Farmers National Bank Sells 1,470 Shares of iShares iBonds Dec 2027 Term Corporate ETF (NYSEARCA:IBDS)

Farmers National Bank decreased its stake in iShares iBonds Dec 2027 Term Corporate ETF (NYSEARCA:IBDS) by 3.2% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 44,671 shares of the company’s stock after selling 1,470 shares during the quarter. Farmers National Bank’s holdings in iShares iBonds Dec 2027 Term Corporate ETF were worth $1,060,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Adirondack Trust Co. bought a new position in shares of iShares iBonds Dec 2027 Term Corporate ETF in the fourth quarter worth approximately $214,000. Migdal Insurance & Financial Holdings Ltd. increased its stake in iShares iBonds Dec 2027 Term Corporate ETF by 18.2% in the 2nd quarter. Migdal Insurance & Financial Holdings Ltd. now owns 10,324 shares of the company’s stock worth $245,000 after buying an additional 1,589 shares in the last quarter. Montecito Bank & Trust purchased a new stake in iShares iBonds Dec 2027 Term Corporate ETF in the 1st quarter worth $395,000. Buffington Mohr McNeal lifted its position in shares of iShares iBonds Dec 2027 Term Corporate ETF by 41.4% in the first quarter. Buffington Mohr McNeal now owns 17,422 shares of the company’s stock valued at $415,000 after acquiring an additional 5,098 shares in the last quarter. Finally, Bank of New York Mellon Corp boosted its stake in shares of iShares iBonds Dec 2027 Term Corporate ETF by 51.2% in the second quarter. Bank of New York Mellon Corp now owns 21,506 shares of the company’s stock worth $510,000 after acquiring an additional 7,279 shares during the period.

iShares iBonds Dec 2027 Term Corporate ETF Stock Performance

IBDS stock opened at $24.31 on Wednesday. iShares iBonds Dec 2027 Term Corporate ETF has a 1-year low of $22.80 and a 1-year high of $24.68. The business has a 50 day simple moving average of $24.19 and a two-hundred day simple moving average of $23.87.

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.