iShares iBonds Dec 2027 Term Corporate ETF (NYSEARCA:IBDS) Sees Unusually-High Trading Volume – Time to Buy?

iShares iBonds Dec 2027 Term Corporate ETF (NYSEARCA:IBDS) shares saw unusually-strong trading volume on Friday . Approximately 1,875,531 shares changed hands during trading, an increase of 325% from the previous session’s volume of 441,450 shares.The stock last traded at $23.91 and had previously closed at $23.88.

iShares iBonds Dec 2027 Term Corporate ETF Stock Performance

The business has a 50 day moving average of $24.07 and a 200-day moving average of $24.04.

Institutional Investors Weigh In On iShares iBonds Dec 2027 Term Corporate ETF

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. Captrust Financial Advisors raised its position in iShares iBonds Dec 2027 Term Corporate ETF by 36.4% during the third quarter. Captrust Financial Advisors now owns 414,425 shares of the company’s stock worth $10,100,000 after acquiring an additional 110,597 shares in the last quarter. Sonata Capital Group Inc. bought a new position in iShares iBonds Dec 2027 Term Corporate ETF during the third quarter worth about $1,678,000. GAMMA Investing LLC increased its position in iShares iBonds Dec 2027 Term Corporate ETF by 154.1% during the third quarter. GAMMA Investing LLC now owns 113,377 shares of the company’s stock worth $2,763,000 after buying an additional 68,752 shares during the last quarter. Spinnaker Trust raised its stake in iShares iBonds Dec 2027 Term Corporate ETF by 28.4% in the second quarter. Spinnaker Trust now owns 224,361 shares of the company’s stock valued at $5,324,000 after buying an additional 49,596 shares during the period. Finally, Lyell Wealth Management LP boosted its stake in shares of iShares iBonds Dec 2027 Term Corporate ETF by 11.8% during the 3rd quarter. Lyell Wealth Management LP now owns 346,431 shares of the company’s stock worth $8,443,000 after acquiring an additional 36,563 shares during the period.

iShares iBonds Dec 2027 Term Corporate ETF Company Profile

The iShares iBonds Dec 2027 Term Corporate ETF (IBDS) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a Bloomberg global index of USD-denominated, investment-grade corporate bonds maturing between December 31, 2026 and December 16, 2027. IBDS was launched on Sep 12, 2017 and is managed by BlackRock.