Montecito Bank & Trust Makes New $1.44 Million Investment in iShares iBonds Dec 2027 Term Corporate ETF $IBDS

Montecito Bank & Trust acquired a new stake in iShares iBonds Dec 2027 Term Corporate ETF (NYSEARCA:IBDS) during the third quarter, Holdings Channel.com reports. The firm acquired 59,250 shares of the company’s stock, valued at approximately $1,442,000.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. Hollencrest Capital Management acquired a new stake in iShares iBonds Dec 2027 Term Corporate ETF during the second quarter worth approximately $27,000. Pinnacle Bancorp Inc. lifted its stake in iShares iBonds Dec 2027 Term Corporate ETF by 48.7% in the second quarter. Pinnacle Bancorp Inc. now owns 3,175 shares of the company’s stock valued at $77,000 after buying an additional 1,040 shares during the period. Bank of Jackson Hole Trust boosted its holdings in shares of iShares iBonds Dec 2027 Term Corporate ETF by 31.9% during the 2nd quarter. Bank of Jackson Hole Trust now owns 4,023 shares of the company’s stock worth $98,000 after buying an additional 972 shares in the last quarter. FourThought Financial Partners LLC acquired a new stake in shares of iShares iBonds Dec 2027 Term Corporate ETF during the 2nd quarter worth approximately $215,000. Finally, Sarver Vrooman Wealth Advisors grew its position in shares of iShares iBonds Dec 2027 Term Corporate ETF by 748.1% during the 2nd quarter. Sarver Vrooman Wealth Advisors now owns 9,728 shares of the company’s stock worth $236,000 after buying an additional 8,581 shares during the period.

iShares iBonds Dec 2027 Term Corporate ETF Stock Performance

iShares iBonds Dec 2027 Term Corporate ETF stock opened at $24.31 on Thursday. iShares iBonds Dec 2027 Term Corporate ETF has a 12-month low of $23.86 and a 12-month high of $24.52. The firm’s fifty day moving average is $24.30 and its 200 day moving average is $24.26.

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.