iShares iBonds Dec 2031 Term Corporate ETF (NYSEARCA:IBDW) Sees Unusually-High Trading Volume

iShares iBonds Dec 2031 Term Corporate ETF (NYSEARCA:IBDW) shares saw unusually-strong trading volume on Monday . Approximately 535,762 shares changed hands during trading, an increase of 134% from the previous session’s volume of 229,367 shares.The stock last traded at $20.41 and had previously closed at $20.41.

iShares iBonds Dec 2031 Term Corporate ETF Trading Down 0.4 %

The stock’s fifty day moving average price is $20.19 and its 200-day moving average price is $20.34.

Institutional Trading of iShares iBonds Dec 2031 Term Corporate ETF

Institutional investors have recently added to or reduced their stakes in the stock. Bank of New Hampshire increased its holdings in iShares iBonds Dec 2031 Term Corporate ETF by 15.5% in the 4th quarter. Bank of New Hampshire now owns 24,900 shares of the company’s stock valued at $517,000 after purchasing an additional 3,350 shares during the last quarter. Arrow Financial Corp increased its holdings in iShares iBonds Dec 2031 Term Corporate ETF by 9.8% in the 4th quarter. Arrow Financial Corp now owns 634,199 shares of the company’s stock valued at $13,172,000 after purchasing an additional 56,436 shares during the last quarter. Buffington Mohr McNeal increased its holdings in iShares iBonds Dec 2031 Term Corporate ETF by 129.5% in the 4th quarter. Buffington Mohr McNeal now owns 543,518 shares of the company’s stock valued at $11,289,000 after purchasing an additional 306,711 shares during the last quarter. Janney Montgomery Scott LLC boosted its position in iShares iBonds Dec 2031 Term Corporate ETF by 11.8% in the 4th quarter. Janney Montgomery Scott LLC now owns 250,757 shares of the company’s stock valued at $5,208,000 after buying an additional 26,473 shares during the period. Finally, Private Trust Co. NA purchased a new position in iShares iBonds Dec 2031 Term Corporate ETF in the 4th quarter valued at approximately $27,000.

About iShares iBonds Dec 2031 Term Corporate ETF

The iShares iBonds Dec 2031 Term Corporate ETF (IBDW) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a Bloomberg index composed of USD-denominated, investment-grade corporate bonds maturing between January 1, 2031 and December 15, 2031. IBDW was launched on Jun 22, 2021 and is managed by BlackRock.