Dec 2033 Term Corporate ETF by 431.5% in the first quarter. Bogart Wealth LLC now owns 3,040 shares of the company’s stock valued at $79,000 after buying an additional 2,468 shares in the last quarter. Jupiter Wealth Management LLC purchased a new stake in shares of iShares iBonds Dec 2033 Term Corporate ETF in the 2nd quarter valued at $120,000. 10Elms LLP raised its holdings in shares of iShares iBonds Dec 2033 Term Corporate ETF by 12.4% in the 4th quarter. 10Elms LLP now owns 5,900 shares of the company’s stock valued at $154,000 after buying an additional 650 shares during the period. Finally, Dearborn Partners LLC acquired a new position in iShares iBonds Dec 2033 Term Corporate ETF during the 4th quarter worth about $206,000.

iShares iBonds Dec 2033 Term Corporate ETF Company Profile

(Get Free Report)

The iShares iBonds Dec 2033 Term Corporate ETF (IBDY) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a Bloomberg index composed of USD-denominated, investment-grade corporate bonds maturing between January 1, 2033, and December 15, 2033. IBDY was launched on Jun 21, 2023 and is managed by BlackRock.

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