Confluence Investment Management LLC Sells 1,455 Shares of iShares iBonds Dec 2027 Term Corporate ETF (NYSEARCA:IBDS)

Confluence Investment Management LLC cut its position in iShares iBonds Dec 2027 Term Corporate ETF (NYSEARCA:IBDS) by 0.9% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 169,131 shares of the company’s stock after selling 1,455 shares during the quarter. Confluence Investment Management LLC owned 0.17% of iShares iBonds Dec 2027 Term Corporate ETF worth $4,013,000 as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in IBDS. Leavell Investment Management Inc. raised its position in shares of iShares iBonds Dec 2027 Term Corporate ETF by 62.3% during the fourth quarter. Leavell Investment Management Inc. now owns 63,881 shares of the company’s stock worth $1,529,000 after acquiring an additional 24,531 shares during the last quarter. Prime Capital Investment Advisors LLC acquired a new stake in iShares iBonds Dec 2027 Term Corporate ETF during the fourth quarter worth approximately $1,096,000. Buffington Mohr McNeal acquired a new stake in iShares iBonds Dec 2027 Term Corporate ETF during the fourth quarter worth approximately $295,000. Migdal Insurance & Financial Holdings Ltd. acquired a new stake in iShares iBonds Dec 2027 Term Corporate ETF during the fourth quarter worth approximately $72,000. Finally, PSI Advisors LLC grew its stake in iShares iBonds Dec 2027 Term Corporate ETF by 76.7% during the fourth quarter. PSI Advisors LLC now owns 4,400 shares of the company’s stock worth $105,000 after purchasing an additional 1,910 shares during the period.

iShares iBonds Dec 2027 Term Corporate ETF Trading Up 0.5 %

NYSEARCA IBDS traded up $0.13 during trading hours on Friday, hitting $24.12. 271,772 shares of the company’s stock were exchanged, compared to its average volume of 384,617. The stock has a 50-day simple moving average of $23.79 and a 200 day simple moving average of $23.74. iShares iBonds Dec 2027 Term Corporate ETF has a 1-year low of $22.80 and a 1-year high of $24.14.

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.