Confluence Investment Management LLC Has $3.96 Million Stock Position in iShares iBonds Dec 2027 Term Corporate ETF (NYSEARCA:IBDS)

Confluence Investment Management LLC lifted its position in iShares iBonds Dec 2027 Term Corporate ETF (NYSEARCA:IBDS) by 0.8% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 165,459 shares of the company’s stock after buying an additional 1,370 shares during the period. Confluence Investment Management LLC’s holdings in iShares iBonds Dec 2027 Term Corporate ETF were worth $3,964,000 as of its most recent SEC filing.

Several other hedge funds have also added to or reduced their stakes in the business. Eastern Bank bought a new stake in shares of iShares iBonds Dec 2027 Term Corporate ETF in the third quarter worth about $25,000. Coastline Trust Co acquired a new position in shares of iShares iBonds Dec 2027 Term Corporate ETF in the 3rd quarter valued at approximately $46,000. Bogart Wealth LLC increased its stake in iShares iBonds Dec 2027 Term Corporate ETF by 14.8% during the 3rd quarter. Bogart Wealth LLC now owns 6,425 shares of the company’s stock worth $157,000 after purchasing an additional 828 shares in the last quarter. Lbmc Investment Advisors LLC acquired a new stake in iShares iBonds Dec 2027 Term Corporate ETF during the 3rd quarter worth approximately $283,000. Finally, Bank of New York Mellon Corp lifted its stake in 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 valued at $510,000 after buying an additional 7,279 shares in the last quarter.

iShares iBonds Dec 2027 Term Corporate ETF Price Performance

Shares of IBDS stock opened at $23.97 on Friday. iShares iBonds Dec 2027 Term Corporate ETF has a 12-month low of $23.44 and a 12-month high of $24.68. The firm has a fifty day moving average of $24.02 and a 200-day moving average of $24.06.

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.