iShares iBonds Dec 2033 Term Corporate ETF (NYSEARCA:IBDY) Shares Cross Below 200-Day Moving Average – Here’s Why

Shares of iShares iBonds Dec 2033 Term Corporate ETF (NYSEARCA:IBDY) passed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $25.66 and traded as low as $25.62. iShares iBonds Dec 2033 Term Corporate ETF shares last traded at $25.70, with a volume of 246,608 shares changing hands.

iShares iBonds Dec 2033 Term Corporate ETF Stock Up 0.3 %

The stock’s fifty day moving average price is $25.81 and its 200-day moving average price is $25.66.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Flow Traders U.S. LLC acquired a new position in iShares iBonds Dec 2033 Term Corporate ETF in the 3rd quarter valued at about $1,487,000. Captrust Financial Advisors grew its stake in iShares iBonds Dec 2033 Term Corporate ETF by 7.1% in the 3rd quarter. Captrust Financial Advisors now owns 27,888 shares of the company’s stock valued at $736,000 after buying an additional 1,840 shares during the last quarter. Arrow Financial Corp grew its stake in iShares iBonds Dec 2033 Term Corporate ETF by 6.4% in the 3rd quarter. Arrow Financial Corp now owns 546,730 shares of the company’s stock valued at $14,434,000 after buying an additional 32,876 shares during the last quarter. Montecito Bank & Trust grew its stake in iShares iBonds Dec 2033 Term Corporate ETF by 53.0% in the 3rd quarter. Montecito Bank & Trust now owns 27,155 shares of the company’s stock valued at $717,000 after buying an additional 9,412 shares during the last quarter. Finally, First Interstate Bank grew its stake in iShares iBonds Dec 2033 Term Corporate ETF by 1.7% in the 3rd quarter. First Interstate Bank now owns 2,023,694 shares of the company’s stock valued at $53,426,000 after buying an additional 33,976 shares during the last quarter.

iShares iBonds Dec 2033 Term Corporate ETF Company Profile

The iShares iBonds Dec 2033 Term Corporate ETF (IBDY) 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, 2033, and December 15, 2033. IBDY was launched on Jun 21, 2023 and is managed by BlackRock.