iShares iBonds Dec 2030 Term Corporate ETF (NYSEARCA:IBDV) Sees Large Volume Increase – What’s Next?

iShares iBonds Dec 2030 Term Corporate ETF (NYSEARCA:IBDV) shares saw an uptick in trading volume on Wednesday . 1,376,370 shares changed hands during mid-day trading, an increase of 141% from the previous session’s volume of 571,515 shares.The stock last traded at $21.29 and had previously closed at $21.27.

iShares iBonds Dec 2030 Term Corporate ETF Stock Up 0.1 %

The stock’s 50-day moving average price is $21.50 and its 200 day moving average price is $21.69.

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

Several hedge funds and other institutional investors have recently made changes to their positions in IBDV. Farther Finance Advisors LLC raised its stake 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 valued at $95,000 after acquiring an additional 4,266 shares during the period. Bogart Wealth LLC boosted its holdings in shares of 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 worth $147,000 after buying an additional 909 shares during the period. Spinnaker Trust bought a new position in iShares iBonds Dec 2030 Term Corporate ETF in the 3rd quarter valued at about $232,000. Bank of New York Mellon Corp lifted its position in iShares iBonds Dec 2030 Term Corporate ETF by 79.5% during the second quarter. Bank of New York Mellon Corp now owns 19,414 shares of the company’s stock worth $413,000 after acquiring an additional 8,597 shares during the last quarter. Finally, Bank of New Hampshire grew its position in shares of iShares iBonds Dec 2030 Term Corporate ETF by 137.5% in the fourth quarter. Bank of New Hampshire now owns 32,605 shares of the company’s stock valued at $696,000 after purchasing an additional 18,875 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.