iShares iBonds Dec 2027 Term Corporate ETF (NYSEARCA:IBDS) Hits New 12-Month Low – Should You Sell?

iShares iBonds Dec 2027 Term Corporate ETF (NYSEARCA:IBDSGet Free Report)’s share price hit a new 52-week low on Tuesday . The company traded as low as $24.12 and last traded at $24.14, with a volume of 24696 shares traded. The stock had previously closed at $24.20.

iShares iBonds Dec 2027 Term Corporate ETF Stock Performance

The company’s 50-day moving average is $24.17 and its 200-day moving average is $24.20.

Hedge Funds Weigh In On iShares iBonds Dec 2027 Term Corporate ETF

Institutional investors have recently modified their holdings of the business. Birchwood Financial Partners Inc. bought a new stake in shares of iShares iBonds Dec 2027 Term Corporate ETF during the 4th quarter worth $50,000. Ascentis Independent Advisors bought a new position in iShares iBonds Dec 2027 Term Corporate ETF in the first quarter valued at about $85,000. NBH Bank acquired a new position in iShares iBonds Dec 2027 Term Corporate ETF during the second quarter worth about $85,000. Front Row Advisors LLC raised its stake in iShares iBonds Dec 2027 Term Corporate ETF by 250.0% during the third quarter. Front Row Advisors LLC now owns 4,200 shares of the company’s stock worth $102,000 after acquiring an additional 3,000 shares in the last quarter. Finally, BOKF NA bought a new position in shares of iShares iBonds Dec 2027 Term Corporate ETF in the fourth quarter worth about $126,000.

About iShares iBonds Dec 2027 Term Corporate ETF

(Get Free Report)

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.

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