iShares iBonds Dec 2033 Term Corporate ETF (NYSEARCA:IBDY) Shares Pass Below Two Hundred Day Moving Average – Here’s What Happened

iShares iBonds Dec 2033 Term Corporate ETF (NYSEARCA:IBDY) passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $25.66 and traded as low as $25.62. iShares iBonds Dec 2033 Term Corporate ETF shares last traded at $25.70, with a volume of 246,608 shares traded.

iShares iBonds Dec 2033 Term Corporate ETF Stock Up 0.5 %

The company has a 50 day moving average price of $25.80 and a 200 day moving average price of $25.66.

Hedge Funds Weigh In On iShares iBonds Dec 2033 Term Corporate ETF

Several large investors have recently modified their holdings of the business. First Interstate Bank lifted its stake in shares of iShares iBonds Dec 2033 Term Corporate ETF by 1.7% in the 3rd quarter. First Interstate Bank now owns 2,023,694 shares of the company’s stock valued at $53,426,000 after purchasing an additional 33,976 shares during the last quarter. Arrow Financial Corp raised its holdings in shares of iShares iBonds Dec 2033 Term Corporate ETF by 6.4% in the 3rd quarter. Arrow Financial Corp now owns 546,730 shares of the company’s stock valued at $14,434,000 after buying an additional 32,876 shares during the period. Parallel Advisors LLC raised its holdings in shares of iShares iBonds Dec 2033 Term Corporate ETF by 6.2% in the 2nd quarter. Parallel Advisors LLC now owns 95,713 shares of the company’s stock valued at $2,412,000 after buying an additional 5,579 shares during the period. Archford Capital Strategies LLC raised its holdings in shares of iShares iBonds Dec 2033 Term Corporate ETF by 7.3% in the 2nd quarter. Archford Capital Strategies LLC now owns 74,863 shares of the company’s stock valued at $1,887,000 after buying an additional 5,096 shares during the period. Finally, Flow Traders U.S. LLC purchased a new stake in shares of iShares iBonds Dec 2033 Term Corporate ETF in the 3rd quarter valued at $1,487,000.

iShares iBonds Dec 2033 Term Corporate ETF Company Profile

The iShares iBonds Dec 2033 Term Corporate ETF (IBDY) 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, 2033, and December 15, 2033. IBDY was launched on Jun 21, 2023 and is managed by BlackRock.