iShares iBonds 2027 Term High Yield and Income ETF (BATS:IBHG) Stock Price Down 0.4% – What’s Next?

iShares iBonds 2027 Term High Yield and Income ETF (BATS:IBHG)’s stock price fell 0.4% during mid-day trading on Thursday . The stock traded as low as $22.2950 and last traded at $22.2050. 153,447 shares were traded during trading, an increase of 85% from the average session volume of 83,028 shares. The stock had previously closed at $22.3050.

iShares iBonds 2027 Term High Yield and Income ETF Price Performance

The firm has a 50-day simple moving average of $22.32 and a two-hundred day simple moving average of $22.39.

Institutional Trading of iShares iBonds 2027 Term High Yield and Income ETF

Several large investors have recently added to or reduced their stakes in the business. High Note Wealth LLC boosted its holdings in iShares iBonds 2027 Term High Yield and Income ETF by 201.7% in the fourth quarter. High Note Wealth LLC now owns 10,713 shares of the company’s stock worth $239,000 after purchasing an additional 7,162 shares in the last quarter. Heartland Bank & Trust Co raised its holdings in iShares iBonds 2027 Term High Yield and Income ETF by 5.7% during the fourth quarter. Heartland Bank & Trust Co now owns 33,434 shares of the company’s stock valued at $746,000 after buying an additional 1,793 shares in the last quarter. Klaas Financial Asset Advisors LLC raised its holdings in iShares iBonds 2027 Term High Yield and Income ETF by 18.8% during the fourth quarter. Klaas Financial Asset Advisors LLC now owns 25,301 shares of the company’s stock valued at $565,000 after buying an additional 3,995 shares in the last quarter. Rebalance LLC boosted its stake in shares of iShares iBonds 2027 Term High Yield and Income ETF by 3.0% during the 4th quarter. Rebalance LLC now owns 49,932 shares of the company’s stock worth $1,114,000 after acquiring an additional 1,431 shares in the last quarter. Finally, JPMorgan Chase & Co. boosted its stake in shares of iShares iBonds 2027 Term High Yield and Income ETF by 1,546.5% during the 3rd quarter. JPMorgan Chase & Co. now owns 34,330 shares of the company’s stock worth $772,000 after acquiring an additional 32,245 shares in the last quarter.

About iShares iBonds 2027 Term High Yield and Income ETF

The iShares iBonds 2027 Term High Yield and Income ETF (IBHG) 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 2027. The fund will terminate in December 2027. IBHG was launched on Jul 7, 2021 and is managed by BlackRock.