Montecito Bank & Trust Invests $1.44 Million in iShares iBonds Dec 2027 Term Corporate ETF $IBDS

Montecito Bank & Trust acquired a new position in iShares iBonds Dec 2027 Term Corporate ETF (NYSEARCA:IBDS) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 59,250 shares of the company’s stock, valued at approximately $1,442,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. Hollencrest Capital Management bought a new position in iShares iBonds Dec 2027 Term Corporate ETF during the 2nd quarter worth $27,000. Pinnacle Bancorp Inc. increased its stake in shares of iShares iBonds Dec 2027 Term Corporate ETF by 48.7% in the second quarter. Pinnacle Bancorp Inc. now owns 3,175 shares of the company’s stock valued at $77,000 after buying an additional 1,040 shares during the period. Bank of Jackson Hole Trust raised its position in shares of iShares iBonds Dec 2027 Term Corporate ETF by 31.9% during the second quarter. Bank of Jackson Hole Trust now owns 4,023 shares of the company’s stock worth $98,000 after acquiring an additional 972 shares during the last quarter. FourThought Financial Partners LLC acquired a new position in shares of iShares iBonds Dec 2027 Term Corporate ETF in the second quarter worth approximately $215,000. Finally, Sarver Vrooman Wealth Advisors boosted its holdings in iShares iBonds Dec 2027 Term Corporate ETF by 748.1% in the second quarter. Sarver Vrooman Wealth Advisors now owns 9,728 shares of the company’s stock valued at $236,000 after acquiring an additional 8,581 shares during the last quarter.

iShares iBonds Dec 2027 Term Corporate ETF Price Performance

NYSEARCA:IBDS opened at $24.31 on Thursday. iShares iBonds Dec 2027 Term Corporate ETF has a fifty-two week low of $23.86 and a fifty-two week high of $24.52. The company has a 50 day simple moving average of $24.30 and a two-hundred day simple moving average of $24.26.

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.