iShares iBonds Dec 2028 Term Corporate ETF (NYSEARCA:IBDT) Sets New 12-Month Low – Here’s Why

iShares iBonds Dec 2028 Term Corporate ETF (NYSEARCA:IBDT)’s share price hit a new 52-week low during mid-day trading on Monday . The stock traded as low as $25.11 and last traded at $25.11, with a volume of 59743 shares traded. The stock had previously closed at $25.19.

iShares iBonds Dec 2028 Term Corporate ETF Price Performance

The business has a 50-day moving average of $25.19 and a 200 day moving average of $25.31.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in the company. Sunbelt Securities Inc. purchased a new position in iShares iBonds Dec 2028 Term Corporate ETF during the third quarter worth about $26,000. BOKF NA bought a new stake in iShares iBonds Dec 2028 Term Corporate ETF in the 4th quarter worth about $108,000. Ascentis Independent Advisors purchased a new stake in iShares iBonds Dec 2028 Term Corporate ETF in the 1st quarter valued at about $124,000. Flagship Harbor Advisors LLC purchased a new stake in iShares iBonds Dec 2028 Term Corporate ETF in the 4th quarter valued at about $131,000. Finally, Bogart Wealth LLC lifted its position in shares of iShares iBonds Dec 2028 Term Corporate ETF by 47.0% during the 1st quarter. Bogart Wealth LLC now owns 7,978 shares of the company’s stock worth $202,000 after buying an additional 2,549 shares in the last quarter.

iShares iBonds Dec 2028 Term Corporate ETF Company Profile

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.