iShares iBonds Dec 2027 Term Corporate ETF (NYSEARCA:IBDS) Sees Large Volume Increase – Time to Buy?

iShares iBonds Dec 2027 Term Corporate ETF (NYSEARCA:IBDS) shares saw unusually-high trading volume on Friday . Approximately 379,980 shares traded hands during trading, a decline of 37% from the previous session’s volume of 602,348 shares.The stock last traded at $24.1350 and had previously closed at $24.12.

iShares iBonds Dec 2027 Term Corporate ETF Price Performance

The company has a 50-day moving average of $24.16 and a 200-day moving average of $24.19.

Institutional Trading of iShares iBonds Dec 2027 Term Corporate ETF

Hedge funds and other institutional investors have recently modified their holdings of the business. JPMorgan Chase & Co. grew its stake in shares of iShares iBonds Dec 2027 Term Corporate ETF by 29.1% in the second quarter. JPMorgan Chase & Co. now owns 140,976 shares of the company’s stock worth $3,422,000 after acquiring an additional 31,756 shares during the last quarter. Flow Traders U.S. LLC acquired a new position in iShares iBonds Dec 2027 Term Corporate ETF in the second quarter valued at about $266,000. Ameriprise Financial Inc. increased its holdings in iShares iBonds Dec 2027 Term Corporate ETF by 18.7% during the 2nd quarter. Ameriprise Financial Inc. now owns 1,501,886 shares of the company’s stock worth $36,442,000 after purchasing an additional 236,150 shares in the last quarter. Captrust Financial Advisors grew its holdings in shares of iShares iBonds Dec 2027 Term Corporate ETF by 8.7% during the second quarter. Captrust Financial Advisors now owns 767,151 shares of the company’s stock worth $18,619,000 after buying an additional 61,365 shares in the last quarter. Finally, Integrated Wealth Concepts LLC lifted its position in shares of iShares iBonds Dec 2027 Term Corporate ETF by 13.2% in the third quarter. Integrated Wealth Concepts LLC now owns 219,945 shares of the company’s stock worth $5,353,000 after purchasing an additional 25,708 shares in 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.