iShares iBonds Dec 2028 Term Corporate ETF (NYSEARCA:IBDT) Sees Large Volume Increase – What’s Next?

iShares iBonds Dec 2028 Term Corporate ETF (NYSEARCA:IBDTGet Free Report) shares saw strong trading volume on Friday . 1,137,376 shares traded hands during trading, an increase of 95% from the previous session’s volume of 584,317 shares.The stock last traded at $25.4050 and had previously closed at $25.51.

iShares iBonds Dec 2028 Term Corporate ETF Trading Down 0.4%

The company has a fifty day moving average of $25.48 and a two-hundred day moving average of $25.42.

Institutional Trading of iShares iBonds Dec 2028 Term Corporate ETF

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Ameriprise Financial Inc. increased its stake in shares of iShares iBonds Dec 2028 Term Corporate ETF by 43.5% in the first quarter. Ameriprise Financial Inc. now owns 1,555,428 shares of the company’s stock valued at $39,293,000 after buying an additional 471,500 shares during the period. Confluence Investment Management LLC bought a new stake in iShares iBonds Dec 2028 Term Corporate ETF during the 3rd quarter worth approximately $10,198,000. Jones Financial Companies Lllp grew its holdings in iShares iBonds Dec 2028 Term Corporate ETF by 1,171.9% during the 1st quarter. Jones Financial Companies Lllp now owns 409,970 shares of the company’s stock worth $10,356,000 after acquiring an additional 377,738 shares during the last quarter. Atlantic Union Bankshares Corp acquired a new position in iShares iBonds Dec 2028 Term Corporate ETF in the 2nd quarter valued at approximately $6,047,000. Finally, Captrust Financial Advisors increased its position in iShares iBonds Dec 2028 Term Corporate ETF by 46.6% in the 3rd quarter. Captrust Financial Advisors now owns 740,071 shares of the company’s stock valued at $18,887,000 after acquiring an additional 235,224 shares during the period.

About iShares iBonds Dec 2028 Term Corporate ETF

(Get Free Report)

The iShares iBonds Dec 2028 Term Corporate ETF (IBDT) 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, 2028. IBDT was launched on Sep 18, 2018 and is managed by BlackRock.

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