Beaumont Financial Advisors LLC Invests $1.20 Million in iShares iBonds Dec 2027 Term Corporate ETF $IBDS

Beaumont Financial Advisors LLC bought a new stake in iShares iBonds Dec 2027 Term Corporate ETF (NYSEARCA:IBDS) in the first quarter, Holdings Channel.com reports. The firm bought 49,557 shares of the company’s stock, valued at approximately $1,201,000.

Several other hedge funds and other institutional investors have also recently modified their holdings of the business. JPMorgan Chase & Co. grew its stake in iShares iBonds Dec 2027 Term Corporate ETF by 29.1% during the 2nd quarter. JPMorgan Chase & Co. now owns 140,976 shares of the company’s stock valued at $3,422,000 after acquiring an additional 31,756 shares in the last quarter. Flow Traders U.S. LLC purchased a new position in iShares iBonds Dec 2027 Term Corporate ETF in the 2nd quarter worth approximately $266,000. Ameriprise Financial Inc. boosted its holdings in shares of iShares iBonds Dec 2027 Term Corporate ETF by 18.7% during the 2nd quarter. Ameriprise Financial Inc. now owns 1,501,886 shares of the company’s stock worth $36,442,000 after purchasing an additional 236,150 shares during the last quarter. Captrust Financial Advisors boosted its holdings in shares of iShares iBonds Dec 2027 Term Corporate ETF by 8.7% during the 2nd quarter. Captrust Financial Advisors now owns 767,151 shares of the company’s stock worth $18,619,000 after purchasing an additional 61,365 shares during the last quarter. Finally, Integrated Wealth Concepts LLC grew its position in shares of iShares iBonds Dec 2027 Term Corporate ETF by 13.2% in the third quarter. Integrated Wealth Concepts LLC now owns 219,945 shares of the company’s stock valued at $5,353,000 after purchasing an additional 25,708 shares in the last quarter.

iShares iBonds Dec 2027 Term Corporate ETF Stock Up 0.0%

NYSEARCA:IBDS opened at $24.17 on Friday. iShares iBonds Dec 2027 Term Corporate ETF has a one year low of $24.11 and a one year high of $24.38. The stock has a 50 day moving average price of $24.18 and a 200 day moving average price of $24.23.

iShares iBonds Dec 2027 Term Corporate ETF 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.