iShares iBonds Dec 2030 Term Corporate ETF (NYSEARCA:IBDV) Hits New 12-Month High at $22.33

Shares of iShares iBonds Dec 2030 Term Corporate ETF (NYSEARCA:IBDV) hit a new 52-week high during trading on Monday . The company traded as high as $22.33 and last traded at $22.10, with a volume of 51994 shares traded. The stock had previously closed at $22.09.

iShares iBonds Dec 2030 Term Corporate ETF Stock Up 0.2 %

The firm’s fifty day simple moving average is $21.73 and its two-hundred day simple moving average is $21.37.

Institutional Investors Weigh In On iShares iBonds Dec 2030 Term Corporate ETF

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Cambridge Investment Research Advisors Inc. increased its holdings in iShares iBonds Dec 2030 Term Corporate ETF by 3,239.2% in the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 461,242 shares of the company’s stock valued at $9,871,000 after purchasing an additional 447,429 shares during the last quarter. Parallel Advisors LLC acquired a new stake in shares of iShares iBonds Dec 2030 Term Corporate ETF in the fourth quarter valued at $1,485,000. Buffington Mohr McNeal raised its holdings in shares of iShares iBonds Dec 2030 Term Corporate ETF by 11.4% in the 1st quarter. Buffington Mohr McNeal now owns 587,209 shares of the company’s stock valued at $12,566,000 after buying an additional 60,049 shares during the period. Arrow Financial Corp lifted its stake in iShares iBonds Dec 2030 Term Corporate ETF by 9.9% during the 4th quarter. Arrow Financial Corp now owns 595,594 shares of the company’s stock worth $12,889,000 after acquiring an additional 53,567 shares in the last quarter. Finally, Praetorian Wealth Management Inc. boosted its holdings in iShares iBonds Dec 2030 Term Corporate ETF by 55.1% during the 1st quarter. Praetorian Wealth Management Inc. now owns 124,935 shares of the company’s stock valued at $2,674,000 after acquiring an additional 44,360 shares during the period.

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.