iShares iBonds Dec 2031 Term Corporate ETF (NYSEARCA:IBDW) Sees Large Volume Increase

iShares iBonds Dec 2031 Term Corporate ETF (NYSEARCA:IBDW) saw an uptick in trading volume on Tuesday . 250,177 shares traded hands during trading, an increase of 13% from the previous session’s volume of 221,861 shares.The stock last traded at $20.51 and had previously closed at $20.50.

iShares iBonds Dec 2031 Term Corporate ETF Stock Performance

The stock’s fifty day moving average is $20.35 and its two-hundred day moving average is $20.32.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in the company. Private Trust Co. NA purchased a new stake in iShares iBonds Dec 2031 Term Corporate ETF in the fourth quarter valued at approximately $27,000. Roble Belko & Company Inc purchased a new position in shares of iShares iBonds Dec 2031 Term Corporate ETF in the 4th quarter valued at approximately $155,000. Newman Dignan & Sheerar Inc. bought a new stake in shares of iShares iBonds Dec 2031 Term Corporate ETF during the 2nd quarter valued at $217,000. Lyell Wealth Management LP bought a new stake in shares of iShares iBonds Dec 2031 Term Corporate ETF in the 4th quarter worth approximately $264,000. Finally, Montecito Bank & Trust purchased a new stake in shares of iShares iBonds Dec 2031 Term Corporate ETF in the first quarter worth $306,000.

iShares iBonds Dec 2031 Term Corporate ETF Company Profile

The iShares iBonds Dec 2031 Term Corporate ETF (IBDW) 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, 2031 and December 15, 2031. IBDW was launched on Jun 22, 2021 and is managed by BlackRock.