iShares iBonds Dec 2027 Term Corporate ETF (NYSEARCA:IBDS) Sets New 12-Month Low – Here’s What Happened

iShares iBonds Dec 2027 Term Corporate ETF (NYSEARCA:IBDS) shares reached a new 52-week low on Monday. The company traded as low as $23.97 and last traded at $24.0850, with a volume of 14,626 shares. The stock had previously closed at $24.16.

iShares iBonds Dec 2027 Term Corporate ETF Trading Down 0.3%

The firm’s 50-day moving average price is $24.13 and its two-hundred day moving average price is $24.19.

Hedge Funds Weigh In On iShares iBonds Dec 2027 Term Corporate ETF

Institutional investors have recently bought and sold shares of the business. RVW Wealth LLC lifted its position in shares of iShares iBonds Dec 2027 Term Corporate ETF by 4.5% during the second quarter. RVW Wealth LLC now owns 1,272,324 shares of the company’s stock worth $30,816,000 after purchasing an additional 54,404 shares in the last quarter. Rebalance LLC lifted its stake in shares of iShares iBonds Dec 2027 Term Corporate ETF by 1.0% during the third quarter. Rebalance LLC now owns 721,187 shares of the company’s stock valued at $17,395,000 after acquiring an additional 6,897 shares during the period. Lyell Wealth Management LP boosted its holdings in iShares iBonds Dec 2027 Term Corporate ETF by 17.4% in the third quarter. Lyell Wealth Management LP now owns 695,820 shares of the company’s stock valued at $16,783,000 after acquiring an additional 103,007 shares during the last quarter. Praetorian Wealth Management Inc. increased its position in iShares iBonds Dec 2027 Term Corporate ETF by 3.4% in the third quarter. Praetorian Wealth Management Inc. now owns 294,366 shares of the company’s stock worth $7,100,000 after purchasing an additional 9,657 shares during the period. Finally, Parallel Advisors LLC raised its holdings in iShares iBonds Dec 2027 Term Corporate ETF by 8.7% during the 1st quarter. Parallel Advisors LLC now owns 283,652 shares of the company’s stock worth $6,876,000 after purchasing an additional 22,629 shares during the last quarter.

About iShares iBonds Dec 2027 Term Corporate ETF

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.