iShares iBonds Dec 2027 Term Corporate ETF (NYSEARCA:IBDS) Reaches New 52-Week Low – Should You Sell?

iShares iBonds Dec 2027 Term Corporate ETF (NYSEARCA:IBDS) hit a new 52-week low during trading on Monday . The stock traded as low as $24.12 and last traded at $24.13, with a volume of 20170 shares. The stock had previously closed at $24.20.

iShares iBonds Dec 2027 Term Corporate ETF Trading Down 0.3%

The stock’s 50-day simple moving average is $24.18 and its two-hundred day simple moving average is $24.22.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the stock. Birchwood Financial Partners Inc. purchased a new position in iShares iBonds Dec 2027 Term Corporate ETF in the 4th quarter valued at about $50,000. Ascentis Independent Advisors purchased a new stake in iShares iBonds Dec 2027 Term Corporate ETF during the 1st quarter worth approximately $85,000. Front Row Advisors LLC increased its stake in iShares iBonds Dec 2027 Term Corporate ETF by 250.0% during the 3rd quarter. Front Row Advisors LLC now owns 4,200 shares of the company’s stock worth $102,000 after buying an additional 3,000 shares in the last quarter. BOKF NA acquired a new position in shares of iShares iBonds Dec 2027 Term Corporate ETF during the fourth quarter valued at approximately $126,000. Finally, Flagship Harbor Advisors LLC acquired a new position in shares of iShares iBonds Dec 2027 Term Corporate ETF during the fourth quarter valued at approximately $131,000.

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.