iShares iBonds 2029 Term High Yield and Income ETF (BATS:IBHI) Shares Up 0.3%

iShares iBonds 2029 Term High Yield and Income ETF (BATS:IBHI)’s stock price traded up 0.3% during trading on Friday . The stock traded as high as $23.99 and last traded at $23.98. 121,393 shares changed hands during mid-day trading, The stock had previously closed at $23.92.

iShares iBonds 2029 Term High Yield and Income ETF Price Performance

The business’s 50 day moving average is $23.54 and its 200 day moving average is $23.24.

iShares iBonds 2029 Term High Yield and Income ETF Increases 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 $0.1303 dividend. The ex-dividend date was Tuesday, September 3rd. This is a boost from iShares iBonds 2029 Term High Yield and Income ETF’s previous dividend of $0.13.

Institutional Inflows and Outflows

An institutional investor recently raised its position in iShares iBonds 2029 Term High Yield and Income ETF stock. GAMMA Investing LLC raised its stake in iShares iBonds 2029 Term High Yield and Income ETF (BATS:IBHI) by 1,532.6% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 5,061 shares of the company’s stock after buying an additional 4,751 shares during the quarter. GAMMA Investing LLC owned 0.28% of iShares iBonds 2029 Term High Yield and Income ETF worth $117,000 at the end of the most recent reporting period.

About iShares iBonds 2029 Term High Yield and Income ETF

The iShares iBonds 2029 Term High Yield and Income ETF (IBHI) 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 2029. The fund will terminate in December 2029.