iShares iBonds 2028 Term High Yield and Income ETF (BATS:IBHH) Shares Down 0.1% – Time to Sell?

iShares iBonds 2028 Term High Yield and Income ETF (BATS:IBHH)’s stock price were down 0.1% during trading on Monday . The company traded as low as $23.45 and last traded at $23.52. Approximately 82,159 shares were traded during mid-day trading, an increase of 70% from the average daily volume of 48,421 shares. The stock had previously closed at $23.54.

iShares iBonds 2028 Term High Yield and Income ETF Price Performance

The business has a 50 day moving average price of $23.56 and a 200 day moving average price of $23.56.

iShares iBonds 2028 Term High Yield and Income ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Thursday, March 6th. Investors of record on Monday, March 3rd were given a $0.1311 dividend. The ex-dividend date of this dividend was Monday, March 3rd.

Hedge Funds Weigh In On iShares iBonds 2028 Term High Yield and Income ETF

Institutional investors have recently added to or reduced their stakes in the company. GAMMA Investing LLC boosted its stake in shares of iShares iBonds 2028 Term High Yield and Income ETF by 36.8% in the 4th quarter. GAMMA Investing LLC now owns 163,463 shares of the company’s stock valued at $3,820,000 after purchasing an additional 43,941 shares during the last quarter. Lbmc Investment Advisors LLC grew its position in shares of iShares iBonds 2028 Term High Yield and Income ETF by 70.7% in the 4th quarter. Lbmc Investment Advisors LLC now owns 428,185 shares of the company’s stock valued at $10,006,000 after purchasing an additional 177,383 shares during the period. Integrated Wealth Concepts LLC increased its position in shares of iShares iBonds 2028 Term High Yield and Income ETF by 2.3% during the third quarter. Integrated Wealth Concepts LLC now owns 40,312 shares of the company’s stock worth $959,000 after acquiring an additional 891 shares in the last quarter. Finally, JPMorgan Chase & Co. acquired a new stake in shares of iShares iBonds 2028 Term High Yield and Income ETF in the 4th quarter valued at about $78,000.

iShares iBonds 2028 Term High Yield and Income ETF Company Profile

The iShares iBonds 2028 Term High Yield and Income ETF (IBHH) is an exchange-traded fund that mostly invests in high yield fixed income. The fund tracks a market-value-weighted index of USD-denominated, high yield and BBB-rated corporate bonds maturing in 2028. The fund will terminate in December 2028.