iShares iBonds Dec 2030 Term Corporate ETF (NYSEARCA:IBDV) Sees Strong Trading Volume – Still a Buy?

Posted by Lauren Steadman on Jan 11th, 2025

iShares iBonds Dec 2030 Term Corporate ETF (NYSEARCA:IBDV – Get Free Report) saw strong trading volume on Wednesday . 1,376,370 shares changed hands during trading, an increase of 141% from the previous session’s volume of 571,515 shares.The stock last traded at $21.29 and had previously closed at $21.27.

iShares iBonds Dec 2030 Term Corporate ETF Stock Performance

The stock’s 50-day moving average is $21.49 and its 200-day moving average is $21.68.

Institutional Trading of iShares iBonds Dec 2030 Term Corporate ETF

A number of hedge funds have recently added to or reduced their stakes in IBDV. Farther Finance Advisors LLC increased its stake in shares of iShares iBonds Dec 2030 Term Corporate ETF by 12,188.6% during the 3rd quarter. Farther Finance Advisors LLC now owns 4,301 shares of the company’s stock valued at $95,000 after acquiring an additional 4,266 shares during the last quarter. Bogart Wealth LLC grew its holdings in iShares iBonds Dec 2030 Term Corporate ETF by 15.9% in the third quarter. Bogart Wealth LLC now owns 6,609 shares of the company’s stock valued at $147,000 after purchasing an additional 909 shares during the period. Spinnaker Trust purchased a new stake in iShares iBonds Dec 2030 Term Corporate ETF in the third quarter valued at approximately $232,000. Bank of New York Mellon Corp increased its position in iShares iBonds Dec 2030 Term Corporate ETF by 79.5% during the second quarter. Bank of New York Mellon Corp now owns 19,414 shares of the company’s stock worth $413,000 after purchasing an additional 8,597 shares during the last quarter. Finally, Bank of New Hampshire raised its stake in iShares iBonds Dec 2030 Term Corporate ETF by 137.5% during the fourth quarter. Bank of New Hampshire now owns 32,605 shares of the company’s stock worth $696,000 after purchasing an additional 18,875 shares during the period.

About iShares iBonds Dec 2030 Term Corporate ETF

(Get Free Report)

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.