iShares iBonds Dec 2027 Term Corporate ETF (NYSEARCA:IBDS) Sees Unusually-High Trading Volume

iShares iBonds Dec 2027 Term Corporate ETF (NYSEARCA:IBDS) saw unusually-strong trading volume on Tuesday . Approximately 971,323 shares were traded during mid-day trading, an increase of 132% from the previous session’s volume of 418,620 shares.The stock last traded at $24.31 and had previously closed at $24.37.

iShares iBonds Dec 2027 Term Corporate ETF Stock Down 0.2 %

The stock’s fifty day moving average is $24.19 and its two-hundred day moving average is $23.87.

Hedge Funds Weigh In On iShares iBonds Dec 2027 Term Corporate ETF

A number of institutional investors and hedge funds have recently added to or reduced their stakes in IBDS. Bank of New Hampshire boosted its position in shares of iShares iBonds Dec 2027 Term Corporate ETF by 1.5% in the first quarter. Bank of New Hampshire now owns 34,220 shares of the company’s stock valued at $814,000 after acquiring an additional 500 shares during the period. Dearborn Partners LLC raised its stake in shares of iShares iBonds Dec 2027 Term Corporate ETF by 3.9% during the second quarter. Dearborn Partners LLC now owns 22,526 shares of the company’s stock worth $535,000 after acquiring an additional 846 shares in the last quarter. Timber Creek Capital Management LLC grew its holdings in shares of iShares iBonds Dec 2027 Term Corporate ETF by 3.1% in the first quarter. Timber Creek Capital Management LLC now owns 34,748 shares of the company’s stock worth $827,000 after purchasing an additional 1,045 shares during the last quarter. Migdal Insurance & Financial Holdings Ltd. grew its holdings in shares of iShares iBonds Dec 2027 Term Corporate ETF by 18.2% in the second quarter. Migdal Insurance & Financial Holdings Ltd. now owns 10,324 shares of the company’s stock worth $245,000 after purchasing an additional 1,589 shares during the last quarter. Finally, Archford Capital Strategies LLC grew its holdings in shares of iShares iBonds Dec 2027 Term Corporate ETF by 3.0% in the second quarter. Archford Capital Strategies LLC now owns 55,661 shares of the company’s stock worth $1,321,000 after purchasing an additional 1,633 shares during the last quarter.

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.