iShares iBonds Dec 2028 Term Corporate ETF (NYSEARCA:IBDT) Sets New 52-Week Low – Here’s What Happened

iShares iBonds Dec 2028 Term Corporate ETF (NYSEARCA:IBDT) shares hit a new 52-week low during mid-day trading on Wednesday . The stock traded as low as $25.14 and last traded at $25.16, with a volume of 25575 shares. The stock had previously closed at $25.25.

iShares iBonds Dec 2028 Term Corporate ETF Price Performance

The business’s fifty day moving average is $25.23 and its two-hundred day moving average is $25.35.

Institutional Trading of iShares iBonds Dec 2028 Term Corporate ETF

Large investors have recently made changes to their positions in the business. Sunbelt Securities Inc. bought a new position in shares of iShares iBonds Dec 2028 Term Corporate ETF in the 3rd quarter valued at about $26,000. Burkett Financial Services LLC purchased a new stake in iShares iBonds Dec 2028 Term Corporate ETF during the fourth quarter valued at approximately $51,000. BOKF NA purchased a new stake in iShares iBonds Dec 2028 Term Corporate ETF during the fourth quarter valued at approximately $108,000. Ascentis Independent Advisors bought a new stake in shares of iShares iBonds Dec 2028 Term Corporate ETF in the 1st quarter valued at approximately $124,000. Finally, Flagship Harbor Advisors LLC bought a new stake in shares of iShares iBonds Dec 2028 Term Corporate ETF in the 4th quarter valued at approximately $131,000.

iShares iBonds Dec 2028 Term Corporate ETF Company Profile

The iShares iBonds Dec 2028 Term Corporate ETF (IBDT) 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, 2028. IBDT was launched on Sep 18, 2018 and is managed by BlackRock.