iShares iBonds Dec 2030 Term Corporate ETF (NYSEARCA:IBDV) Sees Large Volume Increase

iShares iBonds Dec 2030 Term Corporate ETF (NYSEARCA:IBDV) shares saw strong trading volume on Wednesday . 621,760 shares traded hands during trading, an increase of 148% from the previous session’s volume of 250,666 shares.The stock last traded at $21.25 and had previously closed at $21.34.

iShares iBonds Dec 2030 Term Corporate ETF Stock Performance

The stock has a 50 day simple moving average of $21.14 and a two-hundred day simple moving average of $21.28.

Hedge Funds Weigh In On iShares iBonds Dec 2030 Term Corporate ETF

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Arrow Financial Corp lifted its stake in shares of iShares iBonds Dec 2030 Term Corporate ETF by 3.7% in the 1st quarter. Arrow Financial Corp now owns 617,630 shares of the company’s stock valued at $13,217,000 after purchasing an additional 22,036 shares during the last quarter. Buffington Mohr McNeal lifted its stake in shares of iShares iBonds Dec 2030 Term Corporate ETF by 11.4% in the 1st quarter. Buffington Mohr McNeal now owns 587,209 shares of the company’s stock valued at $12,566,000 after purchasing an additional 60,049 shares during the last quarter. Cambridge Investment Research Advisors Inc. lifted its stake in shares of iShares iBonds Dec 2030 Term Corporate ETF by 3,239.2% in the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 461,242 shares of the company’s stock valued at $9,871,000 after purchasing an additional 447,429 shares during the last quarter. Janney Montgomery Scott LLC lifted its stake in shares of iShares iBonds Dec 2030 Term Corporate ETF by 6.6% in the 1st quarter. Janney Montgomery Scott LLC now owns 293,259 shares of the company’s stock valued at $6,276,000 after purchasing an additional 18,183 shares during the last quarter. Finally, Oak Family Advisors LLC lifted its stake in shares of iShares iBonds Dec 2030 Term Corporate ETF by 8.8% in the 1st quarter. Oak Family Advisors LLC now owns 207,761 shares of the company’s stock valued at $4,446,000 after purchasing an additional 16,847 shares during the last quarter.

About iShares iBonds Dec 2030 Term Corporate ETF

The iShares iBonds Dec 2030 Term Corporate ETF (IBDV) 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, 2029. IBDV was launched on Jun 23, 2020 and is managed by BlackRock.