Confluence Investment Management LLC Reduces Stock Position in iShares iBonds Dec 2027 Term Corporate ETF $IBDS

Confluence Investment Management LLC reduced its stake in iShares iBonds Dec 2027 Term Corporate ETF (NYSEARCA:IBDS) by 5.4% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 393,499 shares of the company’s stock after selling 22,636 shares during the period. Confluence Investment Management LLC’s holdings in iShares iBonds Dec 2027 Term Corporate ETF were worth $9,554,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in IBDS. Farmers National Bank lifted its position in iShares iBonds Dec 2027 Term Corporate ETF by 2.0% in the second quarter. Farmers National Bank now owns 44,207 shares of the company’s stock valued at $1,073,000 after purchasing an additional 849 shares during the last quarter. Roble Belko & Company Inc grew its holdings in shares of iShares iBonds Dec 2027 Term Corporate ETF by 6.5% in the third quarter. Roble Belko & Company Inc now owns 16,891 shares of the company’s stock worth $411,000 after purchasing an additional 1,026 shares during the last quarter. Hollencrest Capital Management bought a new position in shares of iShares iBonds Dec 2027 Term Corporate ETF in the second quarter worth approximately $27,000. High Note Wealth LLC purchased a new position in shares of iShares iBonds Dec 2027 Term Corporate ETF in the third quarter worth $29,000. Finally, Gould Asset Management LLC CA increased its stake in shares of iShares iBonds Dec 2027 Term Corporate ETF by 2.2% in the third quarter. Gould Asset Management LLC CA now owns 56,960 shares of the company’s stock worth $1,386,000 after buying an additional 1,225 shares during the period.

iShares iBonds Dec 2027 Term Corporate ETF Price Performance

NYSEARCA IBDS opened at $24.20 on Friday. iShares iBonds Dec 2027 Term Corporate ETF has a 1 year low of $23.89 and a 1 year high of $24.52. The business’s 50-day moving average is $24.29 and its 200 day moving average is $24.29.

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.