iShares iBonds Dec 2032 Term Corporate ETF (NYSEARCA:IBDX) Reaches New 12-Month Low – Here’s What Happened

iShares iBonds Dec 2032 Term Corporate ETF (NYSEARCA:IBDXGet Free Report)’s share price hit a new 52-week low during mid-day trading on Monday . The stock traded as low as $24.33 and last traded at $24.3250, with a volume of 7352 shares traded. The stock had previously closed at $24.37.

iShares iBonds Dec 2032 Term Corporate ETF Stock Down 0.2%

The stock has a fifty day moving average price of $24.84 and a 200-day moving average price of $25.10.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in the company. Cary Street Partners Financial LLC boosted its stake in shares of iShares iBonds Dec 2032 Term Corporate ETF by 2.8% during the 4th quarter. Cary Street Partners Financial LLC now owns 14,221 shares of the company’s stock worth $363,000 after acquiring an additional 392 shares in the last quarter. Fort Washington Investment Advisors Inc. OH increased its stake in iShares iBonds Dec 2032 Term Corporate ETF by 2.1% in the 1st quarter. Fort Washington Investment Advisors Inc. OH now owns 28,447 shares of the company’s stock valued at $719,000 after purchasing an additional 579 shares in the last quarter. Farmers National Bank increased its stake in iShares iBonds Dec 2032 Term Corporate ETF by 3.4% in the 4th quarter. Farmers National Bank now owns 31,981 shares of the company’s stock valued at $816,000 after purchasing an additional 1,040 shares in the last quarter. Gradient Capital Advisors LLC raised its holdings in iShares iBonds Dec 2032 Term Corporate ETF by 3.6% during the fourth quarter. Gradient Capital Advisors LLC now owns 33,824 shares of the company’s stock worth $864,000 after purchasing an additional 1,187 shares during the last quarter. Finally, Ballast Advisors LLC acquired a new position in iShares iBonds Dec 2032 Term Corporate ETF during the first quarter worth $30,000.

iShares iBonds Dec 2032 Term Corporate ETF Company Profile

(Get Free Report)

The iShares iBonds Dec 2032 Term Corporate ETF (IBDX) 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 January 1, 2032 and December 15, 2032. IBDX was launched on Jun 28, 2022 and is managed by BlackRock.

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