NewEdge Advisors LLC Boosts Stock Position in iShares iBonds 2027 Term High Yield and Income ETF $IBHG

NewEdge Advisors LLC grew its holdings in shares of iShares iBonds 2027 Term High Yield and Income ETF (BATS:IBHG) by 191.8% during the 1st quarter, according to its most recent Form 13F filing with the SEC. The firm owned 166,888 shares of the company’s stock after buying an additional 109,689 shares during the period. NewEdge Advisors LLC owned 1.35% of iShares iBonds 2027 Term High Yield and Income ETF worth $3,726,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. GAMMA Investing LLC raised its stake in iShares iBonds 2027 Term High Yield and Income ETF by 2,709.1% in the first quarter. GAMMA Investing LLC now owns 5,168,640 shares of the company’s stock worth $115,390,000 after buying an additional 4,984,644 shares in the last quarter. Lbmc Investment Advisors LLC increased its position in shares of iShares iBonds 2027 Term High Yield and Income ETF by 58.6% during the first quarter. Lbmc Investment Advisors LLC now owns 857,119 shares of the company’s stock valued at $19,135,000 after acquiring an additional 316,705 shares in the last quarter. Captrust Financial Advisors bought a new position in shares of iShares iBonds 2027 Term High Yield and Income ETF during the fourth quarter valued at $369,000. OLD Mission Capital LLC purchased a new stake in shares of iShares iBonds 2027 Term High Yield and Income ETF during the 1st quarter valued at about $348,000. Finally, Parallel Advisors LLC purchased a new stake in iShares iBonds 2027 Term High Yield and Income ETF during the 1st quarter valued at $324,000.

iShares iBonds 2027 Term High Yield and Income ETF Price Performance

IBHG stock opened at $22.45 on Wednesday. The business’s 50-day moving average is $22.44 and its two-hundred day moving average is $22.33. iShares iBonds 2027 Term High Yield and Income ETF has a fifty-two week low of $21.19 and a fifty-two week high of $22.73.

iShares iBonds 2027 Term High Yield and Income ETF 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.