Spinnaker Trust Has $12.74 Million Position in iShares iBonds Dec 2027 Term Corporate ETF $IBDS

Spinnaker Trust increased its position in shares of iShares iBonds Dec 2027 Term Corporate ETF (NYSEARCA:IBDS) by 11.1% in the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 523,315 shares of the company’s stock after buying an additional 52,186 shares during the quarter. Spinnaker Trust’s holdings in iShares iBonds Dec 2027 Term Corporate ETF were worth $12,737,000 as of its most recent SEC filing.

Several other institutional investors have also recently bought and sold shares of the company. Atlantic Union Bankshares Corp acquired a new position in iShares iBonds Dec 2027 Term Corporate ETF during the 2nd quarter worth approximately $6,172,000. Confluence Investment Management LLC boosted its holdings in iShares iBonds Dec 2027 Term Corporate ETF by 155.7% during the third quarter. Confluence Investment Management LLC now owns 416,135 shares of the company’s stock worth $10,129,000 after purchasing an additional 253,368 shares during the last quarter. Rebalance LLC boosted its holdings in iShares iBonds Dec 2027 Term Corporate ETF by 54.9% during the third quarter. Rebalance LLC now owns 701,255 shares of the company’s stock worth $17,069,000 after purchasing an additional 248,527 shares during the last quarter. Ameriprise Financial Inc. grew its position in iShares iBonds Dec 2027 Term Corporate ETF by 18.7% in the second quarter. Ameriprise Financial Inc. now owns 1,501,886 shares of the company’s stock valued at $36,442,000 after purchasing an additional 236,150 shares in the last quarter. Finally, Valeo Financial Advisors LLC acquired a new stake in iShares iBonds Dec 2027 Term Corporate ETF in the 2nd quarter valued at $3,083,000.

iShares iBonds Dec 2027 Term Corporate ETF Price Performance

Shares of NYSEARCA:IBDS opened at $24.31 on Friday. The company’s 50-day moving average price is $24.29 and its two-hundred day moving average price is $24.29. iShares iBonds Dec 2027 Term Corporate ETF has a one year low of $23.89 and a one year high of $24.52.

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.