Sandy Spring Bank Acquires 1,627 Shares of iShares iBonds Dec 2027 Term Corporate ETF (NYSEARCA:IBDS)

Sandy Spring Bank grew its holdings in shares of iShares iBonds Dec 2027 Term Corporate ETF (NYSEARCA:IBDS) by 0.7% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 238,974 shares of the company’s stock after purchasing an additional 1,627 shares during the quarter. Sandy Spring Bank owned about 0.24% of iShares iBonds Dec 2027 Term Corporate ETF worth $5,726,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Bank of Jackson Hole Trust purchased a new stake in shares of iShares iBonds Dec 2027 Term Corporate ETF in the fourth quarter worth about $42,000. First United Bank & Trust purchased a new stake in shares of iShares iBonds Dec 2027 Term Corporate ETF in the fourth quarter worth about $48,000. Wilmington Savings Fund Society FSB purchased a new stake in shares of iShares iBonds Dec 2027 Term Corporate ETF in the fourth quarter worth about $158,000. First Horizon Advisors Inc. lifted its holdings in shares of iShares iBonds Dec 2027 Term Corporate ETF by 173.5% in the fourth quarter. First Horizon Advisors Inc. now owns 8,392 shares of the company’s stock worth $201,000 after buying an additional 5,324 shares in the last quarter. Finally, Horizons Wealth Management raised its stake in iShares iBonds Dec 2027 Term Corporate ETF by 12.2% in the fourth quarter. Horizons Wealth Management now owns 8,641 shares of the company’s stock valued at $207,000 after purchasing an additional 941 shares in the last quarter.

iShares iBonds Dec 2027 Term Corporate ETF Stock Up 0.3 %

Shares of IBDS opened at $24.14 on Thursday. The firm’s 50 day simple moving average is $24.04 and its 200 day simple moving average is $24.09. 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 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.