Parallel Advisors LLC Has $6.88 Million Stock Holdings in iShares iBonds Dec 2027 Term Corporate ETF $IBDS

Parallel Advisors LLC raised its stake in shares of iShares iBonds Dec 2027 Term Corporate ETF (NYSEARCA:IBDS) by 8.7% in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 283,652 shares of the company’s stock after buying an additional 22,629 shares during the period. Parallel Advisors LLC owned about 0.18% of iShares iBonds Dec 2027 Term Corporate ETF worth $6,876,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of the stock. Birchwood Financial Partners Inc. acquired a new stake in iShares iBonds Dec 2027 Term Corporate ETF during the fourth quarter valued at $50,000. Ascentis Independent Advisors acquired a new position in iShares iBonds Dec 2027 Term Corporate ETF in the 1st quarter worth about $85,000. Front Row Advisors LLC raised its stake in shares of iShares iBonds Dec 2027 Term Corporate ETF by 250.0% during the 3rd quarter. Front Row Advisors LLC now owns 4,200 shares of the company’s stock worth $102,000 after purchasing an additional 3,000 shares in the last quarter. BOKF NA purchased a new stake in shares of iShares iBonds Dec 2027 Term Corporate ETF during the 4th quarter worth about $126,000. Finally, Flagship Harbor Advisors LLC purchased a new stake in shares of iShares iBonds Dec 2027 Term Corporate ETF during the 4th quarter worth about $131,000.

iShares iBonds Dec 2027 Term Corporate ETF Price Performance

Shares of NYSEARCA IBDS opened at $24.18 on Tuesday. The business has a 50 day simple moving average of $24.18 and a 200 day simple moving average of $24.23. iShares iBonds Dec 2027 Term Corporate ETF has a 52 week low of $24.11 and a 52 week high of $24.38.

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.