iShares iBonds Dec 2027 Term Corporate ETF (NYSEARCA:IBDS) Sees Large Volume Increase – Here’s What Happened

iShares iBonds Dec 2027 Term Corporate ETF (NYSEARCA:IBDS) shares saw unusually-high trading volume on Monday. 817,046 shares changed hands during mid-day trading, an increase of 30% from the previous session’s volume of 629,122 shares. The stock last traded at $24.0850 and had previously closed at $24.10.

iShares iBonds Dec 2027 Term Corporate ETF Stock Performance

The company has a 50-day moving average of $24.14 and a 200 day moving average of $24.17.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in IBDS. RVW Wealth LLC boosted its stake in iShares iBonds Dec 2027 Term Corporate ETF by 4.5% during the 2nd quarter. RVW Wealth LLC now owns 1,272,324 shares of the company’s stock worth $30,816,000 after purchasing an additional 54,404 shares during the last quarter. Spinnaker Trust raised its position in shares of iShares iBonds Dec 2027 Term Corporate ETF by 16.0% in the first quarter. Spinnaker Trust now owns 680,902 shares of the company’s stock valued at $16,505,000 after buying an additional 93,956 shares during the last quarter. Peloton Wealth Strategists raised its position in shares of iShares iBonds Dec 2027 Term Corporate ETF by 3.3% in the fourth quarter. Peloton Wealth Strategists now owns 350,425 shares of the company’s stock valued at $8,508,000 after buying an additional 11,355 shares during the last quarter. 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. Finally, Parallel Advisors LLC lifted its stake in shares of iShares iBonds Dec 2027 Term Corporate ETF by 8.7% in the first quarter. Parallel Advisors LLC now owns 283,652 shares of the company’s stock worth $6,876,000 after buying 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.