iShares iBonds 2024 Term High Yield and Income ETF (BATS:IBHD) Shares Sold by Arrow Financial Corp

Arrow Financial Corp trimmed its holdings in shares of iShares iBonds 2024 Term High Yield and Income ETF (BATS:IBHD) by 38.9% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 124,461 shares of the company’s stock after selling 79,134 shares during the quarter. Arrow Financial Corp owned approximately 0.64% of iShares iBonds 2024 Term High Yield and Income ETF worth $2,899,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. GAMMA Investing LLC boosted its holdings in iShares iBonds 2024 Term High Yield and Income ETF by 106.8% in the 2nd quarter. GAMMA Investing LLC now owns 47,592 shares of the company’s stock worth $1,106,000 after buying an additional 24,573 shares during the last quarter. Lbmc Investment Advisors LLC boosted its stake in shares of iShares iBonds 2024 Term High Yield and Income ETF by 12.7% in the second quarter. Lbmc Investment Advisors LLC now owns 80,481 shares of the company’s stock worth $1,870,000 after acquiring an additional 9,062 shares during the last quarter. Finally, Mill Creek Capital Advisors LLC boosted its stake in shares of iShares iBonds 2024 Term High Yield and Income ETF by 1.6% in the second quarter. Mill Creek Capital Advisors LLC now owns 36,043 shares of the company’s stock worth $838,000 after acquiring an additional 575 shares during the last quarter.

iShares iBonds 2024 Term High Yield and Income ETF Price Performance

BATS IBHD opened at $23.20 on Friday. The company has a 50 day moving average price of $23.23 and a two-hundred day moving average price of $23.21.

iShares iBonds 2024 Term High Yield and Income ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Friday, September 6th. Stockholders of record on Tuesday, September 3rd were given a $0.1169 dividend. The ex-dividend date of this dividend was Tuesday, September 3rd.

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.