iShares iBonds Dec 2027 Term Corporate ETF $IBDS Shares Acquired by Spinnaker Trust

Spinnaker Trust increased its stake in iShares iBonds Dec 2027 Term Corporate ETF (NYSEARCA:IBDS) by 16.0% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 680,902 shares of the company’s stock after purchasing an additional 93,956 shares during the period. iShares iBonds Dec 2027 Term Corporate ETF accounts for 0.9% of Spinnaker Trust’s portfolio, making the stock its 25th largest position. Spinnaker Trust’s holdings in iShares iBonds Dec 2027 Term Corporate ETF were worth $16,505,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Birchwood Financial Partners Inc. bought a new position in iShares iBonds Dec 2027 Term Corporate ETF during the 4th quarter worth $50,000. Burkett Financial Services LLC acquired a new position in shares of iShares iBonds Dec 2027 Term Corporate ETF during the fourth quarter valued at $61,000. Front Row Advisors LLC boosted its holdings in shares of iShares iBonds Dec 2027 Term Corporate ETF by 250.0% during the third quarter. Front Row Advisors LLC now owns 4,200 shares of the company’s stock valued at $102,000 after acquiring an additional 3,000 shares during the period. BOKF NA bought a new position in shares of iShares iBonds Dec 2027 Term Corporate ETF during the fourth quarter worth about $126,000. Finally, Flagship Harbor Advisors LLC bought a new position in shares of iShares iBonds Dec 2027 Term Corporate ETF during the fourth quarter worth about $131,000.

iShares iBonds Dec 2027 Term Corporate ETF Stock Performance

Shares of NYSEARCA:IBDS opened at $24.22 on Tuesday. The company’s 50-day moving average price is $24.20 and its 200 day moving average price is $24.24. iShares iBonds Dec 2027 Term Corporate ETF has a fifty-two week low of $24.11 and a fifty-two 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.