Peloton Wealth Strategists Has $3.71 Million Holdings in iShares iBonds 2023 Term High Yield and Income ETF (BATS:IBHC)

Peloton Wealth Strategists boosted its stake in iShares iBonds 2023 Term High Yield and Income ETF (BATS:IBHC) by 1.7% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 157,075 shares of the company’s stock after purchasing an additional 2,675 shares during the quarter. iShares iBonds 2023 Term High Yield and Income ETF comprises about 1.6% of Peloton Wealth Strategists’ investment portfolio, making the stock its 24th largest holding. Peloton Wealth Strategists owned about 1.94% of iShares iBonds 2023 Term High Yield and Income ETF worth $3,712,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently added to or reduced their stakes in IBHC. Flow Traders U.S. LLC bought a new stake in shares of iShares iBonds 2023 Term High Yield and Income ETF in the 4th quarter valued at about $823,000. Janney Montgomery Scott LLC boosted its position in shares of iShares iBonds 2023 Term High Yield and Income ETF by 7.0% during the first quarter. Janney Montgomery Scott LLC now owns 176,867 shares of the company’s stock worth $4,176,000 after purchasing an additional 11,600 shares in the last quarter. Integrated Wealth Concepts LLC grew its holdings in shares of iShares iBonds 2023 Term High Yield and Income ETF by 38.2% in the 1st quarter. Integrated Wealth Concepts LLC now owns 123,305 shares of the company’s stock valued at $2,911,000 after buying an additional 34,068 shares during the period. Finally, Cambridge Investment Research Advisors Inc. bought a new stake in shares of iShares iBonds 2023 Term High Yield and Income ETF in the 1st quarter valued at $354,000.

iShares iBonds 2023 Term High Yield and Income ETF Trading Up 0.3 %

IBHC stock traded up $0.06 during midday trading on Monday, hitting $23.62. 12,928 shares of the company’s stock were exchanged. The stock’s 50 day moving average is $23.61 and its two-hundred day moving average is $23.60.

iShares iBonds 2023 Term High Yield and Income ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Friday, October 6th. Investors of record on Tuesday, October 3rd were given a $0.0913 dividend. The ex-dividend date of this dividend was Monday, October 2nd.

About iShares iBonds 2023 Term High Yield and Income ETF

The iShares iBonds 2023 Term High Yield and Income ETF (IBHC) 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 2023. The fund will terminate in December 2023.