iShares iBonds Dec 2028 Term Corporate ETF (NYSEARCA:IBDT) Sees Strong Trading Volume – Time to Buy?

iShares iBonds Dec 2028 Term Corporate ETF (NYSEARCA:IBDTGet Free Report) saw an uptick in trading volume on Tuesday . 1,166,303 shares were traded during trading, an increase of 234% from the previous session’s volume of 349,584 shares.The stock last traded at $25.02 and had previously closed at $25.08.

iShares iBonds Dec 2028 Term Corporate ETF Trading Down 0.1 %

The company has a 50 day moving average of $25.31 and a 200-day moving average of $25.05.

Institutional Trading of iShares iBonds Dec 2028 Term Corporate ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in IBDT. RVW Wealth LLC grew its position in shares of iShares iBonds Dec 2028 Term Corporate ETF by 12.8% during the second quarter. RVW Wealth LLC now owns 730,546 shares of the company’s stock worth $18,096,000 after acquiring an additional 82,835 shares during the last quarter. Arrow Financial Corp grew its position in iShares iBonds Dec 2028 Term Corporate ETF by 2.1% during the 3rd quarter. Arrow Financial Corp now owns 542,320 shares of the company’s stock worth $13,845,000 after purchasing an additional 10,972 shares during the last quarter. Lyell Wealth Management LP increased its stake in iShares iBonds Dec 2028 Term Corporate ETF by 17.7% in the third quarter. Lyell Wealth Management LP now owns 308,104 shares of the company’s stock valued at $7,866,000 after purchasing an additional 46,353 shares during the period. Captrust Financial Advisors raised its holdings in shares of iShares iBonds Dec 2028 Term Corporate ETF by 9.0% in the third quarter. Captrust Financial Advisors now owns 299,491 shares of the company’s stock valued at $7,646,000 after buying an additional 24,852 shares during the last quarter. Finally, Peloton Wealth Strategists boosted its stake in shares of iShares iBonds Dec 2028 Term Corporate ETF by 4.5% during the second quarter. Peloton Wealth Strategists now owns 269,500 shares of the company’s stock worth $6,676,000 after buying an additional 11,500 shares during the period.

About iShares iBonds Dec 2028 Term Corporate ETF

(Get Free Report)

The iShares iBonds Dec 2028 Term Corporate ETF (IBDT) 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, 2028. IBDT was launched on Sep 18, 2018 and is managed by BlackRock.

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