Klaas Financial Asset Advisors LLC Sells 4,274 Shares of iShares iBonds 2025 Term High Yield and Income ETF (BATS:IBHE)

Klaas Financial Asset Advisors LLC cut its holdings in shares of iShares iBonds 2025 Term High Yield and Income ETF (BATS:IBHE) by 24.1% during the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 13,446 shares of the company’s stock after selling 4,274 shares during the period. Klaas Financial Asset Advisors LLC owned 0.06% of iShares iBonds 2025 Term High Yield and Income ETF worth $313,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Janney Montgomery Scott LLC acquired a new stake in iShares iBonds 2025 Term High Yield and Income ETF in the first quarter valued at approximately $267,000. Comerica Bank boosted its stake in iShares iBonds 2025 Term High Yield and Income ETF by 31.1% in the first quarter. Comerica Bank now owns 6,225 shares of the company’s stock valued at $146,000 after acquiring an additional 1,475 shares in the last quarter. Exchange Capital Management Inc. acquired a new stake in iShares iBonds 2025 Term High Yield and Income ETF in the first quarter valued at approximately $252,000. Sunbelt Securities Inc. boosted its stake in iShares iBonds 2025 Term High Yield and Income ETF by 4.1% in the first quarter. Sunbelt Securities Inc. now owns 20,190 shares of the company’s stock valued at $472,000 after acquiring an additional 788 shares in the last quarter. Finally, GAMMA Investing LLC raised its holdings in shares of iShares iBonds 2025 Term High Yield and Income ETF by 124.0% in the second quarter. GAMMA Investing LLC now owns 52,199 shares of the company’s stock worth $1,215,000 after buying an additional 28,901 shares during the last quarter.

iShares iBonds 2025 Term High Yield and Income ETF Price Performance

BATS IBHE opened at $23.25 on Friday. The business has a 50-day moving average of $23.21 and a two-hundred day moving average of $23.23.

iShares iBonds 2025 Term High Yield and Income ETF Increases Dividend

The business also recently declared a dividend, which was paid on Friday, September 6th. Shareholders of record on Tuesday, September 3rd were issued a $0.1413 dividend. The ex-dividend date of this dividend was Tuesday, September 3rd. This is a boost from iShares iBonds 2025 Term High Yield and Income ETF’s previous dividend of $0.14.

iShares iBonds 2025 Term High Yield and Income ETF Company Profile

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.