iShares iBonds Dec 2027 Term Corporate ETF (NYSEARCA:IBDS) Sees Unusually-High Trading Volume – Still a Buy?

iShares iBonds Dec 2027 Term Corporate ETF (NYSEARCA:IBDS) saw unusually-strong trading volume on Wednesday . Approximately 3,455,377 shares were traded during trading, an increase of 389% from the previous session’s volume of 706,539 shares.The stock last traded at $24.03 and had previously closed at $24.02.

iShares iBonds Dec 2027 Term Corporate ETF Stock Performance

The business’s fifty day moving average price is $23.99 and its 200-day moving average price is $24.10.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of the business. RVW Wealth LLC raised its stake in iShares iBonds Dec 2027 Term Corporate ETF by 9.2% during the 4th quarter. RVW Wealth LLC now owns 956,044 shares of the company’s stock valued at $22,907,000 after purchasing an additional 80,187 shares during the period. Captrust Financial Advisors grew its holdings in iShares iBonds Dec 2027 Term Corporate ETF by 42.3% during the 4th quarter. Captrust Financial Advisors now owns 589,568 shares of the company’s stock valued at $14,126,000 after buying an additional 175,143 shares in the last quarter. Arrow Financial Corp raised its position in shares of iShares iBonds Dec 2027 Term Corporate ETF by 4.0% during the fourth quarter. Arrow Financial Corp now owns 579,725 shares of the company’s stock valued at $13,890,000 after buying an additional 22,092 shares during the last quarter. Spinnaker Trust lifted its holdings in shares of iShares iBonds Dec 2027 Term Corporate ETF by 53.0% in the fourth quarter. Spinnaker Trust now owns 373,877 shares of the company’s stock worth $8,958,000 after buying an additional 129,587 shares in the last quarter. Finally, Lyell Wealth Management LP boosted its position in shares of iShares iBonds Dec 2027 Term Corporate ETF by 5.0% during the fourth quarter. Lyell Wealth Management LP now owns 363,921 shares of the company’s stock worth $8,720,000 after acquiring an additional 17,490 shares during 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.