Hurley Capital LLC Makes New $5.65 Million Investment in iShares iBonds 2025 Term High Yield and Income ETF (BATS:IBHE)

Hurley Capital LLC purchased a new stake in shares of iShares iBonds 2025 Term High Yield and Income ETF (BATS:IBHE) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 243,677 shares of the company’s stock, valued at approximately $5,650,000. iShares iBonds 2025 Term High Yield and Income ETF comprises approximately 4.6% of Hurley Capital LLC’s holdings, making the stock its 4th biggest position. Hurley Capital LLC owned 1.13% of iShares iBonds 2025 Term High Yield and Income ETF as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Private Trust Co. NA raised its position in iShares iBonds 2025 Term High Yield and Income ETF by 43.7% in the 4th quarter. Private Trust Co. NA now owns 2,644 shares of the company’s stock worth $61,000 after buying an additional 804 shares during the last quarter. JPMorgan Chase & Co. bought a new stake in shares of iShares iBonds 2025 Term High Yield and Income ETF in the fourth quarter worth approximately $214,000. Heartland Bank & Trust Co purchased a new position in shares of iShares iBonds 2025 Term High Yield and Income ETF during the fourth quarter valued at approximately $232,000. Janney Montgomery Scott LLC bought a new position in iShares iBonds 2025 Term High Yield and Income ETF during the fourth quarter valued at approximately $275,000. Finally, Klaas Financial Asset Advisors LLC boosted its holdings in iShares iBonds 2025 Term High Yield and Income ETF by 17.9% in the fourth quarter. Klaas Financial Asset Advisors LLC now owns 15,854 shares of the company’s stock worth $368,000 after purchasing an additional 2,408 shares during the last quarter.

iShares iBonds 2025 Term High Yield and Income ETF Trading Down 0.7 %

Shares of IBHE opened at $23.05 on Friday. The firm has a fifty day simple moving average of $23.23 and a two-hundred day simple moving average of $23.22. iShares iBonds 2025 Term High Yield and Income ETF has a 1-year low of $22.95 and a 1-year high of $23.45.

iShares iBonds 2025 Term High Yield and Income ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Thursday, March 6th. Stockholders of record on Monday, March 3rd were issued a dividend of $0.106 per share. The ex-dividend date of this dividend was Monday, March 3rd.

About iShares iBonds 2025 Term High Yield and Income ETF

The iShares iBonds 2025 Term High Yield and Income ETF (IBHE) 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 2025. The fund will terminate in December 2025.