iShares iBonds Dec 2033 Term Corporate ETF (NYSEARCA:IBDY) Stock Price Down 0.5% – Should You Sell?

iShares iBonds Dec 2033 Term Corporate ETF (NYSEARCA:IBDY)’s share price were down 0.5% on Monday . The stock traded as low as $26.03 and last traded at $26.04. Approximately 270,519 shares traded hands during mid-day trading, an increase of 39% from the average daily volume of 195,025 shares. The stock had previously closed at $26.18.

iShares iBonds Dec 2033 Term Corporate ETF Stock Performance

The business has a 50 day simple moving average of $26.17 and a 200 day simple moving average of $26.13.

Hedge Funds Weigh In On iShares iBonds Dec 2033 Term Corporate ETF

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. Evergreen Private Wealth LLC increased its stake in iShares iBonds Dec 2033 Term Corporate ETF by 6.1% during the fourth quarter. Evergreen Private Wealth LLC now owns 133,371 shares of the company’s stock worth $3,486,000 after purchasing an additional 7,612 shares during the period. Fort Washington Investment Advisors Inc. OH grew its holdings in shares of iShares iBonds Dec 2033 Term Corporate ETF by 62.9% in the fourth quarter. Fort Washington Investment Advisors Inc. OH now owns 28,270 shares of the company’s stock valued at $739,000 after purchasing an additional 10,915 shares in the last quarter. Montecito Bank & Trust increased its stake in iShares iBonds Dec 2033 Term Corporate ETF by 5.9% during the 4th quarter. Montecito Bank & Trust now owns 25,598 shares of the company’s stock worth $669,000 after buying an additional 1,431 shares during the period. Adirondack Trust Co. lifted its holdings in iShares iBonds Dec 2033 Term Corporate ETF by 15.4% during the 4th quarter. Adirondack Trust Co. now owns 59,751 shares of the company’s stock worth $1,561,000 after buying an additional 7,986 shares in the last quarter. Finally, IFP Advisors Inc boosted its position in iShares iBonds Dec 2033 Term Corporate ETF by 3.1% in the 3rd quarter. IFP Advisors Inc now owns 23,875 shares of the company’s stock valued at $626,000 after buying an additional 719 shares during the period.

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.