iShares iBonds Dec 2027 Term Corporate ETF (NYSEARCA:IBDS) Sets New 12-Month Low – What’s Next?

iShares iBonds Dec 2027 Term Corporate ETF (NYSEARCA:IBDS)’s stock price reached a new 52-week low during mid-day trading on Monday . The company traded as low as $24.12 and last traded at $24.13, with a volume of 20170 shares trading hands. The stock had previously closed at $24.20.

iShares iBonds Dec 2027 Term Corporate ETF Trading Down 0.0%

The company has a 50 day moving average of $24.17 and a 200 day moving average of $24.22.

Institutional Trading of iShares iBonds Dec 2027 Term Corporate ETF

Several hedge funds have recently added to or reduced their stakes in the company. Praetorian Wealth Management Inc. raised its holdings in shares of iShares iBonds Dec 2027 Term Corporate ETF by 0.5% in the 2nd quarter. Praetorian Wealth Management Inc. now owns 284,709 shares of the company’s stock valued at $6,896,000 after purchasing an additional 1,446 shares in the last quarter. RVW Wealth LLC increased its holdings in iShares iBonds Dec 2027 Term Corporate ETF by 4.5% in the second quarter. RVW Wealth LLC now owns 1,272,324 shares of the company’s stock valued at $30,816,000 after buying an additional 54,404 shares during the last quarter. GAMMA Investing LLC raised its stake in iShares iBonds Dec 2027 Term Corporate ETF by 148.9% in the second quarter. GAMMA Investing LLC now owns 11,928 shares of the company’s stock valued at $289,000 after buying an additional 7,135 shares in the last quarter. Harbor Investment Advisory LLC lifted its holdings in iShares iBonds Dec 2027 Term Corporate ETF by 6.0% during the 2nd quarter. Harbor Investment Advisory LLC now owns 129,122 shares of the company’s stock worth $3,127,000 after buying an additional 7,294 shares during the last quarter. Finally, Parallel Advisors LLC boosted its position in shares of iShares iBonds Dec 2027 Term Corporate ETF by 8.7% during the 1st quarter. Parallel Advisors LLC now owns 283,652 shares of the company’s stock worth $6,876,000 after acquiring an additional 22,629 shares in 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.