Spinnaker Trust Buys 129,587 Shares of iShares iBonds Dec 2027 Term Corporate ETF (NYSEARCA:IBDS)

Spinnaker Trust raised its stake in shares of iShares iBonds Dec 2027 Term Corporate ETF (NYSEARCA:IBDS) by 53.0% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 373,877 shares of the company’s stock after purchasing an additional 129,587 shares during the period. Spinnaker Trust owned 0.38% of iShares iBonds Dec 2027 Term Corporate ETF worth $8,958,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of IBDS. Buffington Mohr McNeal raised its position in iShares iBonds Dec 2027 Term Corporate ETF by 54.0% during the 3rd quarter. Buffington Mohr McNeal now owns 59,121 shares of the company’s stock worth $1,441,000 after purchasing an additional 20,736 shares during the last quarter. Eastern Bank bought a new position in iShares iBonds Dec 2027 Term Corporate ETF during the 3rd quarter worth $25,000. Heartland Bank & Trust Co raised its position in iShares iBonds Dec 2027 Term Corporate ETF by 43.6% during the 3rd quarter. Heartland Bank & Trust Co now owns 46,127 shares of the company’s stock worth $1,124,000 after purchasing an additional 14,002 shares during the last quarter. Bogart Wealth LLC raised its position in iShares iBonds Dec 2027 Term Corporate ETF by 14.8% during the 3rd quarter. Bogart Wealth LLC now owns 6,425 shares of the company’s stock worth $157,000 after purchasing an additional 828 shares during the last quarter. Finally, Lyell Wealth Management LP raised its position in shares of iShares iBonds Dec 2027 Term Corporate ETF by 11.8% in the 3rd quarter. Lyell Wealth Management LP now owns 346,431 shares of the company’s stock worth $8,443,000 after acquiring an additional 36,563 shares in the last quarter.

iShares iBonds Dec 2027 Term Corporate ETF Price Performance

IBDS stock opened at $24.04 on Friday. The stock has a 50-day moving average price of $23.99 and a 200-day moving average price of $24.10. iShares iBonds Dec 2027 Term Corporate ETF has a 1-year low of $23.44 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.