Spinnaker Trust Boosts Stake in iShares iBonds Dec 2027 Term Corporate ETF (NYSEARCA:IBDS)

Spinnaker Trust increased its stake in iShares iBonds Dec 2027 Term Corporate ETF (NYSEARCA:IBDS) by 354.5% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 123,132 shares of the company’s stock after purchasing an additional 96,041 shares during the quarter. Spinnaker Trust owned approximately 0.21% of iShares iBonds Dec 2027 Term Corporate ETF worth $2,947,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of IBDS. Janney Montgomery Scott LLC raised its stake in shares of iShares iBonds Dec 2027 Term Corporate ETF by 0.8% in the third quarter. Janney Montgomery Scott LLC now owns 416,238 shares of the company’s stock worth $9,632,000 after buying an additional 3,244 shares during the period. Peloton Wealth Strategists increased its holdings in iShares iBonds Dec 2027 Term Corporate ETF by 9.9% in the 3rd quarter. Peloton Wealth Strategists now owns 244,330 shares of the company’s stock worth $5,654,000 after acquiring an additional 22,055 shares in the last quarter. Sandy Spring Bank raised its stake in iShares iBonds Dec 2027 Term Corporate ETF by 2.3% during the 3rd quarter. Sandy Spring Bank now owns 230,750 shares of the company’s stock worth $5,340,000 after acquiring an additional 5,254 shares during the period. Lyell Wealth Management LP raised its stake in 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 worth $5,175,000 after acquiring an additional 47,916 shares during the period. Finally, Bank of New York Mellon Corp boosted its position in shares of iShares iBonds Dec 2027 Term Corporate ETF by 82.7% in the third quarter. Bank of New York Mellon Corp now owns 191,851 shares of the company’s stock worth $4,439,000 after purchasing an additional 86,862 shares during the period.

iShares iBonds Dec 2027 Term Corporate ETF Stock Performance

Shares of NYSEARCA IBDS traded up $0.01 during midday trading on Friday, reaching $23.55. The stock had a trading volume of 205,801 shares, compared to its average volume of 430,905. iShares iBonds Dec 2027 Term Corporate ETF has a 12-month low of $22.80 and a 12-month high of $24.06. The stock has a 50-day moving average of $23.68 and a 200-day moving average of $23.59.

iShares iBonds Dec 2027 Term Corporate ETF 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.