iShares iBonds 2029 Term High Yield and Income ETF (BATS:IBHI) Trading 0.3% Higher

iShares iBonds 2029 Term High Yield and Income ETF (BATS:IBHI) rose 0.3% during trading on Friday . The company traded as high as $23.99 and last traded at $23.98. Approximately 121,393 shares traded hands during mid-day trading, The stock had previously closed at $23.92.

iShares iBonds 2029 Term High Yield and Income ETF Stock Up 0.3 %

The business’s fifty day moving average is $23.54 and its 200 day moving average is $23.24.

iShares iBonds 2029 Term High Yield and Income ETF Increases Dividend

The business also recently declared a dividend, which was paid on Friday, September 6th. Shareholders of record on Tuesday, September 3rd were issued a $0.1303 dividend. The ex-dividend date was Tuesday, September 3rd. This is a boost from iShares iBonds 2029 Term High Yield and Income ETF’s previous dividend of $0.13.

Institutional Investors Weigh In On iShares iBonds 2029 Term High Yield and Income ETF

An institutional investor recently bought a new position in iShares iBonds 2029 Term High Yield and Income ETF stock. Lbmc Investment Advisors LLC acquired a new position in shares of iShares iBonds 2029 Term High Yield and Income ETF (BATS:IBHI) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 80,885 shares of the company’s stock, valued at approximately $1,871,000. Lbmc Investment Advisors LLC owned 4.49% of iShares iBonds 2029 Term High Yield and Income ETF at the end of the most recent quarter.

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.