iShares iBonds Dec 2024 Term Corporate ETF (NYSEARCA:IBDP) Sets New 12-Month High – Here’s What Happened

iShares iBonds Dec 2024 Term Corporate ETF (NYSEARCA:IBDP) hit a new 52-week high during mid-day trading on Friday . The company traded as high as $25.21 and last traded at $25.20, with a volume of 19203 shares trading hands. The stock had previously closed at $25.19.

iShares iBonds Dec 2024 Term Corporate ETF Stock Up 0.0 %

The firm’s 50 day simple moving average is $25.15 and its 200 day simple moving average is $25.10.

Institutional Investors Weigh In On iShares iBonds Dec 2024 Term Corporate ETF

Hedge funds have recently made changes to their positions in the company. PSI Advisors LLC grew its holdings in iShares iBonds Dec 2024 Term Corporate ETF by 4.7% during the 2nd quarter. PSI Advisors LLC now owns 124,987 shares of the company’s stock valued at $3,141,000 after buying an additional 5,625 shares in the last quarter. GAMMA Investing LLC grew its holdings in shares of iShares iBonds Dec 2024 Term Corporate ETF by 86.4% in the second quarter. GAMMA Investing LLC now owns 39,909 shares of the company’s stock valued at $1,003,000 after purchasing an additional 18,498 shares in the last quarter. Dearborn Partners LLC increased its position in iShares iBonds Dec 2024 Term Corporate ETF by 8.6% in the first quarter. Dearborn Partners LLC now owns 21,121 shares of the company’s stock worth $529,000 after purchasing an additional 1,667 shares during the last quarter. Captrust Financial Advisors raised its stake in iShares iBonds Dec 2024 Term Corporate ETF by 8.7% during the first quarter. Captrust Financial Advisors now owns 911,313 shares of the company’s stock valued at $22,828,000 after purchasing an additional 72,972 shares in the last quarter. Finally, Godshalk Welsh Capital Management Inc. bought a new position in iShares iBonds Dec 2024 Term Corporate ETF during the second quarter valued at $209,000.

About iShares iBonds Dec 2024 Term Corporate ETF

The iShares iBonds Dec 2024 Term Corporate ETF (IBDP) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a global index of USD-denominated, investment-grade corporate bonds maturing between Dec 31, 2023 and Jan 1, 2025. IBDP was launched on Mar 11, 2015 and is managed by BlackRock.