Parallel Advisors LLC Sells 26,297 Shares of iShares iBonds Dec 2027 Term Corporate ETF (NYSEARCA:IBDS)

Parallel Advisors LLC lowered its stake in iShares iBonds Dec 2027 Term Corporate ETF (NYSEARCA:IBDS) by 10.7% in the 1st quarter, Holdings Channel reports. The firm owned 219,918 shares of the company’s stock after selling 26,297 shares during the quarter. Parallel Advisors LLC’s holdings in iShares iBonds Dec 2027 Term Corporate ETF were worth $5,318,000 at the end of the most recent reporting period.

Several other large investors have also added to or reduced their stakes in IBDS. Front Row Advisors LLC bought a new position in iShares iBonds Dec 2027 Term Corporate ETF in the 4th quarter worth about $29,000. Bank of Jackson Hole Trust bought a new position in iShares iBonds Dec 2027 Term Corporate ETF in the 4th quarter worth about $42,000. Sunbelt Securities Inc. boosted its stake in iShares iBonds Dec 2027 Term Corporate ETF by 239.3% in the 4th quarter. Sunbelt Securities Inc. now owns 2,840 shares of the company’s stock worth $68,000 after purchasing an additional 2,003 shares during the period. Wilmington Savings Fund Society FSB bought a new stake in shares of iShares iBonds Dec 2027 Term Corporate ETF during the 4th quarter valued at about $158,000. Finally, First Horizon Advisors Inc. grew its holdings in shares of iShares iBonds Dec 2027 Term Corporate ETF by 173.5% during the fourth quarter. First Horizon Advisors Inc. now owns 8,392 shares of the company’s stock worth $201,000 after purchasing an additional 5,324 shares in the last quarter.

iShares iBonds Dec 2027 Term Corporate ETF Price Performance

Shares of NYSEARCA IBDS opened at $24.18 on Friday. iShares iBonds Dec 2027 Term Corporate ETF has a 12 month low of $23.61 and a 12 month high of $24.68. The business has a 50-day moving average of $24.11 and a 200-day moving average of $24.06.

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.