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 fell 0.1% on Monday . The stock traded as low as $23.45 and last traded at $23.52. 82,159 shares were traded during trading, an increase of 70% from the average session volume of 48,421 shares. The stock had previously closed at $23.54.

iShares iBonds 2028 Term High Yield and Income ETF Stock Down 0.1 %

The company has a 50 day moving average of $23.56 and a 200-day moving average of $23.56.

iShares iBonds 2028 Term High Yield and Income ETF Cuts Dividend

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

Institutional Inflows and Outflows

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