iShares iBonds 2028 Term High Yield and Income ETF $IBHH is Lbmc Investment Advisors LLC’s 7th Largest Position

Lbmc Investment Advisors LLC lifted its position in shares of iShares iBonds 2028 Term High Yield and Income ETF (BATS:IBHH) by 29.1% during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,515,968 shares of the company’s stock after purchasing an additional 342,056 shares during the quarter. iShares iBonds 2028 Term High Yield and Income ETF comprises 2.3% of Lbmc Investment Advisors LLC’s investment portfolio, making the stock its 7th biggest holding. Lbmc Investment Advisors LLC owned approximately 14.37% of iShares iBonds 2028 Term High Yield and Income ETF worth $36,171,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Captrust Financial Advisors purchased a new position in iShares iBonds 2028 Term High Yield and Income ETF during the second quarter valued at $271,000. Heartland Bank & Trust Co increased its stake in shares of iShares iBonds 2028 Term High Yield and Income ETF by 61.4% in the 2nd quarter. Heartland Bank & Trust Co now owns 20,961 shares of the company’s stock worth $497,000 after acquiring an additional 7,972 shares in the last quarter. Finally, Integrated Wealth Concepts LLC increased its stake in shares of iShares iBonds 2028 Term High Yield and Income ETF by 9.2% in the 1st quarter. Integrated Wealth Concepts LLC now owns 49,701 shares of the company’s stock worth $1,161,000 after acquiring an additional 4,174 shares in the last quarter.

iShares iBonds 2028 Term High Yield and Income ETF Price Performance

Shares of BATS IBHH opened at $23.68 on Thursday. iShares iBonds 2028 Term High Yield and Income ETF has a 1 year low of $21.74 and a 1 year high of $23.98. The firm has a 50-day moving average of $23.68 and a 200 day moving average of $23.67.

About iShares iBonds 2028 Term High Yield and Income ETF

The iShares iBonds 2028 Term High Yield and Income ETF (IBHH) 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 2028. The fund will terminate in December 2028.