Lbmc Investment Advisors LLC Raises Position in iShares iBonds 2031 Term High Yield and Income ETF $IBHK

Lbmc Investment Advisors LLC lifted its position in iShares iBonds 2031 Term High Yield and Income ETF (NYSEARCA:IBHK) by 365.2% during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 316,062 shares of the company’s stock after buying an additional 248,122 shares during the period. Lbmc Investment Advisors LLC owned about 24.31% of iShares iBonds 2031 Term High Yield and Income ETF worth $8,251,000 as of its most recent SEC filing.

Separately, Captrust Financial Advisors bought a new stake in shares of iShares iBonds 2031 Term High Yield and Income ETF during the second quarter valued at approximately $217,000.

iShares iBonds 2031 Term High Yield and Income ETF Stock Up 0.1%

IBHK stock opened at $25.86 on Thursday. iShares iBonds 2031 Term High Yield and Income ETF has a 12-month low of $23.40 and a 12-month high of $26.98. The stock’s 50 day simple moving average is $25.84 and its 200 day simple moving average is $25.82.

About iShares iBonds 2031 Term High Yield and Income ETF

The iShares iBonds 2031 Term High Yield and Income ETF (IBHK) 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 2031. The fund will terminate in December 2031 IBHK was launched on May 22, 2024 and is issued by BlackRock.