Peloton Wealth Strategists Grows Position in iShares iBonds 2024 Term High Yield and Income ETF (BATS:IBHD)

Peloton Wealth Strategists grew its stake in iShares iBonds 2024 Term High Yield and Income ETF (BATS:IBHD) by 9.1% in the second quarter, HoldingsChannel.com reports. The institutional investor owned 67,135 shares of the company’s stock after buying an additional 5,625 shares during the period. Peloton Wealth Strategists’ holdings in iShares iBonds 2024 Term High Yield and Income ETF were worth $1,549,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also recently made changes to their positions in IBHD. Arrow Financial Corp grew its stake in shares of iShares iBonds 2024 Term High Yield and Income ETF by 98.7% during the 2nd quarter. Arrow Financial Corp now owns 772,228 shares of the company’s stock valued at $17,823,000 after acquiring an additional 383,599 shares during the period. Integrated Wealth Concepts LLC boosted its holdings in iShares iBonds 2024 Term High Yield and Income ETF by 22.6% in the 1st quarter. Integrated Wealth Concepts LLC now owns 127,995 shares of the company’s stock worth $2,961,000 after buying an additional 23,555 shares during the period. Lbmc Investment Advisors LLC increased its stake in iShares iBonds 2024 Term High Yield and Income ETF by 12.5% in the 2nd quarter. Lbmc Investment Advisors LLC now owns 41,069 shares of the company’s stock worth $948,000 after buying an additional 4,550 shares in the last quarter. NewEdge Advisors LLC raised its holdings in iShares iBonds 2024 Term High Yield and Income ETF by 14.2% during the first quarter. NewEdge Advisors LLC now owns 36,849 shares of the company’s stock valued at $852,000 after acquiring an additional 4,595 shares during the period. Finally, Cambridge Investment Research Advisors Inc. raised its holdings in iShares iBonds 2024 Term High Yield and Income ETF by 6.6% during the second quarter. Cambridge Investment Research Advisors Inc. now owns 31,542 shares of the company’s stock valued at $728,000 after acquiring an additional 1,939 shares during the period.

iShares iBonds 2024 Term High Yield and Income ETF Stock Up 0.1 %

Shares of BATS IBHD traded up $0.03 during mid-day trading on Monday, reaching $23.16. The company’s stock had a trading volume of 92,193 shares. The firm’s 50 day simple moving average is $23.11 and its two-hundred day simple moving average is $23.06.

iShares iBonds 2024 Term High Yield and Income ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Friday, October 6th. Stockholders of record on Tuesday, October 3rd were issued a $0.1328 dividend. The ex-dividend date of this dividend was Monday, October 2nd.

About iShares iBonds 2024 Term High Yield and Income ETF

The iShares iBonds 2024 Term High Yield and Income ETF (IBHD) 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 2024. The fund will terminate in December 2024.