iShares iBonds 2028 Term High Yield and Income ETF (BATS:IBHH) Shares Up 0.4% – Here’s What Happened

iShares iBonds 2028 Term High Yield and Income ETF (BATS:IBHH)’s share price were up 0.4% during mid-day trading on Monday . The company traded as high as $23.61 and last traded at $23.64. Approximately 82,159 shares traded hands during trading, The stock had previously closed at $23.54.

iShares iBonds 2028 Term High Yield and Income ETF Stock Up 0.4 %

The business’s fifty day simple moving average is $23.52 and its 200 day simple moving average is $23.56.

iShares iBonds 2028 Term High Yield and Income ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Thursday, February 6th. Shareholders of record on Monday, February 3rd were given a $0.133 dividend. The ex-dividend date was Monday, February 3rd.

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

A number of hedge funds have recently modified their holdings of IBHH. Lbmc Investment Advisors LLC raised its stake in iShares iBonds 2028 Term High Yield and Income ETF by 70.7% in the 4th quarter. Lbmc Investment Advisors LLC now owns 428,185 shares of the company’s stock valued at $10,006,000 after acquiring an additional 177,383 shares during the period. GAMMA Investing LLC boosted its position in iShares iBonds 2028 Term High Yield and Income ETF by 36.8% during the fourth quarter. GAMMA Investing LLC now owns 163,463 shares of the company’s stock worth $3,820,000 after purchasing an additional 43,941 shares during the period. Integrated Wealth Concepts LLC increased its stake in shares of iShares iBonds 2028 Term High Yield and Income ETF by 12.9% in the fourth quarter. Integrated Wealth Concepts LLC now owns 45,527 shares of the company’s stock worth $1,064,000 after purchasing an additional 5,215 shares in the last quarter. Finally, JPMorgan Chase & Co. bought a new stake in shares of iShares iBonds 2028 Term High Yield and Income ETF in the fourth quarter valued at approximately $78,000.

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.