iShares iBonds 2029 Term High Yield and Income ETF (BATS:IBHI) Trading Up 0.4% – What’s Next?

iShares iBonds 2029 Term High Yield and Income ETF (BATS:IBHI) traded up 0.4% during trading on Tuesday . The company traded as high as $23.62 and last traded at $23.60. 51,896 shares were traded during trading, The stock had previously closed at $23.50.

iShares iBonds 2029 Term High Yield and Income ETF Stock Performance

The company has a 50 day simple moving average of $23.73 and a two-hundred day simple moving average of $23.38.

iShares iBonds 2029 Term High Yield and Income ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Friday, September 6th. Investors of record on Tuesday, September 3rd were given a dividend of $0.1303 per share. The ex-dividend date of this dividend was Tuesday, September 3rd. This is an increase from iShares iBonds 2029 Term High Yield and Income ETF’s previous dividend of $0.13.

Hedge Funds Weigh In On iShares iBonds 2029 Term High Yield and Income ETF

A hedge fund recently raised its stake in iShares iBonds 2029 Term High Yield and Income ETF stock. GAMMA Investing LLC boosted its holdings in shares of iShares iBonds 2029 Term High Yield and Income ETF (BATS:IBHI) by 73.0% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 8,754 shares of the company’s stock after acquiring an additional 3,693 shares during the quarter. GAMMA Investing LLC owned approximately 0.49% of iShares iBonds 2029 Term High Yield and Income ETF worth $209,000 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.