iShares iBonds 2027 Term High Yield and Income ETF (BATS:IBHG) Shares Down 0.3% – Here’s Why

iShares iBonds 2027 Term High Yield and Income ETF (BATS:IBHG)’s share price were down 0.3% on Monday . The stock traded as low as $22.18 and last traded at $22.24. Approximately 80,545 shares were traded during mid-day trading, The stock had previously closed at $22.30.

iShares iBonds 2027 Term High Yield and Income ETF Price Performance

The stock has a 50-day moving average of $22.39 and a 200-day moving average of $22.31.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the company. Integrated Wealth Concepts LLC increased its stake in iShares iBonds 2027 Term High Yield and Income ETF by 2.7% during the third quarter. Integrated Wealth Concepts LLC now owns 46,857 shares of the company’s stock worth $1,059,000 after acquiring an additional 1,254 shares during the last quarter. Lbmc Investment Advisors LLC increased its position in iShares iBonds 2027 Term High Yield and Income ETF by 77.9% during the third quarter. Lbmc Investment Advisors LLC now owns 347,150 shares of the company’s stock valued at $7,846,000 after acquiring an additional 152,044 shares during the last quarter. Finally, GAMMA Investing LLC lifted its holdings in shares of iShares iBonds 2027 Term High Yield and Income ETF by 284.8% in the 3rd quarter. GAMMA Investing LLC now owns 127,128 shares of the company’s stock worth $2,873,000 after acquiring an additional 94,091 shares during the last quarter.

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.