iShares iBonds Dec 2030 Term Corporate ETF (NYSEARCA:IBDV) Hits New 1-Year High at $22.43

iShares iBonds Dec 2030 Term Corporate ETF (NYSEARCA:IBDV)’s share price reached a new 52-week high during trading on Wednesday . The company traded as high as $22.43 and last traded at $22.19, with a volume of 39877 shares. The stock had previously closed at $22.21.

iShares iBonds Dec 2030 Term Corporate ETF Stock Down 0.1 %

The company has a fifty day moving average of $21.80 and a 200 day moving average of $21.40.

Hedge Funds Weigh In On iShares iBonds Dec 2030 Term Corporate ETF

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Arrow Financial Corp lifted its position in shares of iShares iBonds Dec 2030 Term Corporate ETF by 3.1% in the second quarter. Arrow Financial Corp now owns 636,730 shares of the company’s stock valued at $13,537,000 after acquiring an additional 19,100 shares in the last quarter. Buffington Mohr McNeal lifted its position in shares of iShares iBonds Dec 2030 Term Corporate ETF by 1.1% in the second quarter. Buffington Mohr McNeal now owns 593,465 shares of the company’s stock worth $12,617,000 after buying an additional 6,256 shares in the last quarter. Cambridge Investment Research Advisors Inc. lifted its position in shares of iShares iBonds Dec 2030 Term Corporate ETF by 3,239.2% in the first quarter. Cambridge Investment Research Advisors Inc. now owns 461,242 shares of the company’s stock worth $9,871,000 after buying an additional 447,429 shares in the last quarter. Janney Montgomery Scott LLC lifted its position in shares of iShares iBonds Dec 2030 Term Corporate ETF by 6.6% in the first quarter. Janney Montgomery Scott LLC now owns 293,259 shares of the company’s stock worth $6,276,000 after buying an additional 18,183 shares in the last quarter. Finally, Lyell Wealth Management LP lifted its position in shares of iShares iBonds Dec 2030 Term Corporate ETF by 8.5% in the second quarter. Lyell Wealth Management LP now owns 236,645 shares of the company’s stock worth $5,031,000 after buying an additional 18,610 shares in the last quarter.

iShares iBonds Dec 2030 Term Corporate ETF Company Profile

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.