iShares iBonds Dec 2030 Term Corporate ETF (NYSEARCA:IBDV) Share Price Pass Below 200-Day Moving Average – Should You Sell?

iShares iBonds Dec 2030 Term Corporate ETF (NYSEARCA:IBDV)’s stock price crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $21.63 and traded as low as $21.61. iShares iBonds Dec 2030 Term Corporate ETF shares last traded at $21.66, with a volume of 247,592 shares changing hands.

iShares iBonds Dec 2030 Term Corporate ETF Stock Up 0.3 %

The business’s 50 day moving average price is $21.78 and its 200-day moving average price is $21.63.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of IBDV. Farther Finance Advisors LLC raised its position in iShares iBonds Dec 2030 Term Corporate ETF by 12,188.6% in the 3rd quarter. Farther Finance Advisors LLC now owns 4,301 shares of the company’s stock worth $95,000 after purchasing an additional 4,266 shares during the last quarter. Bogart Wealth LLC raised its position in iShares iBonds Dec 2030 Term Corporate ETF by 15.9% in the 3rd quarter. Bogart Wealth LLC now owns 6,609 shares of the company’s stock worth $147,000 after purchasing an additional 909 shares during the last quarter. Spinnaker Trust bought a new position in iShares iBonds Dec 2030 Term Corporate ETF in the 3rd quarter worth approximately $232,000. Newman Dignan & Sheerar Inc. raised its position in iShares iBonds Dec 2030 Term Corporate ETF by 5.7% in the 2nd quarter. Newman Dignan & Sheerar Inc. now owns 14,062 shares of the company’s stock worth $299,000 after purchasing an additional 759 shares during the last quarter. Finally, Comerica Bank raised its position in iShares iBonds Dec 2030 Term Corporate ETF by 100.0% in the 1st quarter. Comerica Bank now owns 19,042 shares of the company’s stock worth $407,000 after purchasing an additional 9,523 shares during the last quarter.

About iShares iBonds Dec 2030 Term Corporate ETF

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.