iShares iBonds Dec 2028 Term Corporate ETF (NYSEARCA:IBDT) Sees Strong Trading Volume – Here’s What Happened

Shares of iShares iBonds Dec 2028 Term Corporate ETF (NYSEARCA:IBDT) saw strong trading volume on Thursday. Approximately 1,563,267 shares changed hands during trading, an increase of 134% from the previous session’s volume of 667,959 shares. The stock last traded at $24.9150 and had previously closed at $24.95.

iShares iBonds Dec 2028 Term Corporate ETF Stock Down 0.1%

The business has a fifty day moving average price of $25.08 and a 200-day moving average price of $25.18.

Institutional Trading of iShares iBonds Dec 2028 Term Corporate ETF

Several hedge funds and other institutional investors have recently bought and sold shares of the company. MTM Investment Management LLC increased its stake in iShares iBonds Dec 2028 Term Corporate ETF by 70.5% in the 1st quarter. MTM Investment Management LLC now owns 51,949 shares of the company’s stock worth $1,316,000 after purchasing an additional 21,484 shares during the period. Lyell Wealth Management LP increased its position in shares of iShares iBonds Dec 2028 Term Corporate ETF by 18.8% during the fourth quarter. Lyell Wealth Management LP now owns 479,315 shares of the company’s stock valued at $12,201,000 after buying an additional 75,950 shares during the period. RVW Wealth LLC lifted its stake in shares of iShares iBonds Dec 2028 Term Corporate ETF by 4.1% in the 2nd quarter. RVW Wealth LLC now owns 1,206,680 shares of the company’s stock valued at $30,469,000 after purchasing an additional 47,454 shares during the period. Roble Belko & Company Inc lifted its position in iShares iBonds Dec 2028 Term Corporate ETF by 244.6% during the first quarter. Roble Belko & Company Inc now owns 92,430 shares of the company’s stock valued at $2,341,000 after buying an additional 65,608 shares during the period. Finally, Heartland Bank & Trust Co grew its holdings in iShares iBonds Dec 2028 Term Corporate ETF by 14.7% in the first quarter. Heartland Bank & Trust Co now owns 213,474 shares of the company’s stock worth $5,407,000 after purchasing an additional 27,412 shares during the period.

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.