iShares iBonds Dec 2027 Term Corporate ETF (NYSEARCA:IBDS) Stock Price Up 0% – Here’s Why

iShares iBonds Dec 2027 Term Corporate ETF (NYSEARCA:IBDS)’s share price traded up 0% on Friday . The stock traded as high as $24.31 and last traded at $24.30. 700,023 shares traded hands during mid-day trading, a decline of 12% from the average session volume of 798,211 shares. The stock had previously closed at $24.29.

iShares iBonds Dec 2027 Term Corporate ETF Stock Performance

The stock has a 50 day moving average price of $24.29 and a 200-day moving average price of $24.27.

Institutional Trading of iShares iBonds Dec 2027 Term Corporate ETF

Several hedge funds and other institutional investors have recently bought and sold shares of IBDS. Atlantic Union Bankshares Corp bought a new position in shares of iShares iBonds Dec 2027 Term Corporate ETF in the second quarter worth approximately $6,172,000. Confluence Investment Management LLC boosted its position in iShares iBonds Dec 2027 Term Corporate ETF by 155.7% during the 3rd quarter. Confluence Investment Management LLC now owns 416,135 shares of the company’s stock valued at $10,129,000 after buying an additional 253,368 shares during the period. Rebalance LLC grew its holdings in iShares iBonds Dec 2027 Term Corporate ETF by 54.9% in the 3rd quarter. Rebalance LLC now owns 701,255 shares of the company’s stock worth $17,069,000 after acquiring an additional 248,527 shares during the last quarter. Ameriprise Financial Inc. grew its holdings in iShares iBonds Dec 2027 Term Corporate ETF by 18.7% in the 2nd quarter. Ameriprise Financial Inc. now owns 1,501,886 shares of the company’s stock worth $36,442,000 after acquiring an additional 236,150 shares during the last quarter. Finally, Captrust Financial Advisors increased its position in shares of iShares iBonds Dec 2027 Term Corporate ETF by 17.5% in the third quarter. Captrust Financial Advisors now owns 901,136 shares of the company’s stock valued at $21,934,000 after acquiring an additional 133,985 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.