iShares iBonds 2026 Term High Yield and Income ETF (BATS:IBHF) Stock Price Down 0% – Here’s Why

iShares iBonds 2026 Term High Yield and Income ETF (BATS:IBHF)’s share price fell 0% on Monday . The company traded as low as $23.25 and last traded at $23.22. 394,208 shares were traded during mid-day trading, an increase of 70% from the average session volume of 231,239 shares. The stock had previously closed at $23.22.

iShares iBonds 2026 Term High Yield and Income ETF Stock Performance

The stock has a market cap of $796.27 million, a P/E ratio of 10.89 and a beta of 0.30. The firm’s 50-day moving average is $23.28 and its two-hundred day moving average is $23.26.

iShares iBonds 2026 Term High Yield and Income ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Thursday, March 6th. Stockholders of record on Monday, March 3rd were paid a dividend of $0.1246 per share. The ex-dividend date was Monday, March 3rd.

Institutional Trading of iShares iBonds 2026 Term High Yield and Income ETF

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Sentinus LLC boosted its stake in iShares iBonds 2026 Term High Yield and Income ETF by 9.1% in the fourth quarter. Sentinus LLC now owns 24,186 shares of the company’s stock valued at $560,000 after acquiring an additional 2,018 shares during the last quarter. Klaas Financial Asset Advisors LLC grew its position in shares of iShares iBonds 2026 Term High Yield and Income ETF by 20.3% in the 4th quarter. Klaas Financial Asset Advisors LLC now owns 13,863 shares of the company’s stock valued at $321,000 after purchasing an additional 2,344 shares during the period. Baird Financial Group Inc. increased its stake in iShares iBonds 2026 Term High Yield and Income ETF by 23.1% during the 4th quarter. Baird Financial Group Inc. now owns 15,292 shares of the company’s stock worth $354,000 after purchasing an additional 2,865 shares in the last quarter. 10Elms LLP bought a new position in iShares iBonds 2026 Term High Yield and Income ETF in the fourth quarter valued at approximately $209,000. Finally, Integrated Wealth Concepts LLC boosted its holdings in shares of iShares iBonds 2026 Term High Yield and Income ETF by 23.9% in the third quarter. Integrated Wealth Concepts LLC now owns 51,525 shares of the company’s stock valued at $1,206,000 after buying an additional 9,940 shares during the period.

About iShares iBonds 2026 Term High Yield and Income ETF

The iShares iBonds 2026 Term High Yield and Income ETF (IBHF) 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 2026. The fund will terminate in December 2026.