iShares iBonds Dec 2031 Term Corporate ETF (NYSEARCA:IBDW) Short Interest Update
by Mitch Edgeman · The Markets DailyiShares iBonds Dec 2031 Term Corporate ETF (NYSEARCA:IBDW – Get Free Report) was the recipient of a large growth in short interest during the month of September. As of September 15th, there was short interest totaling 368,488 shares, a growth of 154.9% from the August 31st total of 144,588 shares. Approximately 0.3% of the shares of the stock are sold short. Based on an average trading volume of 672,626 shares, the days-to-cover ratio is presently 0.5 days.
Hedge Funds Weigh In On iShares iBonds Dec 2031 Term Corporate ETF
Institutional investors have recently bought and sold shares of the business. Sarver Vrooman Wealth Advisors increased its holdings in shares of iShares iBonds Dec 2031 Term Corporate ETF by 6.3% in the 4th quarter. Sarver Vrooman Wealth Advisors now owns 2,316,263 shares of the company’s stock worth $48,989,000 after buying an additional 136,491 shares during the last quarter. Lyell Wealth Management LP increased its position in shares of iShares iBonds Dec 2031 Term Corporate ETF by 16.1% during the 4th quarter. Lyell Wealth Management LP now owns 332,277 shares of the company’s stock valued at $7,028,000 after purchasing an additional 46,181 shares during the last quarter. Peloton Wealth Strategists raised its holdings in iShares iBonds Dec 2031 Term Corporate ETF by 22.3% during the 4th quarter. Peloton Wealth Strategists now owns 246,350 shares of the company’s stock valued at $5,210,000 after buying an additional 45,000 shares during the period. Godshalk Welsh Capital Management Inc. raised its holdings in iShares iBonds Dec 2031 Term Corporate ETF by 225.7% during the 1st quarter. Godshalk Welsh Capital Management Inc. now owns 62,050 shares of the company’s stock valued at $1,299,000 after buying an additional 43,000 shares during the period. Finally, Bank of New York Mellon Corp bought a new stake in iShares iBonds Dec 2031 Term Corporate ETF in the first quarter worth $767,000.
iShares iBonds Dec 2031 Term Corporate ETF Trading Up 0.1%
Shares of IBDW stock traded up $0.03 on Friday, reaching $20.13. The company’s stock had a trading volume of 683,703 shares, compared to its average volume of 575,242. The stock’s fifty day simple moving average is $20.51 and its 200-day simple moving average is $20.73. iShares iBonds Dec 2031 Term Corporate ETF has a 1 year low of $20.08 and a 1 year high of $21.46.
About iShares iBonds Dec 2031 Term Corporate ETF
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.