Parallel Advisors LLC Raises Position in iShares iBonds Dec 2027 Term Corporate ETF $IBDS

Parallel Advisors LLC grew its position in iShares iBonds Dec 2027 Term Corporate ETF (NYSEARCA:IBDS) by 8.7% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 283,652 shares of the company’s stock after acquiring an additional 22,629 shares during the quarter. Parallel Advisors LLC owned about 0.18% of iShares iBonds Dec 2027 Term Corporate ETF worth $6,876,000 at the end of the most recent reporting period.

Other hedge funds also recently added to or reduced their stakes in the company. Klaas Financial Asset Advisors LLC lifted its stake in shares of iShares iBonds Dec 2027 Term Corporate ETF by 559.5% during the 4th quarter. Klaas Financial Asset Advisors LLC now owns 75,039 shares of the company’s stock worth $1,822,000 after acquiring an additional 63,660 shares during the last quarter. Roble Belko & Company Inc grew its position in iShares iBonds Dec 2027 Term Corporate ETF by 297.0% in the 1st quarter. Roble Belko & Company Inc now owns 83,371 shares of the company’s stock valued at $2,021,000 after acquiring an additional 62,370 shares during the last quarter. Lyell Wealth Management LP increased its stake in iShares iBonds Dec 2027 Term Corporate ETF by 17.5% in the fourth quarter. Lyell Wealth Management LP now owns 521,963 shares of the company’s stock worth $12,673,000 after purchasing an additional 77,683 shares during the period. Spinnaker Trust increased its stake in 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 worth $16,505,000 after purchasing an additional 93,956 shares during the period. Finally, Beaumont Financial Advisors LLC bought a new stake in shares of iShares iBonds Dec 2027 Term Corporate ETF during the first quarter worth $1,201,000.

iShares iBonds Dec 2027 Term Corporate ETF Price Performance

Shares of IBDS opened at $24.14 on Thursday. The firm has a fifty day moving average price of $24.17 and a 200-day moving average price of $24.22. iShares iBonds Dec 2027 Term Corporate ETF has a 12-month low of $24.12 and a 12-month high of $24.38.

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.