iShares iBonds 2024 Term High Yield and Income ETF (BATS:IBHD) Shares Cross Above 200 Day Moving Average – Should You Sell?

iShares iBonds 2024 Term High Yield and Income ETF (BATS:IBHD)’s stock price crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $23.21 and traded as high as $23.27. iShares iBonds 2024 Term High Yield and Income ETF shares last traded at $23.25, with a volume of 164,349 shares traded.

iShares iBonds 2024 Term High Yield and Income ETF Price Performance

The stock has a 50-day simple moving average of $23.23 and a 200 day simple moving average of $23.21.

iShares iBonds 2024 Term High Yield and Income ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Friday, September 6th. Stockholders of record on Tuesday, September 3rd were given a dividend of $0.1169 per share. The ex-dividend date of this dividend was Tuesday, September 3rd.

Institutional Trading of iShares iBonds 2024 Term High Yield and Income ETF

Several institutional investors and hedge funds have recently made changes to their positions in the business. Lbmc Investment Advisors LLC raised its position in shares of iShares iBonds 2024 Term High Yield and Income ETF by 0.6% in the 3rd quarter. Lbmc Investment Advisors LLC now owns 80,974 shares of the company’s stock valued at $1,886,000 after acquiring an additional 493 shares during the period. GAMMA Investing LLC increased its stake in iShares iBonds 2024 Term High Yield and Income ETF by 106.8% in the second quarter. GAMMA Investing LLC now owns 47,592 shares of the company’s stock valued at $1,106,000 after purchasing an additional 24,573 shares in the last quarter. Finally, Mill Creek Capital Advisors LLC raised its holdings in iShares iBonds 2024 Term High Yield and Income ETF by 1.5% in the third quarter. Mill Creek Capital Advisors LLC now owns 36,592 shares of the company’s stock worth $852,000 after purchasing an additional 549 shares during the period.

iShares iBonds 2024 Term High Yield and Income ETF Company Profile

The iShares iBonds 2024 Term High Yield and Income ETF (IBHD) 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 2024. The fund will terminate in December 2024.