iShares iBonds Dec 2027 Term Corporate ETF (NYSEARCA:IBDS) Stock Price Up 0% – Still a Buy?

iShares iBonds Dec 2027 Term Corporate ETF (NYSEARCA:IBDS)’s share price shot up 0% during trading on Friday . The company traded as high as $24.31 and last traded at $24.30. 700,023 shares changed hands during trading, a decline of 12% from the average session volume of 798,211 shares. The stock had previously closed at $24.29.

iShares iBonds Dec 2027 Term Corporate ETF Trading Up 0.0%

The business has a 50-day moving average price of $24.29 and a two-hundred day moving average price of $24.27.

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

A number of large investors have recently bought and sold shares of the company. Ameriprise Financial Inc. boosted its position in iShares iBonds Dec 2027 Term Corporate ETF by 7.0% during the 3rd quarter. Ameriprise Financial Inc. now owns 1,606,673 shares of the company’s stock worth $39,104,000 after buying an additional 104,787 shares during the period. RVW Wealth LLC increased its position in iShares iBonds Dec 2027 Term Corporate ETF by 12.9% in the 4th quarter. RVW Wealth LLC now owns 1,170,581 shares of the company’s stock valued at $28,422,000 after acquiring an additional 133,386 shares during the period. Captrust Financial Advisors raised its stake in shares of iShares iBonds Dec 2027 Term Corporate ETF by 17.5% during the third quarter. Captrust Financial Advisors now owns 901,136 shares of the company’s stock valued at $21,934,000 after acquiring an additional 133,985 shares during the last quarter. Rebalance LLC lifted its holdings in shares of iShares iBonds Dec 2027 Term Corporate ETF by 10.1% during the fourth quarter. Rebalance LLC now owns 772,355 shares of the company’s stock worth $18,753,000 after purchasing an additional 71,100 shares during the period. Finally, NewEdge Advisors LLC grew its stake in shares of iShares iBonds Dec 2027 Term Corporate ETF by 3.4% in the third quarter. NewEdge Advisors LLC now owns 634,339 shares of the company’s stock worth $15,440,000 after purchasing an additional 20,833 shares during the last quarter.

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.