JPMorgan Chase & Co. Sells 11,026 Shares of iShares iBonds 2027 Term High Yield and Income ETF (BATS:IBHG)

JPMorgan Chase & Co. lessened its stake in shares of iShares iBonds 2027 Term High Yield and Income ETF (BATS:IBHG) by 67.8% in the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 5,231 shares of the company’s stock after selling 11,026 shares during the period. JPMorgan Chase & Co. owned about 0.11% of iShares iBonds 2027 Term High Yield and Income ETF worth $118,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of IBHG. Lbmc Investment Advisors LLC increased its holdings in shares of iShares iBonds 2027 Term High Yield and Income ETF by 77.9% in the 3rd quarter. Lbmc Investment Advisors LLC now owns 347,150 shares of the company’s stock valued at $7,846,000 after acquiring an additional 152,044 shares during the period. GAMMA Investing LLC grew its stake in iShares iBonds 2027 Term High Yield and Income ETF by 284.8% in the third quarter. GAMMA Investing LLC now owns 127,128 shares of the company’s stock valued at $2,873,000 after purchasing an additional 94,091 shares during the last quarter. Finally, Integrated Wealth Concepts LLC grew its stake in iShares iBonds 2027 Term High Yield and Income ETF by 2.7% in the third quarter. Integrated Wealth Concepts LLC now owns 46,857 shares of the company’s stock valued at $1,059,000 after purchasing an additional 1,254 shares during the last quarter.

iShares iBonds 2027 Term High Yield and Income ETF Stock Up 0.8 %

IBHG stock opened at $22.49 on Monday. The firm’s 50 day moving average price is $22.36 and its 200-day moving average price is $22.37.

iShares iBonds 2027 Term High Yield and Income ETF Cuts Dividend

The company also recently announced a dividend, which will be paid on Thursday, February 6th. Shareholders of record on Monday, February 3rd will be paid a $0.118 dividend. The ex-dividend date is Monday, February 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.