iShares iBonds 2028 Term High Yield and Income ETF (BATS:IBHH) Shares Up 0.4% – Time to Buy?

iShares iBonds 2028 Term High Yield and Income ETF (BATS:IBHH)’s share price shot up 0.4% on Monday . The stock traded as high as $23.61 and last traded at $23.64. 82,159 shares were traded during trading, The stock had previously closed at $23.54.

iShares iBonds 2028 Term High Yield and Income ETF Stock Up 0.4 %

The stock’s fifty day moving average price is $23.52 and its 200-day moving average price is $23.56.

iShares iBonds 2028 Term High Yield and Income ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Thursday, February 6th. Stockholders of record on Monday, February 3rd were issued a dividend of $0.133 per share. The ex-dividend date of this dividend was Monday, February 3rd.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the company. GAMMA Investing LLC grew its position 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 last quarter. Lbmc Investment Advisors LLC boosted its stake in shares of iShares iBonds 2028 Term High Yield and Income ETF by 70.7% during the fourth 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 in the last quarter. Integrated Wealth Concepts LLC boosted its stake 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 valued at $959,000 after purchasing an additional 891 shares in the last quarter. Finally, JPMorgan Chase & Co. bought a new stake in shares of iShares iBonds 2028 Term High Yield and Income ETF during the fourth quarter worth 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.