iShares iBonds 2028 Term High Yield and Income ETF (BATS:IBHH) Shares Down 0.1% – Here’s What Happened

iShares iBonds 2028 Term High Yield and Income ETF (BATS:IBHH) shares fell 0.1% during mid-day trading on Wednesday . The company traded as low as $23.57 and last traded at $23.58. 68,040 shares traded hands during trading, The stock had previously closed at $23.61.

iShares iBonds 2028 Term High Yield and Income ETF Stock Performance

The business has a 50-day moving average of $23.62 and a 200 day moving average of $23.38.

iShares iBonds 2028 Term High Yield and Income ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Friday, September 6th. Stockholders of record on Tuesday, September 3rd were given a $0.1332 dividend. The ex-dividend date of this dividend was Tuesday, September 3rd.

Institutional Trading of iShares iBonds 2028 Term High Yield and Income ETF

Several large investors have recently modified their holdings of the company. GAMMA Investing LLC boosted its holdings in iShares iBonds 2028 Term High Yield and Income ETF by 52.6% during the second quarter. GAMMA Investing LLC now owns 36,275 shares of the company’s stock valued at $839,000 after acquiring an additional 12,508 shares during the period. Integrated Wealth Concepts LLC lifted its position in shares of iShares iBonds 2028 Term High Yield and Income ETF by 2.3% during the 3rd quarter. Integrated Wealth Concepts LLC now owns 40,312 shares of the company’s stock worth $959,000 after purchasing an additional 891 shares during the last quarter. Finally, Lbmc Investment Advisors LLC boosted its stake in iShares iBonds 2028 Term High Yield and Income ETF by 59.1% during the 2nd quarter. Lbmc Investment Advisors LLC now owns 122,067 shares of the company’s stock valued at $2,822,000 after purchasing an additional 45,349 shares during the period.

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.