iShares iBonds Dec 2027 Term Corporate ETF (NYSEARCA:IBDS) Sees Large Volume Increase – Still a Buy?

iShares iBonds Dec 2027 Term Corporate ETF (NYSEARCA:IBDS – Get Free Report) shares saw unusually-high trading volume on Monday. Approximately 698,837 shares were traded during mid-day trading, an increase of 10% from the average daily volume of 637,421 shares. The stock last traded at $24.0950 and had previously closed at $24.10.

iShares iBonds Dec 2027 Term Corporate ETF Price Performance

The stock’s 50 day moving average is $24.11 and its two-hundred day moving average is $24.19.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in IBDS. BOKF NA bought a new position in shares of iShares iBonds Dec 2027 Term Corporate ETF in the 3rd quarter valued at about $65,000. Ascentis Independent Advisors acquired a new position in shares of iShares iBonds Dec 2027 Term Corporate ETF during the 1st quarter worth approximately $85,000. NBH Bank acquired a new position in shares of iShares iBonds Dec 2027 Term Corporate ETF in the second quarter valued at $85,000. Front Row Advisors LLC grew its stake in iShares iBonds Dec 2027 Term Corporate ETF by 39.3% in the 1st quarter. Front Row Advisors LLC now owns 5,850 shares of the company’s stock valued at $142,000 after buying an additional 1,650 shares during the last quarter. Finally, Pinnacle Bancorp Inc. increased its stake in shares of iShares iBonds Dec 2027 Term Corporate ETF by 91.4% during the third quarter. Pinnacle Bancorp Inc. now owns 6,077 shares of the company’s stock worth $147,000 after purchasing an additional 2,902 shares during the period.

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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