iShares iBonds Dec 2027 Term Corporate ETF (NYSEARCA:IBDS) Sees Unusually-High Trading Volume

Shares of iShares iBonds Dec 2027 Term Corporate ETF (NYSEARCA:IBDS) saw unusually-high trading volume on Tuesday . Approximately 971,323 shares changed hands during trading, an increase of 132% from the previous session’s volume of 418,620 shares.The stock last traded at $24.31 and had previously closed at $24.37.

iShares iBonds Dec 2027 Term Corporate ETF Stock Performance

The business’s 50-day moving average is $24.19 and its 200 day moving average is $23.87.

Hedge Funds Weigh In On iShares iBonds Dec 2027 Term Corporate ETF

Several hedge funds have recently bought and sold shares of the company. Heartland Bank & Trust Co increased its holdings in iShares iBonds Dec 2027 Term Corporate ETF by 29.5% in the 2nd quarter. Heartland Bank & Trust Co now owns 32,125 shares of the company’s stock valued at $762,000 after buying an additional 7,322 shares during the period. Peloton Wealth Strategists increased its stake in shares of iShares iBonds Dec 2027 Term Corporate ETF by 2.8% in the 2nd quarter. Peloton Wealth Strategists now owns 298,235 shares of the company’s stock valued at $7,077,000 after acquiring an additional 8,250 shares in the last quarter. Godshalk Welsh Capital Management Inc. increased its stake in shares of iShares iBonds Dec 2027 Term Corporate ETF by 120.4% in the 2nd quarter. Godshalk Welsh Capital Management Inc. now owns 25,349 shares of the company’s stock valued at $602,000 after acquiring an additional 13,849 shares in the last quarter. Lyell Wealth Management LP increased its stake in shares of iShares iBonds Dec 2027 Term Corporate ETF by 10.9% in the 2nd quarter. Lyell Wealth Management LP now owns 309,868 shares of the company’s stock valued at $7,353,000 after acquiring an additional 30,342 shares in the last quarter. Finally, Parallel Advisors LLC increased its stake in iShares iBonds Dec 2027 Term Corporate ETF by 2.0% during the 2nd quarter. Parallel Advisors LLC now owns 135,186 shares of the company’s stock valued at $3,208,000 after purchasing an additional 2,614 shares in the last quarter.

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.