iShares iBonds 2028 Term High Yield and Income ETF (BATS:IBHH) Stock Price Down 0.8% – Here’s What Happened

iShares iBonds 2028 Term High Yield and Income ETF (BATS:IBHH)’s stock price fell 0.8% during mid-day trading on Thursday . The company traded as low as $23.80 and last traded at $23.63. 109,717 shares changed hands during trading, an increase of 79% from the average session volume of 61,372 shares. The stock had previously closed at $23.81.

iShares iBonds 2028 Term High Yield and Income ETF Stock Performance

The business’s 50-day simple moving average is $23.70 and its two-hundred day simple moving average is $23.71.

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

A number of large investors have recently modified their holdings of IBHH. Heartland Bank & Trust Co grew its stake in iShares iBonds 2028 Term High Yield and Income ETF by 5.1% during the 4th quarter. Heartland Bank & Trust Co now owns 26,821 shares of the company’s stock worth $635,000 after purchasing an additional 1,311 shares in the last quarter. Integrated Wealth Concepts LLC boosted its stake in shares of iShares iBonds 2028 Term High Yield and Income ETF by 3.8% in the 3rd quarter. Integrated Wealth Concepts LLC now owns 48,107 shares of the company’s stock valued at $1,148,000 after buying an additional 1,739 shares during the period. High Note Wealth LLC grew its position in shares of iShares iBonds 2028 Term High Yield and Income ETF by 696.0% during the fourth quarter. High Note Wealth LLC now owns 6,042 shares of the company’s stock worth $143,000 after buying an additional 5,283 shares in the last quarter. Captrust Financial Advisors purchased a new stake in shares of iShares iBonds 2028 Term High Yield and Income ETF during the second quarter worth approximately $271,000. Finally, Klaas Financial Asset Advisors LLC acquired a new stake in iShares iBonds 2028 Term High Yield and Income ETF in the fourth quarter valued at approximately $489,000.

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. IBHH was launched on Mar 8, 2022 and is managed by BlackRock.