iShares iBonds 2030 Term High Yield and Income ETF (NYSEARCA:IBHJ) Trading Up 0.4% – Still a Buy?

iShares iBonds 2030 Term High Yield and Income ETF (NYSEARCA:IBHJ) were up 0.4% on Monday . The company traded as high as $26.33 and last traded at $26.31. Approximately 11,518 shares were traded during mid-day trading, a decline of 36% from the average daily volume of 18,102 shares. The stock had previously closed at $26.20.

iShares iBonds 2030 Term High Yield and Income ETF Price Performance

The company has a 50-day moving average price of $26.35 and a 200-day moving average price of $26.43.

iShares iBonds 2030 Term High Yield and Income ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Thursday, March 6th. Shareholders of record on Monday, March 3rd were issued a $0.1453 dividend. The ex-dividend date was Monday, March 3rd.

Institutional Trading of iShares iBonds 2030 Term High Yield and Income ETF

A hedge fund recently raised its stake in iShares iBonds 2030 Term High Yield and Income ETF stock. Lbmc Investment Advisors LLC grew its holdings in shares of iShares iBonds 2030 Term High Yield and Income ETF (NYSEARCA:IBHJ) by 652.7% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 100,257 shares of the company’s stock after purchasing an additional 86,937 shares during the quarter. Lbmc Investment Advisors LLC owned approximately 12.53% of iShares iBonds 2030 Term High Yield and Income ETF worth $2,610,000 at the end of the most recent quarter.

iShares iBonds 2030 Term High Yield and Income ETF Company Profile

The iShares iBonds 2030 Term High Yield and Income ETF (IBHJ) 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 2030. The fund will terminate in December 2030.