ADG Wealth Management Group LLC Makes New Investment in iShares iBonds Dec 2027 Term Corporate ETF $IBDS

ADG Wealth Management Group LLC acquired a new stake in shares of iShares iBonds Dec 2027 Term Corporate ETF (NYSEARCA:IBDS) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund acquired 23,722 shares of the company’s stock, valued at approximately $576,000. iShares iBonds Dec 2027 Term Corporate ETF comprises 0.4% of ADG Wealth Management Group LLC’s portfolio, making the stock its 20th largest holding.

Several other hedge funds and other institutional investors have also made changes to their positions in IBDS. Hollencrest Capital Management bought a new position in iShares iBonds Dec 2027 Term Corporate ETF during the 2nd quarter valued at about $27,000. High Note Wealth LLC purchased a new stake in iShares iBonds Dec 2027 Term Corporate ETF in the 3rd quarter worth about $29,000. Burkett Financial Services LLC bought a new stake in iShares iBonds Dec 2027 Term Corporate ETF in the fourth quarter worth about $61,000. Front Row Advisors LLC lifted its stake in iShares iBonds Dec 2027 Term Corporate ETF by 250.0% in the third quarter. Front Row Advisors LLC now owns 4,200 shares of the company’s stock worth $102,000 after purchasing an additional 3,000 shares during the last quarter. Finally, CNB Bank purchased a new position in shares of iShares iBonds Dec 2027 Term Corporate ETF during the third quarter valued at approximately $198,000.

iShares iBonds Dec 2027 Term Corporate ETF Stock Up 0.2%

IBDS opened at $24.24 on Wednesday. The stock’s 50 day moving average price is $24.27 and its 200-day moving average price is $24.29. iShares iBonds Dec 2027 Term Corporate ETF has a one year low of $23.89 and a one year high of $24.52.

iShares iBonds Dec 2027 Term Corporate ETF 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.