MTM Investment Management LLC Has $2.54 Million Position in iShares iBonds Dec 2027 Term Corporate ETF $IBDS

MTM Investment Management LLC raised its stake in shares of iShares iBonds Dec 2027 Term Corporate ETF (NYSEARCA:IBDS) by 54.9% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 104,388 shares of the company’s stock after purchasing an additional 37,017 shares during the period. iShares iBonds Dec 2027 Term Corporate ETF accounts for about 0.8% of MTM Investment Management LLC’s holdings, making the stock its 28th biggest position. MTM Investment Management LLC’s holdings in iShares iBonds Dec 2027 Term Corporate ETF were worth $2,535,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of the stock. Valley Wealth Managers Inc. boosted its stake in shares of iShares iBonds Dec 2027 Term Corporate ETF by 0.9% during the 4th quarter. Valley Wealth Managers Inc. now owns 70,704 shares of the company’s stock valued at $1,717,000 after buying an additional 653 shares during the period. High Note Wealth LLC acquired a new stake in shares of iShares iBonds Dec 2027 Term Corporate ETF during the 3rd quarter valued at $29,000. Dearborn Partners LLC boosted its stake in shares of iShares iBonds Dec 2027 Term Corporate ETF by 5.9% during the 3rd quarter. Dearborn Partners LLC now owns 25,350 shares of the company’s stock valued at $617,000 after buying an additional 1,413 shares during the period. 10Elms LLP boosted its stake in shares of iShares iBonds Dec 2027 Term Corporate ETF by 5.3% during the 3rd quarter. 10Elms LLP now owns 36,675 shares of the company’s stock valued at $893,000 after buying an additional 1,850 shares during the period. Finally, Reliant Wealth Planning boosted its stake in shares of iShares iBonds Dec 2027 Term Corporate ETF by 3.3% during the 3rd quarter. Reliant Wealth Planning now owns 57,461 shares of the company’s stock valued at $1,399,000 after buying an additional 1,857 shares during the period.

iShares iBonds Dec 2027 Term Corporate ETF Price Performance

Shares of NYSEARCA:IBDS opened at $24.23 on Thursday. The firm has a fifty day moving average of $24.20 and a two-hundred day moving average of $24.26. iShares iBonds Dec 2027 Term Corporate ETF has a 12-month low of $24.05 and a 12-month 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.