Spinnaker Trust Raises Stock Position in iShares iBonds Dec 2027 Term Corporate ETF (NYSEARCA:IBDS)

Spinnaker Trust increased its stake in shares of iShares iBonds Dec 2027 Term Corporate ETF (NYSEARCA:IBDS) by 8.9% during the 3rd quarter, Holdings Channel.com reports. The fund owned 244,290 shares of the company’s stock after purchasing an additional 19,929 shares during the quarter. Spinnaker Trust’s holdings in iShares iBonds Dec 2027 Term Corporate ETF were worth $5,953,000 as of its most recent SEC filing.

Several other hedge funds also recently made changes to their positions in the company. Eastern Bank purchased a new position in iShares iBonds Dec 2027 Term Corporate ETF during the 3rd quarter worth $25,000. Bogart Wealth LLC boosted its stake in shares of iShares iBonds Dec 2027 Term Corporate ETF by 14.8% during the third quarter. Bogart Wealth LLC now owns 6,425 shares of the company’s stock worth $157,000 after buying an additional 828 shares during the period. Migdal Insurance & Financial Holdings Ltd. increased its position in iShares iBonds Dec 2027 Term Corporate ETF by 18.2% in the 2nd quarter. Migdal Insurance & Financial Holdings Ltd. now owns 10,324 shares of the company’s stock valued at $245,000 after acquiring an additional 1,589 shares during the period. Lbmc Investment Advisors LLC acquired a new position in iShares iBonds Dec 2027 Term Corporate ETF in the 3rd quarter valued at about $283,000. Finally, Adirondack Trust Co. raised its stake in iShares iBonds Dec 2027 Term Corporate ETF by 48.7% during the 2nd quarter. Adirondack Trust Co. now owns 17,299 shares of the company’s stock valued at $410,000 after acquiring an additional 5,662 shares during the last quarter.

iShares iBonds Dec 2027 Term Corporate ETF Trading Down 0.2 %

Shares of IBDS stock traded down $0.04 during midday trading on Wednesday, hitting $23.98. The company had a trading volume of 78,227 shares, compared to its average volume of 432,821. The company’s 50 day simple moving average is $24.23 and its 200 day simple moving average is $23.96. iShares iBonds Dec 2027 Term Corporate ETF has a 52-week low of $23.01 and a 52-week high of $24.68.

iShares iBonds Dec 2027 Term Corporate ETF 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.