iShares iBonds Dec 2024 Term Corporate ETF (NYSEARCA:IBDP) Sees Strong Trading Volume

Shares of iShares iBonds Dec 2024 Term Corporate ETF (NYSEARCA:IBDP) saw an uptick in trading volume on Thursday . 477,046 shares were traded during trading, a decline of 17% from the previous session’s volume of 575,293 shares.The stock last traded at $25.01 and had previously closed at $25.02.

iShares iBonds Dec 2024 Term Corporate ETF Stock Up 0.0 %

The firm has a 50 day moving average price of $25.00 and a 200 day moving average price of $24.89.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in the stock. Farmers & Merchants Investments Inc. bought a new position in iShares iBonds Dec 2024 Term Corporate ETF in the 3rd quarter worth $28,000. Grove Bank & Trust purchased a new stake in shares of iShares iBonds Dec 2024 Term Corporate ETF during the third quarter worth about $29,000. Farther Finance Advisors LLC grew its position in shares of iShares iBonds Dec 2024 Term Corporate ETF by 212.4% during the second quarter. Farther Finance Advisors LLC now owns 1,412 shares of the company’s stock worth $35,000 after purchasing an additional 960 shares in the last quarter. Migdal Insurance & Financial Holdings Ltd. bought a new stake in iShares iBonds Dec 2024 Term Corporate ETF during the 4th quarter valued at approximately $37,000. Finally, Sutton Wealth Advisors Inc. purchased a new position in iShares iBonds Dec 2024 Term Corporate ETF in the 3rd quarter worth approximately $39,000.

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.