iShares iBonds Dec 2027 Term Corporate ETF (NYSEARCA:IBDS) Sees Large Volume Increase – What’s Next?

Shares of iShares iBonds Dec 2027 Term Corporate ETF (NYSEARCA:IBDS) saw an uptick in trading volume on Friday . 1,875,531 shares traded hands during mid-day trading, an increase of 325% from the previous session’s volume of 441,450 shares.The stock last traded at $23.91 and had previously closed at $23.88.

iShares iBonds Dec 2027 Term Corporate ETF Price Performance

The stock’s 50 day moving average is $24.06 and its 200-day moving average is $24.05.

Institutional Investors Weigh In On iShares iBonds Dec 2027 Term Corporate ETF

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Arrow Financial Corp increased its holdings in iShares iBonds Dec 2027 Term Corporate ETF by 1.6% during the third quarter. Arrow Financial Corp now owns 557,633 shares of the company’s stock valued at $13,590,000 after buying an additional 8,756 shares during the last quarter. Captrust Financial Advisors increased its stake in shares of iShares iBonds Dec 2027 Term Corporate ETF by 36.4% in the 3rd quarter. Captrust Financial Advisors now owns 414,425 shares of the company’s stock worth $10,100,000 after purchasing an additional 110,597 shares in the last quarter. Lyell Wealth Management LP increased its stake in shares of iShares iBonds Dec 2027 Term Corporate ETF by 11.8% in the 3rd quarter. Lyell Wealth Management LP now owns 346,431 shares of the company’s stock worth $8,443,000 after purchasing an additional 36,563 shares in the last quarter. Peloton Wealth Strategists raised its holdings in 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 worth $7,077,000 after purchasing an additional 8,250 shares during the period. Finally, Spinnaker Trust lifted its position in iShares iBonds Dec 2027 Term Corporate ETF by 8.9% during the third quarter. Spinnaker Trust now owns 244,290 shares of the company’s stock valued at $5,953,000 after purchasing an additional 19,929 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.