iShares iBonds Dec 2034 Term Corporate ETF (NYSEARCA:IBDZ – Get Free Report) was the target of a large decrease in short interest in October. As of October 15th, there was short interest totaling 94,030 shares, a decrease of 49.1% from the September 30th total of 184,675 shares. Currently, 0.3% of the company’s stock are sold short. Based on an average daily volume of 230,215 shares, the days-to-cover ratio is currently 0.4 days.
iShares iBonds Dec 2034 Term Corporate ETF Stock Down 0.5%
Shares of iShares iBonds Dec 2034 Term Corporate ETF stock traded down $0.12 during trading on Monday, hitting $24.96. 142,242 shares of the stock were exchanged, compared to its average volume of 186,666. The stock’s fifty day moving average is $25.02 and its 200 day moving average is $25.79. iShares iBonds Dec 2034 Term Corporate ETF has a 12 month low of $24.42 and a 12 month high of $27.48.
Institutional Trading of iShares iBonds Dec 2034 Term Corporate ETF
Large investors have recently added to or reduced their stakes in the company. Sarver Vrooman Wealth Advisors grew its position in shares of iShares iBonds Dec 2034 Term Corporate ETF by 2.2% in the third quarter. Sarver Vrooman Wealth Advisors now owns 1,718,835 shares of the company’s stock valued at $42,335,000 after purchasing an additional 37,801 shares during the last quarter. Janney Montgomery Scott LLC boosted its stake in iShares iBonds Dec 2034 Term Corporate ETF by 56.6% during the 1st quarter. Janney Montgomery Scott LLC now owns 343,060 shares of the company’s stock valued at $8,940,000 after purchasing an additional 123,996 shares during the period. Montecito Bank & Trust bought a new position in iShares iBonds Dec 2034 Term Corporate ETF in the 3rd quarter worth approximately $720,000. Roble Belko & Company Inc acquired a new position in shares of iShares iBonds Dec 2034 Term Corporate ETF during the second quarter worth approximately $1,503,000. Finally, Arrow Financial Corp acquired a new position in shares of iShares iBonds Dec 2034 Term Corporate ETF during the third quarter worth approximately $12,997,000.
iShares iBonds Dec 2034 Term Corporate ETF Company Profile
The iShares iBonds Dec 2034 Term Corporate ETF (IBDZ) 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, 2034, and December 15, 2034. IBDZ was launched on May 22, 2024 and is issued by BlackRock.
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