Exchange Capital Management Inc. Sells 3,531 Shares of iShares iBonds Dec 2027 Term Corporate ETF (IBDS)

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Exchange Capital Management Inc. lessened its position in iShares iBonds Dec 2027 Term Corporate ETF (NYSEARCA:IBDS) by 11.0% during the first quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 28,591 shares of the company’s stock after selling 3,531 shares during the quarter. Exchange Capital Management Inc.’s holdings in iShares iBonds Dec 2027 Term Corporate ETF were worth $701,000 as of its most recent filing with the SEC.

Other institutional investors have also recently made changes to their positions in the company. Archford Capital Strategies LLC raised its position in iShares iBonds Dec 2027 Term Corporate ETF by 21.3% in the 4th quarter. Archford Capital Strategies LLC now owns 8,059 shares of the company’s stock valued at $189,000 after buying an additional 1,415 shares during the last quarter. IFP Advisors Inc raised its position in iShares iBonds Dec 2027 Term Corporate ETF by 22.9% in the 4th quarter. IFP Advisors Inc now owns 8,890 shares of the company’s stock valued at $207,000 after buying an additional 1,656 shares during the last quarter. Finally, Confluence Investment Management LLC raised its position in iShares iBonds Dec 2027 Term Corporate ETF by 30.0% in the 1st quarter. Confluence Investment Management LLC now owns 458,037 shares of the company’s stock valued at $11,236,000 after buying an additional 105,794 shares during the last quarter.

Shares of iShares iBonds Dec 2027 Term Corporate ETF stock opened at $24.39 on Thursday. iShares iBonds Dec 2027 Term Corporate ETF has a 52-week low of $22.96 and a 52-week high of $24.63.

The business also recently declared a monthly dividend, which was paid on Friday, April 5th. Shareholders of record on Tuesday, April 2nd were given a dividend of $0.0743 per share. This represents a $0.89 annualized dividend and a dividend yield of 3.65%. The ex-dividend date of this dividend was Monday, April 1st.

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Institutional Ownership by Quarter for iShares iBonds Dec 2027 Term Corporate ETF (NYSEARCA:IBDS)

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