Timber Creek Capital Management LLC Lowers Position in iShares iBonds Dec 2027 Term Corporate ETF (NYSEARCA:IBDS)

Timber Creek Capital Management LLC lowered its holdings in iShares iBonds Dec 2027 Term Corporate ETF (NYSEARCA:IBDS) by 2.1% during the 2nd quarter, HoldingsChannel.com reports. The fund owned 34,016 shares of the company’s stock after selling 732 shares during the quarter. Timber Creek Capital Management LLC’s holdings in iShares iBonds Dec 2027 Term Corporate ETF were worth $807,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of the business. RVW Wealth LLC raised its holdings in shares of iShares iBonds Dec 2027 Term Corporate ETF by 12.0% in the 2nd quarter. RVW Wealth LLC now owns 802,768 shares of the company’s stock valued at $19,050,000 after acquiring an additional 85,938 shares in the last quarter. Arrow Financial Corp raised its holdings in shares of iShares iBonds Dec 2027 Term Corporate ETF by 3.6% during the 1st quarter. Arrow Financial Corp now owns 533,103 shares of the company’s stock valued at $12,688,000 after buying an additional 18,514 shares in the last quarter. Lyell Wealth Management LP raised its holdings in shares of iShares iBonds Dec 2027 Term Corporate ETF by 28.5% during the 4th 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 in the last quarter. Praetorian Wealth Management Inc. raised its holdings in shares of iShares iBonds Dec 2027 Term Corporate ETF by 5.8% during the 2nd quarter. Praetorian Wealth Management Inc. now owns 202,860 shares of the company’s stock valued at $4,814,000 after buying an additional 11,140 shares in the last quarter. Finally, Confluence Investment Management LLC purchased a new position in shares of iShares iBonds Dec 2027 Term Corporate ETF during the 1st quarter valued at about $4,060,000.

iShares iBonds Dec 2027 Term Corporate ETF Stock Performance

Shares of NYSEARCA IBDS traded up $0.03 during trading hours on Friday, reaching $24.10. 321,387 shares of the stock traded hands, compared to its average volume of 382,907. iShares iBonds Dec 2027 Term Corporate ETF has a 52-week low of $22.80 and a 52-week high of $24.16. The company’s 50-day simple moving average is $23.87 and its two-hundred day simple moving average is $23.75.

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.