Heartland Bank & Trust Co bought a new stake in shares of iShares iBonds 2029 Term High Yield and Income ETF (BATS:IBHI – Free Report) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 142,262 shares of the company’s stock, valued at approximately $3,253,000. iShares iBonds 2029 Term High Yield and Income ETF accounts for approximately 0.7% of Heartland Bank & Trust Co’s investment portfolio, making the stock its 28th biggest position. Heartland Bank & Trust Co owned about 1.92% of iShares iBonds 2029 Term High Yield and Income ETF at the end of the most recent quarter.
Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. NewEdge Advisors LLC boosted its stake in iShares iBonds 2029 Term High Yield and Income ETF by 18.1% in the 4th quarter. NewEdge Advisors LLC now owns 883,775 shares of the company’s stock worth $20,884,000 after purchasing an additional 135,322 shares during the period. Integrated Wealth Concepts LLC raised its position in shares of iShares iBonds 2029 Term High Yield and Income ETF by 17.4% during the fourth quarter. Integrated Wealth Concepts LLC now owns 87,297 shares of the company’s stock valued at $2,063,000 after buying an additional 12,955 shares during the last quarter. McIlrath & Eck LLC raised its position in shares of iShares iBonds 2029 Term High Yield and Income ETF by 101.3% during the first quarter. McIlrath & Eck LLC now owns 17,311 shares of the company’s stock valued at $403,000 after buying an additional 8,712 shares during the last quarter. Captrust Financial Advisors lifted its holdings in shares of iShares iBonds 2029 Term High Yield and Income ETF by 30.1% in the fourth quarter. Captrust Financial Advisors now owns 16,229 shares of the company’s stock worth $383,000 after buying an additional 3,750 shares in the last quarter. Finally, GAMMA Investing LLC lifted its holdings in shares of iShares iBonds 2029 Term High Yield and Income ETF by 142.2% in the second quarter. GAMMA Investing LLC now owns 12,725 shares of the company’s stock worth $298,000 after buying an additional 7,472 shares in the last quarter.
iShares iBonds 2029 Term High Yield and Income ETF Stock Performance
Shares of BATS:IBHI opened at $23.32 on Friday. The firm has a fifty day moving average price of $23.31 and a 200 day moving average price of $23.37. iShares iBonds 2029 Term High Yield and Income ETF has a fifty-two week low of $23.01 and a fifty-two week high of $23.90. The firm has a market cap of $172.57 million, a price-to-earnings ratio of 10.62 and a beta of 0.53.
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. IBHI was launched on Mar 8, 2022 and is managed by BlackRock.
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