Confluence Investment Management LLC Sells 22,636 Shares of iShares iBonds Dec 2027 Term Corporate ETF $IBDS

Confluence Investment Management LLC trimmed its position in iShares iBonds Dec 2027 Term Corporate ETF (NYSEARCA:IBDS) by 5.4% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 393,499 shares of the company’s stock after selling 22,636 shares during the period. Confluence Investment Management LLC owned 0.27% of iShares iBonds Dec 2027 Term Corporate ETF worth $9,554,000 as of its most recent filing with the SEC.

Several other hedge funds have also added to or reduced their stakes in IBDS. Rebalance LLC lifted its stake in shares of iShares iBonds Dec 2027 Term Corporate ETF by 54.9% in the third quarter. Rebalance LLC now owns 701,255 shares of the company’s stock worth $17,069,000 after acquiring an additional 248,527 shares during the period. Ameriprise Financial Inc. grew its stake 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 acquiring an additional 236,150 shares during the period. Captrust Financial Advisors raised its holdings in 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 worth $21,934,000 after buying an additional 133,985 shares during the last quarter. Valeo Financial Advisors LLC bought a new stake in shares of iShares iBonds Dec 2027 Term Corporate ETF during the second quarter worth about $3,083,000. Finally, Montecito Bank & Trust acquired a new stake in shares of iShares iBonds Dec 2027 Term Corporate ETF in the 3rd quarter worth about $1,442,000.

iShares iBonds Dec 2027 Term Corporate ETF Price Performance

Shares of IBDS opened at $24.20 on Friday. iShares iBonds Dec 2027 Term Corporate ETF has a 52 week low of $23.89 and a 52 week high of $24.52. The stock has a 50 day moving average price of $24.29 and a two-hundred day moving average price of $24.29.

iShares iBonds Dec 2027 Term Corporate ETF 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.