iShares iBonds Dec 2027 Term Corporate ETF (NYSEARCA:IBDS) Reaches New 1-Year Low – Here’s What Happened

iShares iBonds Dec 2027 Term Corporate ETF (NYSEARCA:IBDSGet Free Report) reached a new 52-week low on Saturday . The stock traded as low as $24.11 and last traded at $24.12, with a volume of 1461891 shares changing hands. The stock had previously closed at $24.12.

iShares iBonds Dec 2027 Term Corporate ETF Stock Performance

The business has a 50-day moving average of $24.16 and a two-hundred day moving average of $24.19.

Institutional Trading of iShares iBonds Dec 2027 Term Corporate ETF

Hedge funds have recently made changes to their positions in the company. Roble Belko & Company Inc increased its stake in shares of iShares iBonds Dec 2027 Term Corporate ETF by 42.1% in the second quarter. Roble Belko & Company Inc now owns 118,468 shares of the company’s stock valued at $2,869,000 after buying an additional 35,097 shares during the period. NBH Bank bought a new stake in iShares iBonds Dec 2027 Term Corporate ETF during the 2nd quarter worth approximately $85,000. Praetorian Wealth Management Inc. increased its position in 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 acquiring an additional 1,446 shares during the period. RVW Wealth LLC increased its position in iShares iBonds Dec 2027 Term Corporate ETF by 4.5% in the 2nd quarter. RVW Wealth LLC now owns 1,272,324 shares of the company’s stock valued at $30,816,000 after acquiring an additional 54,404 shares during the period. Finally, GAMMA Investing LLC raised its stake in shares of iShares iBonds Dec 2027 Term Corporate ETF by 148.9% during the second quarter. GAMMA Investing LLC now owns 11,928 shares of the company’s stock valued at $289,000 after acquiring an additional 7,135 shares during the last quarter.

About iShares iBonds Dec 2027 Term Corporate ETF

(Get Free Report)

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.

Recommended Stories

Receive News & Ratings for iShares iBonds Dec 2027 Term Corporate ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares iBonds Dec 2027 Term Corporate ETF and related companies with MarketBeat.com's FREE daily email newsletter.