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) crossed 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 changing hands.

iShares iBonds Dec 2033 Term Corporate ETF Price Performance

The business has a 50-day moving average of $25.80 and a 200-day moving average of $25.66.

Institutional Trading of iShares iBonds Dec 2033 Term Corporate ETF

Large investors have recently made changes to their positions in the company. First PREMIER Bank acquired a new stake in iShares iBonds Dec 2033 Term Corporate ETF during the 3rd quarter worth approximately $46,000. Adirondack Trust Co. lifted its position in iShares iBonds Dec 2033 Term Corporate ETF by 78.8% during the 2nd quarter. Adirondack Trust Co. now owns 5,868 shares of the company’s stock worth $148,000 after acquiring an additional 2,586 shares during the period. Comerica Bank lifted its position in iShares iBonds Dec 2033 Term Corporate ETF by 84.1% during the 1st quarter. Comerica Bank now owns 7,099 shares of the company’s stock worth $181,000 after acquiring an additional 3,242 shares during the period. Montecito Bank & Trust lifted its position in iShares iBonds Dec 2033 Term Corporate ETF by 51.1% during the 2nd quarter. Montecito Bank & Trust now owns 17,743 shares of the company’s stock worth $447,000 after acquiring an additional 6,001 shares during the period. Finally, Captrust Financial Advisors lifted its position in iShares iBonds Dec 2033 Term Corporate ETF by 7.1% during the 3rd quarter. Captrust Financial Advisors now owns 27,888 shares of the company’s stock worth $736,000 after acquiring an additional 1,840 shares during the period.

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.