iShares iBonds Dec 2027 Term Corporate ETF $IBDS Stock Acquired by Parallel Advisors LLC

Parallel Advisors LLC grew its position in iShares iBonds Dec 2027 Term Corporate ETF (NYSEARCA:IBDS) by 16.6% during the 3rd quarter, HoldingsChannel.com reports. The fund owned 409,570 shares of the company’s stock after buying an additional 58,444 shares during the quarter. Parallel Advisors LLC’s holdings in iShares iBonds Dec 2027 Term Corporate ETF were worth $9,879,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in IBDS. BOKF NA acquired a new stake in shares of iShares iBonds Dec 2027 Term Corporate ETF in the third quarter worth approximately $65,000. Ascentis Independent Advisors purchased a new stake in shares of iShares iBonds Dec 2027 Term Corporate ETF during the first quarter worth approximately $85,000. NBH Bank acquired a new position in iShares iBonds Dec 2027 Term Corporate ETF in the 2nd quarter valued at $85,000. Front Row Advisors LLC raised its stake in iShares iBonds Dec 2027 Term Corporate ETF by 39.3% in the 1st quarter. Front Row Advisors LLC now owns 5,850 shares of the company’s stock valued at $142,000 after purchasing an additional 1,650 shares during the last quarter. Finally, Pinnacle Bancorp Inc. raised its stake in iShares iBonds Dec 2027 Term Corporate ETF by 91.4% in the 3rd quarter. Pinnacle Bancorp Inc. now owns 6,077 shares of the company’s stock valued at $147,000 after purchasing an additional 2,902 shares during the last quarter.

iShares iBonds Dec 2027 Term Corporate ETF Stock Performance

IBDS stock remained flat at $24.10 during midday trading on Friday. The company’s stock had a trading volume of 506,389 shares, compared to its average volume of 637,245. The firm has a 50-day moving average price of $24.11 and a two-hundred day moving average price of $24.19. iShares iBonds Dec 2027 Term Corporate ETF has a 12 month low of $23.97 and a 12 month high of $24.37.

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.