iShares iBonds Dec 2027 Term Corporate ETF (NYSEARCA:IBDS) Reaches New 1-Year Low – Here’s What Happened

iShares iBonds Dec 2027 Term Corporate ETF (NYSEARCA:IBDS) shares hit a new 52-week low during trading on Monday . The stock traded as low as $24.12 and last traded at $24.13, with a volume of 20170 shares traded. The stock had previously closed at $24.20.

iShares iBonds Dec 2027 Term Corporate ETF Stock Down 0.3%

The company has a 50 day moving average of $24.18 and a 200 day moving average of $24.22.

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

A number of large investors have recently modified their holdings of the business. Praetorian Wealth Management Inc. raised its position in shares of iShares iBonds Dec 2027 Term Corporate ETF by 0.5% in the second 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 during the last quarter. RVW Wealth LLC boosted its position in 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 acquiring an additional 54,404 shares during the last quarter. GAMMA Investing LLC boosted its position in iShares iBonds Dec 2027 Term Corporate ETF by 148.9% during the second quarter. GAMMA Investing LLC now owns 11,928 shares of the company’s stock worth $289,000 after acquiring an additional 7,135 shares during the last quarter. Harbor Investment Advisory LLC grew its stake in iShares iBonds Dec 2027 Term Corporate ETF by 6.0% during the 2nd quarter. Harbor Investment Advisory LLC now owns 129,122 shares of the company’s stock valued at $3,127,000 after acquiring an additional 7,294 shares in the last quarter. Finally, Parallel Advisors LLC grew its stake in iShares iBonds Dec 2027 Term Corporate ETF by 8.7% during the 1st quarter. Parallel Advisors LLC now owns 283,652 shares of the company’s stock valued at $6,876,000 after acquiring an additional 22,629 shares in the last quarter.

About iShares iBonds Dec 2027 Term Corporate ETF

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.