iShares iBonds Dec 2027 Term Corporate ETF (NYSEARCA:IBDS) Sets New 1-Year High at $24.68

iShares iBonds Dec 2027 Term Corporate ETF (NYSEARCA:IBDS)’s share price hit a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $24.68 and last traded at $24.36, with a volume of 21131 shares. The stock had previously closed at $24.38.

iShares iBonds Dec 2027 Term Corporate ETF Price Performance

The firm’s fifty day simple moving average is $24.11 and its 200 day simple moving average is $23.83.

Institutional Trading of iShares iBonds Dec 2027 Term Corporate ETF

A number of hedge funds have recently modified their holdings of IBDS. RVW Wealth LLC raised its position in shares of iShares iBonds Dec 2027 Term Corporate ETF by 12.0% in the second quarter. RVW Wealth LLC now owns 802,768 shares of the company’s stock worth $19,050,000 after acquiring an additional 85,938 shares during the period. Arrow Financial Corp raised its holdings in iShares iBonds Dec 2027 Term Corporate ETF by 3.0% in the 2nd quarter. Arrow Financial Corp now owns 548,877 shares of the company’s stock worth $13,025,000 after purchasing an additional 15,774 shares during the period. Lyell Wealth Management LP raised its holdings in iShares iBonds Dec 2027 Term Corporate ETF by 10.9% in the 2nd quarter. Lyell Wealth Management LP now owns 309,868 shares of the company’s stock worth $7,353,000 after purchasing an additional 30,342 shares during the period. Peloton Wealth Strategists boosted its position in iShares iBonds Dec 2027 Term Corporate ETF by 2.8% during the second quarter. Peloton Wealth Strategists now owns 298,235 shares of the company’s stock worth $7,077,000 after purchasing an additional 8,250 shares in the last quarter. Finally, Spinnaker Trust grew its holdings 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 purchasing an additional 49,596 shares during the period.

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.