Parallel Advisors LLC trimmed its stake in iShares iBonds 2027 Term High Yield and Income ETF (BATS:IBHG – Free Report) by 69.2% during the third quarter, according to its most recent disclosure with the SEC. The fund owned 118,512 shares of the company’s stock after selling 265,854 shares during the quarter. Parallel Advisors LLC owned approximately 0.84% of iShares iBonds 2027 Term High Yield and Income ETF worth $2,581,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors also recently modified their holdings of the company. Bank of New York Mellon Corp bought a new position in shares of iShares iBonds 2027 Term High Yield and Income ETF during the first quarter worth about $8,868,000. Roble Belko & Company Inc acquired a new stake in shares of iShares iBonds 2027 Term High Yield and Income ETF in the 2nd quarter worth about $2,183,000. Sterling Investment Advisors Ltd. bought a new stake in iShares iBonds 2027 Term High Yield and Income ETF in the 2nd quarter valued at about $404,000. Arkadios Wealth Advisors bought a new stake in iShares iBonds 2027 Term High Yield and Income ETF in the 1st quarter valued at about $205,000. Finally, GAMMA Investing LLC lifted its position in iShares iBonds 2027 Term High Yield and Income ETF by 148.3% in the 2nd quarter. GAMMA Investing LLC now owns 13,715 shares of the company’s stock valued at $303,000 after purchasing an additional 8,192 shares during the last quarter.
iShares iBonds 2027 Term High Yield and Income ETF Price Performance
iShares iBonds 2027 Term High Yield and Income ETF stock opened at $21.67 on Monday. The firm has a 50-day moving average price of $21.79 and a two-hundred day moving average price of $22.02. iShares iBonds 2027 Term High Yield and Income ETF has a 52-week low of $21.62 and a 52-week high of $22.41.
iShares iBonds 2027 Term High Yield and Income ETF Company Profile
The iShares iBonds 2027 Term High Yield and Income ETF (IBHG) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund tracks a market-value-weighted index of USD-denominated, high yield and BBB-rated corporate bonds maturing in 2027. The fund will terminate in December 2027. IBHG was launched on Jul 7, 2021 and is managed by BlackRock.
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