iShares iBonds Dec 2024 Term Corporate ETF (NYSEARCA:IBDP) Reaches New 1-Year High at $25.06

iShares iBonds Dec 2024 Term Corporate ETF (NYSEARCA:IBDP) reached a new 52-week high during trading on Tuesday . The company traded as high as $25.06 and last traded at $25.06, with a volume of 57044 shares trading hands. The stock had previously closed at $25.05.

iShares iBonds Dec 2024 Term Corporate ETF Price Performance

The business has a 50-day moving average of $25.01 and a 200 day moving average of $24.91.

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

Institutional investors and hedge funds have recently bought and sold shares of the stock. Farmers & Merchants Investments Inc. purchased a new stake in shares of iShares iBonds Dec 2024 Term Corporate ETF during the 3rd quarter valued at $28,000. Grove Bank & Trust purchased a new stake in iShares iBonds Dec 2024 Term Corporate ETF in the 3rd quarter worth about $29,000. Migdal Insurance & Financial Holdings Ltd. bought a new stake in iShares iBonds Dec 2024 Term Corporate ETF in the 4th quarter valued at about $37,000. Sutton Wealth Advisors Inc. bought a new stake in iShares iBonds Dec 2024 Term Corporate ETF in the 3rd quarter valued at about $39,000. Finally, Bogart Wealth LLC bought a new stake in iShares iBonds Dec 2024 Term Corporate ETF in the 3rd quarter valued at about $63,000.

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.