First Horizon Advisors Inc. Trims Position in iShares iBonds Dec 2027 Term Corporate ETF (NYSEARCA:IBDS)

First Horizon Advisors Inc. cut its stake in shares of iShares iBonds Dec 2027 Term Corporate ETF (NYSEARCA:IBDS) by 31.7% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 2,967 shares of the company’s stock after selling 1,377 shares during the period. First Horizon Advisors Inc.’s holdings in iShares iBonds Dec 2027 Term Corporate ETF were worth $71,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Spinnaker Trust increased its holdings in iShares iBonds Dec 2027 Term Corporate ETF by 354.5% during the 4th quarter. Spinnaker Trust now owns 123,132 shares of the company’s stock worth $2,947,000 after acquiring an additional 96,041 shares during the period. Bank of New York Mellon Corp raised its position in shares of iShares iBonds Dec 2027 Term Corporate ETF by 82.7% in the third quarter. Bank of New York Mellon Corp now owns 191,851 shares of the company’s stock worth $4,439,000 after buying an additional 86,862 shares in the last quarter. Cary Street Partners Investment Advisory LLC purchased a new stake in shares of iShares iBonds Dec 2027 Term Corporate ETF in the third quarter worth $1,188,000. Lyell Wealth Management LP boosted its stake in iShares iBonds Dec 2027 Term Corporate ETF by 28.5% during the fourth quarter. Lyell Wealth Management LP now owns 216,270 shares of the company’s stock valued at $5,175,000 after buying an additional 47,916 shares during the period. Finally, Prime Capital Investment Advisors LLC purchased a new position in iShares iBonds Dec 2027 Term Corporate ETF during the fourth quarter worth about $1,096,000.

iShares iBonds Dec 2027 Term Corporate ETF Price Performance

NYSEARCA:IBDS opened at $23.65 on Wednesday. The business’s 50-day moving average price is $23.66 and its two-hundred day moving average price is $23.64. iShares iBonds Dec 2027 Term Corporate ETF has a twelve month low of $22.80 and a twelve month high of $24.06.

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.