iShares iBonds 2025 Term High Yield and Income ETF (BATS:IBHE) Trading Up 0.1% – Here’s Why

iShares iBonds 2025 Term High Yield and Income ETF (BATS:IBHE)’s stock price were up 0.1% during mid-day trading on Monday . The company traded as high as $23.24 and last traded at $23.23. Approximately 290,165 shares changed hands during mid-day trading, The stock had previously closed at $23.21.

iShares iBonds 2025 Term High Yield and Income ETF Stock Performance

The firm has a 50 day moving average price of $23.22 and a two-hundred day moving average price of $23.23.

iShares iBonds 2025 Term High Yield and Income ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Friday, September 6th. Stockholders of record on Tuesday, September 3rd were issued a dividend of $0.1413 per share. This is an increase from iShares iBonds 2025 Term High Yield and Income ETF’s previous dividend of $0.14. The ex-dividend date was Tuesday, September 3rd.

Hedge Funds Weigh In On iShares iBonds 2025 Term High Yield and Income ETF

Several hedge funds and other institutional investors have recently modified their holdings of IBHE. Integrated Wealth Concepts LLC lifted its position in shares of iShares iBonds 2025 Term High Yield and Income ETF by 81.3% during the 3rd quarter. Integrated Wealth Concepts LLC now owns 130,965 shares of the company’s stock valued at $3,051,000 after buying an additional 58,725 shares in the last quarter. Rebalance LLC purchased a new position in iShares iBonds 2025 Term High Yield and Income ETF during the third quarter valued at approximately $505,000. Lbmc Investment Advisors LLC boosted its position in shares of iShares iBonds 2025 Term High Yield and Income ETF by 23.0% in the third quarter. Lbmc Investment Advisors LLC now owns 177,025 shares of the company’s stock worth $4,125,000 after purchasing an additional 33,115 shares during the period. Sunbelt Securities Inc. increased its stake in shares of iShares iBonds 2025 Term High Yield and Income ETF by 9.9% in the second quarter. Sunbelt Securities Inc. now owns 22,190 shares of the company’s stock worth $516,000 after purchasing an additional 2,000 shares in the last quarter. Finally, Mascoma Wealth Management LLC raised its position in shares of iShares iBonds 2025 Term High Yield and Income ETF by 7,156.3% during the 2nd quarter. Mascoma Wealth Management LLC now owns 13,932 shares of the company’s stock valued at $324,000 after purchasing an additional 13,740 shares during the period.

About iShares iBonds 2025 Term High Yield and Income ETF

The iShares iBonds 2025 Term High Yield and Income ETF (IBHE) 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 2025. The fund will terminate in December 2025.