iShares iBonds Dec 2031 Term Corporate ETF (NYSEARCA:IBDW) Sees Unusually-High Trading Volume

iShares iBonds Dec 2031 Term Corporate ETF (NYSEARCA:IBDW) shares saw unusually-strong trading volume on Thursday . Approximately 143,160 shares traded hands during mid-day trading, a decline of 35% from the previous session’s volume of 221,663 shares.The stock last traded at $21.00 and had previously closed at $21.03.

iShares iBonds Dec 2031 Term Corporate ETF Trading Down 0.0 %

The company has a 50-day moving average of $20.63 and a 200-day moving average of $20.37.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of IBDW. Farmers National Bank lifted its holdings in iShares iBonds Dec 2031 Term Corporate ETF by 8.9% during the 2nd quarter. Farmers National Bank now owns 33,468 shares of the company’s stock worth $679,000 after purchasing an additional 2,728 shares in the last quarter. Peloton Wealth Strategists increased its position in shares of iShares iBonds Dec 2031 Term Corporate ETF by 10.6% during the second quarter. Peloton Wealth Strategists now owns 120,000 shares of the company’s stock valued at $2,435,000 after buying an additional 11,500 shares during the period. Lyell Wealth Management LP lifted its holdings in shares of iShares iBonds Dec 2031 Term Corporate ETF by 42.9% in the second quarter. Lyell Wealth Management LP now owns 27,550 shares of the company’s stock worth $559,000 after buying an additional 8,275 shares in the last quarter. Parallel Advisors LLC boosted its position in shares of iShares iBonds Dec 2031 Term Corporate ETF by 7.6% in the second quarter. Parallel Advisors LLC now owns 135,011 shares of the company’s stock valued at $2,739,000 after acquiring an additional 9,539 shares during the period. Finally, Arrow Financial Corp grew its stake in iShares iBonds Dec 2031 Term Corporate ETF by 2.3% during the second quarter. Arrow Financial Corp now owns 670,910 shares of the company’s stock valued at $13,613,000 after acquiring an additional 14,950 shares in the last quarter.

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.