Confluence Investment Management LLC Reduces Stock Holdings in iShares iBonds Dec 2027 Term Corporate ETF $IBDS

Confluence Investment Management LLC cut its holdings in iShares iBonds Dec 2027 Term Corporate ETF (NYSEARCA:IBDS) by 0.4% in the second quarter, according to the company in its most recent disclosure with the SEC. The fund owned 162,767 shares of the company’s stock after selling 616 shares during the quarter. Confluence Investment Management LLC owned about 0.13% of iShares iBonds Dec 2027 Term Corporate ETF worth $3,950,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of the business. Harbor Investment Advisory LLC raised its position in shares of iShares iBonds Dec 2027 Term Corporate ETF by 75.3% in the 2nd quarter. Harbor Investment Advisory LLC now owns 76,784 shares of the company’s stock valued at $1,864,000 after purchasing an additional 32,976 shares during the last quarter. Peloton Wealth Strategists raised its holdings in shares of iShares iBonds Dec 2027 Term Corporate ETF by 9.5% in the first quarter. Peloton Wealth Strategists now owns 339,470 shares of the company’s stock worth $8,208,000 after buying an additional 29,340 shares during the last quarter. NewEdge Advisors LLC lifted its stake in shares of iShares iBonds Dec 2027 Term Corporate ETF by 0.6% during the first quarter. NewEdge Advisors LLC now owns 643,959 shares of the company’s stock worth $15,571,000 after buying an additional 3,814 shares during the period. Integrated Wealth Concepts LLC grew its holdings in shares of iShares iBonds Dec 2027 Term Corporate ETF by 44.1% during the first quarter. Integrated Wealth Concepts LLC now owns 179,958 shares of the company’s stock valued at $4,351,000 after buying an additional 55,060 shares during the last quarter. Finally, Cary Street Partners Financial LLC increased its position in shares of iShares iBonds Dec 2027 Term Corporate ETF by 2.3% in the 1st quarter. Cary Street Partners Financial LLC now owns 49,164 shares of the company’s stock valued at $1,189,000 after acquiring an additional 1,105 shares during the period.

iShares iBonds Dec 2027 Term Corporate ETF Stock Performance

Shares of IBDS stock opened at $24.31 on Friday. The business has a fifty day moving average of $24.24 and a 200 day moving average of $24.16. iShares iBonds Dec 2027 Term Corporate ETF has a 1 year low of $23.86 and a 1 year high of $24.68.

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.