GAMMA Investing LLC Invests $552,000 in iShares iBonds 2027 Term High Yield and Income ETF (BATS:IBHG)

GAMMA Investing LLC acquired a new stake in shares of iShares iBonds 2027 Term High Yield and Income ETF (BATS:IBHG) during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund acquired 24,793 shares of the company’s stock, valued at approximately $552,000. GAMMA Investing LLC owned approximately 1.55% of iShares iBonds 2027 Term High Yield and Income ETF at the end of the most recent reporting period.

iShares iBonds 2027 Term High Yield and Income ETF Trading Up 0.2 %

Shares of iShares iBonds 2027 Term High Yield and Income ETF stock opened at $22.06 on Thursday. The company has a 50-day moving average price of $21.99 and a 200 day moving average price of $22.11.

iShares iBonds 2027 Term High Yield and Income ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Friday, June 7th. Shareholders of record on Monday, June 3rd were given a dividend of $0.1248 per share. The ex-dividend date of this dividend was Monday, June 3rd.

About iShares iBonds 2027 Term High Yield and Income ETF

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.