iShares iBonds Dec 2031 Term Corporate ETF (NYSEARCA:IBDW) Hits New 1-Year Low – Here’s What Happened

iShares iBonds Dec 2031 Term Corporate ETF (NYSEARCA:IBDW)’s stock price hit a new 52-week low during mid-day trading on Tuesday . The stock traded as low as $20.24 and last traded at $20.25, with a volume of 1033130 shares changing hands. The stock had previously closed at $20.28.

iShares iBonds Dec 2031 Term Corporate ETF Trading Down 0.0%

The company has a fifty day moving average of $20.58 and a 200-day moving average of $20.78.

Institutional Trading of iShares iBonds Dec 2031 Term Corporate ETF

Institutional investors have recently made changes to their positions in the company. Praetorian Wealth Management Inc. lifted its position in shares of iShares iBonds Dec 2031 Term Corporate ETF by 3.5% during the second quarter. Praetorian Wealth Management Inc. now owns 306,517 shares of the company’s stock valued at $6,388,000 after purchasing an additional 10,273 shares in the last quarter. Harbor Investment Advisory LLC boosted its holdings in iShares iBonds Dec 2031 Term Corporate ETF by 338.7% during the second quarter. Harbor Investment Advisory LLC now owns 26,240 shares of the company’s stock worth $547,000 after purchasing an additional 20,259 shares during the last quarter. Sarver Vrooman Wealth Advisors grew its position in iShares iBonds Dec 2031 Term Corporate ETF by 1.2% in the 2nd quarter. Sarver Vrooman Wealth Advisors now owns 2,220,499 shares of the company’s stock worth $46,109,000 after purchasing an additional 26,318 shares in the last quarter. Ballast Advisors LLC bought a new stake in iShares iBonds Dec 2031 Term Corporate ETF in the 1st quarter worth about $30,000. Finally, Farmers National Bank increased its stake in iShares iBonds Dec 2031 Term Corporate ETF by 1.3% in the 1st quarter. Farmers National Bank now owns 44,655 shares of the company’s stock valued at $935,000 after buying an additional 590 shares during the last quarter.

iShares iBonds Dec 2031 Term Corporate ETF Company Profile

The iShares iBonds Dec 2031 Term Corporate ETF (IBDW) 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, 2031 and December 15, 2031. IBDW was launched on Jun 22, 2021 and is managed by BlackRock.