Parallel Advisors LLC Has $5.90 Million Stock Position in iShares iBonds Dec 2027 Term Corporate ETF (NYSEARCA:IBDS)

Parallel Advisors LLC boosted its holdings in shares of iShares iBonds Dec 2027 Term Corporate ETF (NYSEARCA:IBDS) by 25.3% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 246,215 shares of the company’s stock after acquiring an additional 49,663 shares during the quarter. Parallel Advisors LLC owned 0.25% of iShares iBonds Dec 2027 Term Corporate ETF worth $5,899,000 at the end of the most recent quarter.

Several other institutional investors have also made changes to their positions in the company. Bank of Jackson Hole Trust bought a new position in iShares iBonds Dec 2027 Term Corporate ETF in the 4th quarter worth approximately $42,000. Coastline Trust Co bought a new stake in iShares iBonds Dec 2027 Term Corporate ETF in the third quarter valued at $46,000. First United Bank & Trust bought a new stake in iShares iBonds Dec 2027 Term Corporate ETF in the fourth quarter valued at $48,000. Wilmington Savings Fund Society FSB acquired a new position in iShares iBonds Dec 2027 Term Corporate ETF in the fourth quarter worth $158,000. Finally, First Horizon Advisors Inc. boosted its stake in 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 purchasing an additional 5,324 shares in the last quarter.

iShares iBonds Dec 2027 Term Corporate ETF Stock Down 0.1 %

Shares of IBDS opened at $24.05 on Tuesday. iShares iBonds Dec 2027 Term Corporate ETF has a 12-month low of $23.44 and a 12-month high of $24.68. The stock’s fifty day simple moving average is $24.04 and its 200-day simple moving average is $24.09.

About iShares iBonds Dec 2027 Term Corporate ETF

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.