Adirondack Trust Co. Has $814,000 Position in iShares iBonds Dec 2027 Term Corporate ETF (NYSEARCA:IBDS)

Adirondack Trust Co. raised its holdings in shares of iShares iBonds Dec 2027 Term Corporate ETF (NYSEARCA:IBDS) by 29.8% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 33,997 shares of the company’s stock after purchasing an additional 7,812 shares during the quarter. Adirondack Trust Co.’s holdings in iShares iBonds Dec 2027 Term Corporate ETF were worth $814,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Janney Montgomery Scott LLC boosted its holdings in shares of iShares iBonds Dec 2027 Term Corporate ETF by 4.6% during the fourth quarter. Janney Montgomery Scott LLC now owns 214,233 shares of the company’s stock worth $5,133,000 after acquiring an additional 9,456 shares during the period. First United Bank & Trust bought a new stake in iShares iBonds Dec 2027 Term Corporate ETF in the 4th quarter valued at $48,000. Harbor Investment Advisory LLC grew its holdings in iShares iBonds Dec 2027 Term Corporate ETF by 2.7% in the 4th quarter. Harbor Investment Advisory LLC now owns 40,550 shares of the company’s stock valued at $972,000 after buying an additional 1,077 shares in the last quarter. Lbmc Investment Advisors LLC increased its position in iShares iBonds Dec 2027 Term Corporate ETF by 496.6% during the 4th quarter. Lbmc Investment Advisors LLC now owns 69,381 shares of the company’s stock worth $1,662,000 after buying an additional 57,751 shares during the period. Finally, Roble Belko & Company Inc lifted its holdings in shares of iShares iBonds Dec 2027 Term Corporate ETF by 10.2% during the fourth quarter. Roble Belko & Company Inc now owns 15,865 shares of the company’s stock worth $380,000 after buying an additional 1,466 shares in the last quarter.

iShares iBonds Dec 2027 Term Corporate ETF Stock Performance

IBDS stock opened at $24.00 on Thursday. iShares iBonds Dec 2027 Term Corporate ETF has a 52 week low of $23.44 and a 52 week high of $24.68. The company’s 50-day simple moving average is $24.00 and its 200 day simple moving average is $24.08.

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.