iShares iBonds Dec 2030 Term Corporate ETF (NYSEARCA:IBDV) Sets New 1-Year Low – Here’s What Happened

Shares of iShares iBonds Dec 2030 Term Corporate ETF (NYSEARCA:IBDV) hit a new 52-week low on Monday . The stock traded as low as $21.55 and last traded at $21.56, with a volume of 39167 shares. The stock had previously closed at $21.61.

iShares iBonds Dec 2030 Term Corporate ETF Price Performance

The business’s 50 day moving average price is $21.70 and its 200-day moving average price is $21.87.

Institutional Trading of iShares iBonds Dec 2030 Term Corporate ETF

Several institutional investors and hedge funds have recently bought and sold shares of the company. Praetorian Wealth Management Inc. lifted its holdings in iShares iBonds Dec 2030 Term Corporate ETF by 2.2% during the 2nd quarter. Praetorian Wealth Management Inc. now owns 304,213 shares of the company’s stock worth $6,632,000 after buying an additional 6,681 shares during the last quarter. RVW Wealth LLC increased its holdings in shares of iShares iBonds Dec 2030 Term Corporate ETF by 8.6% in the 2nd quarter. RVW Wealth LLC now owns 1,309,276 shares of the company’s stock valued at $28,542,000 after acquiring an additional 103,166 shares during the last quarter. GAMMA Investing LLC increased its holdings in shares of iShares iBonds Dec 2030 Term Corporate ETF by 966.9% in the 2nd quarter. GAMMA Investing LLC now owns 8,866 shares of the company’s stock valued at $193,000 after acquiring an additional 8,035 shares during the last quarter. Harbor Investment Advisory LLC raised its position in shares of iShares iBonds Dec 2030 Term Corporate ETF by 39.8% during the 2nd quarter. Harbor Investment Advisory LLC now owns 74,273 shares of the company’s stock valued at $1,619,000 after acquiring an additional 21,149 shares in the last quarter. Finally, Ballast Advisors LLC acquired a new stake in shares of iShares iBonds Dec 2030 Term Corporate ETF during the 1st quarter valued at approximately $30,000.

About iShares iBonds Dec 2030 Term Corporate ETF

The iShares iBonds Dec 2030 Term Corporate ETF (IBDV) 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, 2029. IBDV was launched on Jun 23, 2020 and is managed by BlackRock.