iShares iBonds Dec 2027 Term Corporate ETF (NYSEARCA:IBDS) Sets New 12-Month Low – Time to Sell?

iShares iBonds Dec 2027 Term Corporate ETF (NYSEARCA:IBDS – Get Free Report)’s stock price hit a new 52-week low on Thursday. The stock traded as low as $24.11 and last traded at $24.12, with a volume of 828377 shares changing hands. The stock had previously closed at $24.12.

iShares iBonds Dec 2027 Term Corporate ETF Stock Performance

The company’s 50-day moving average price is $24.16 and its 200 day moving average price is $24.18.

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

Several large investors have recently made changes to their positions in the business. RVW Wealth LLC grew its position in shares of iShares iBonds Dec 2027 Term Corporate ETF by 4.5% during the second quarter. RVW Wealth LLC now owns 1,272,324 shares of the company’s stock worth $30,816,000 after purchasing an additional 54,404 shares in the last quarter. Spinnaker Trust boosted its stake in iShares iBonds Dec 2027 Term Corporate ETF by 16.0% in the 1st quarter. Spinnaker Trust now owns 680,902 shares of the company’s stock worth $16,505,000 after purchasing an additional 93,956 shares during the period. Lyell Wealth Management LP boosted its stake in iShares iBonds Dec 2027 Term Corporate ETF by 17.5% in the 4th quarter. Lyell Wealth Management LP now owns 521,963 shares of the company’s stock worth $12,673,000 after purchasing an additional 77,683 shares during the period. Peloton Wealth Strategists boosted its stake in iShares iBonds Dec 2027 Term Corporate ETF by 3.3% in the 4th quarter. Peloton Wealth Strategists now owns 350,425 shares of the company’s stock worth $8,508,000 after purchasing an additional 11,355 shares during the period. Finally, Praetorian Wealth Management Inc. grew its holdings in iShares iBonds Dec 2027 Term Corporate ETF by 0.5% during the 2nd quarter. Praetorian Wealth Management Inc. now owns 284,709 shares of the company’s stock valued at $6,896,000 after buying an additional 1,446 shares in the last quarter.

About iShares iBonds Dec 2027 Term Corporate ETF

(Get Free Report)

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.

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