Spinnaker Trust Increases Holdings in iShares iBonds Dec 2027 Term Corporate ETF (NYSEARCA:IBDS)

Spinnaker Trust grew its stake in iShares iBonds Dec 2027 Term Corporate ETF (NYSEARCA:IBDS) by 354.5% in the fourth quarter, Holdings Channel reports. The fund owned 123,132 shares of the company’s stock after purchasing an additional 96,041 shares during the period. Spinnaker Trust’s holdings in iShares iBonds Dec 2027 Term Corporate ETF were worth $2,947,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of IBDS. First Fiduciary Investment Counsel Inc. raised its position in shares of iShares iBonds Dec 2027 Term Corporate ETF by 21.5% during the 4th quarter. First Fiduciary Investment Counsel Inc. now owns 52,458 shares of the company’s stock valued at $1,255,000 after buying an additional 9,285 shares during the period. Lyell Wealth Management LP raised its position in iShares iBonds Dec 2027 Term Corporate ETF by 28.5% in the fourth quarter. Lyell Wealth Management LP now owns 216,270 shares of the company’s stock valued at $5,175,000 after purchasing an additional 47,916 shares during the period. Roble Belko & Company Inc lifted its stake in shares of iShares iBonds Dec 2027 Term Corporate ETF by 12.7% in the 4th quarter. Roble Belko & Company Inc now owns 13,653 shares of the company’s stock valued at $327,000 after purchasing an additional 1,539 shares during the last quarter. PSI Advisors LLC grew its holdings in shares of iShares iBonds Dec 2027 Term Corporate ETF by 76.7% during the 4th quarter. PSI Advisors LLC now owns 4,400 shares of the company’s stock worth $105,000 after purchasing an additional 1,910 shares during the period. Finally, Migdal Insurance & Financial Holdings Ltd. purchased a new position in shares of iShares iBonds Dec 2027 Term Corporate ETF during the 4th quarter worth $72,000.

iShares iBonds Dec 2027 Term Corporate ETF Stock Up 0.0 %

IBDS traded up $0.01 on Friday, hitting $23.55. The company had a trading volume of 205,801 shares, compared to its average volume of 430,905. The company’s fifty day moving average price is $23.68 and its 200 day moving average price is $23.59. iShares iBonds Dec 2027 Term Corporate ETF has a 1 year low of $22.80 and a 1 year high of $24.06.

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.