iShares iBonds 2027 Term High Yield and Income ETF (BATS:IBHG) Declares Dividend Increase – $0.14 Per Share

iShares iBonds 2027 Term High Yield and Income ETF (BATS:IBHG) announced a dividend on Thursday, March 28th, NASDAQ reports. Stockholders of record on Tuesday, April 2nd will be given a dividend of 0.1426 per share on Friday, April 5th. The ex-dividend date of this dividend is Monday, April 1st. This is a positive change from iShares iBonds 2027 Term High Yield and Income ETF’s previous dividend of $0.12.

iShares iBonds 2027 Term High Yield and Income ETF Price Performance

Shares of iShares iBonds 2027 Term High Yield and Income ETF stock remained flat at $22.26 during trading on Friday. 30,923 shares of the stock traded hands. The firm’s 50-day moving average price is $22.21 and its 200 day moving average price is $21.90.

Institutional Investors Weigh In On iShares iBonds 2027 Term High Yield and Income ETF

An institutional investor recently bought a new position in iShares iBonds 2027 Term High Yield and Income ETF stock. Cambridge Investment Research Advisors Inc. bought a new stake in shares of iShares iBonds 2027 Term High Yield and Income ETF (BATS:IBHG) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 17,600 shares of the company’s stock, valued at approximately $391,000. Cambridge Investment Research Advisors Inc. owned 1.10% of iShares iBonds 2027 Term High Yield and Income ETF as of its most recent filing with the Securities and Exchange Commission.

iShares iBonds 2027 Term High Yield and Income ETF Company Profile

The iShares iBonds 2027 Term High Yield and Income ETF (IBHG) 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 2027. The fund will terminate in December 2027.