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) shares traded down 0.1% during mid-day trading on Monday . The stock traded as low as $23.45 and last traded at $23.52. 82,159 shares were traded during mid-day 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 Trading Down 0.1 %

The stock’s fifty day moving average is $23.56 and its 200-day moving average 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, March 6th. Investors of record on Monday, March 3rd were issued a $0.1311 dividend. The ex-dividend date of this dividend was Monday, March 3rd.

Institutional Investors Weigh In On iShares iBonds 2028 Term High Yield and Income ETF

A number of institutional investors and hedge funds have recently made changes to their positions in IBHH. JPMorgan Chase & Co. bought a new position in iShares iBonds 2028 Term High Yield and Income ETF in the fourth quarter valued at about $78,000. Integrated Wealth Concepts LLC boosted its stake in shares of iShares iBonds 2028 Term High Yield and Income ETF by 2.3% in the 3rd 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 during the last quarter. GAMMA Investing LLC grew its position in shares of 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 buying an additional 43,941 shares during the period. Finally, Lbmc Investment Advisors LLC raised 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 worth $10,006,000 after buying an additional 177,383 shares during the last quarter.

About iShares iBonds 2028 Term High Yield and Income ETF

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.