Lbmc Investment Advisors LLC Acquires 193,264 Shares of iShares iBonds 2027 Term High Yield and Income ETF (BATS:IBHG)

Lbmc Investment Advisors LLC boosted its holdings in shares of iShares iBonds 2027 Term High Yield and Income ETF (BATS:IBHG) by 55.7% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 540,414 shares of the company’s stock after purchasing an additional 193,264 shares during the period. iShares iBonds 2027 Term High Yield and Income ETF accounts for approximately 0.9% of Lbmc Investment Advisors LLC’s holdings, making the stock its 17th largest holding. Lbmc Investment Advisors LLC owned approximately 11.03% of iShares iBonds 2027 Term High Yield and Income ETF worth $12,019,000 at the end of the most recent quarter.

Separately, GAMMA Investing LLC increased its stake in shares of iShares iBonds 2027 Term High Yield and Income ETF by 44.7% in the fourth quarter. GAMMA Investing LLC now owns 183,996 shares of the company’s stock valued at $4,092,000 after buying an additional 56,868 shares in the last quarter.

iShares iBonds 2027 Term High Yield and Income ETF Stock Performance

Shares of BATS IBHG opened at $22.42 on Friday. The stock’s 50-day moving average is $22.35 and its 200-day moving average is $22.34.

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.