NewEdge Advisors LLC Grows Stock Holdings in iShares iBonds 2029 Term High Yield and Income ETF (BATS:IBHI)

NewEdge Advisors LLC lifted its stake in shares of iShares iBonds 2029 Term High Yield and Income ETF (BATS:IBHI) by 35.6% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 3,595 shares of the company’s stock after acquiring an additional 943 shares during the quarter. NewEdge Advisors LLC owned approximately 0.20% of iShares iBonds 2029 Term High Yield and Income ETF worth $84,000 at the end of the most recent reporting period.

Separately, JPMorgan Chase & Co. purchased a new position in iShares iBonds 2029 Term High Yield and Income ETF during the 3rd quarter worth $1,672,000.

iShares iBonds 2029 Term High Yield and Income ETF Trading Down 2.0 %

Shares of IBHI stock opened at $23.03 on Friday. iShares iBonds 2029 Term High Yield and Income ETF has a twelve month low of $21.75 and a twelve month high of $24.54. The stock has a fifty day simple moving average of $23.09 and a two-hundred day simple moving average of $23.45. The stock has a market capitalization of $156.60 million, a price-to-earnings ratio of 10.70 and a beta of 0.54.

iShares iBonds 2029 Term High Yield and Income ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Thursday, March 6th. Investors of record on Monday, March 3rd were paid a $0.1402 dividend. The ex-dividend date of this dividend was Monday, March 3rd. This is a positive change from iShares iBonds 2029 Term High Yield and Income ETF’s previous dividend of $0.13.

iShares iBonds 2029 Term High Yield and Income ETF Profile

The iShares iBonds 2029 Term High Yield and Income ETF (IBHI) is an exchange-traded fund that mostly invests in high yield fixed income. The fund tracks a market-value-weighted index of USD-denominated, high yield and BBB-rated corporate bonds maturing in 2029. The fund will terminate in December 2029.