iShares iBonds Dec 2030 Term Corporate ETF (NYSEARCA:IBDV) Sees Unusually-High Trading Volume – Time to Buy?

iShares iBonds Dec 2030 Term Corporate ETF (NYSEARCA:IBDV) saw an uptick in trading volume on Monday . 759,609 shares changed hands during trading, an increase of 161% from the previous session’s volume of 291,377 shares.The stock last traded at $21.27 and had previously closed at $21.31.

iShares iBonds Dec 2030 Term Corporate ETF Trading Up 0.1 %

The business has a 50-day moving average of $21.58 and a 200-day moving average of $21.68.

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

A number of hedge funds have recently made changes to their positions in the stock. Bogart Wealth LLC boosted its holdings in iShares iBonds Dec 2030 Term Corporate ETF by 15.9% during the 3rd quarter. Bogart Wealth LLC now owns 6,609 shares of the company’s stock valued at $147,000 after acquiring an additional 909 shares during the period. Farmers National Bank boosted its stake in shares of iShares iBonds Dec 2030 Term Corporate ETF by 3.5% in the second quarter. Farmers National Bank now owns 42,982 shares of the company’s stock valued at $914,000 after purchasing an additional 1,455 shares during the period. Captrust Financial Advisors boosted its stake in shares of iShares iBonds Dec 2030 Term Corporate ETF by 8.9% in the third quarter. Captrust Financial Advisors now owns 39,725 shares of the company’s stock valued at $881,000 after purchasing an additional 3,243 shares during the period. Farther Finance Advisors LLC grew its holdings in shares of iShares iBonds Dec 2030 Term Corporate ETF by 12,188.6% in the third quarter. Farther Finance Advisors LLC now owns 4,301 shares of the company’s stock valued at $95,000 after purchasing an additional 4,266 shares in the last quarter. Finally, Arrow Financial Corp increased its stake in iShares iBonds Dec 2030 Term Corporate ETF by 1.3% during the 3rd quarter. Arrow Financial Corp now owns 645,246 shares of the company’s stock worth $14,305,000 after buying an additional 8,516 shares during the period.

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.