iShares iBonds 2026 Term High Yield and Income ETF (BATS:IBHF) Shares Climb 0.1% – Here’s What Happened

iShares iBonds 2026 Term High Yield and Income ETF (BATS:IBHF) shares traded up 0.1% during trading on Monday. The stock traded as high as $22.54 and last traded at $22.54. 105,950 shares were traded during mid-day trading, a decline of 62% from the average session volume of 280,327 shares. The stock had previously closed at $22.52.

iShares iBonds 2026 Term High Yield and Income ETF Trading Up 0.1%

The business has a 50-day moving average of $22.51 and a 200 day moving average of $22.66. The firm has a market capitalization of $839.62 million, a P/E ratio of 10.85 and a beta of 0.29.

Institutional Investors Weigh In On iShares iBonds 2026 Term High Yield and Income ETF

Several hedge funds and other institutional investors have recently modified their holdings of the company. Hurley Capital LLC raised its holdings in shares of iShares iBonds 2026 Term High Yield and Income ETF by 17.5% in the 4th quarter. Hurley Capital LLC now owns 524,487 shares of the company’s stock worth $12,105,000 after acquiring an additional 77,975 shares during the last quarter. Ascentis Independent Advisors lifted its position in iShares iBonds 2026 Term High Yield and Income ETF by 133.1% in the 1st quarter. Ascentis Independent Advisors now owns 126,633 shares of the company’s stock valued at $2,906,000 after acquiring an additional 72,308 shares in the last quarter. Parallel Advisors LLC boosted its stake in iShares iBonds 2026 Term High Yield and Income ETF by 127.0% during the 1st quarter. Parallel Advisors LLC now owns 117,141 shares of the company’s stock valued at $2,688,000 after purchasing an additional 65,541 shares during the last quarter. Landing Point Financial Group LLC boosted its stake in iShares iBonds 2026 Term High Yield and Income ETF by 21.2% during the 4th quarter. Landing Point Financial Group LLC now owns 77,023 shares of the company’s stock valued at $1,778,000 after purchasing an additional 13,497 shares during the last quarter. Finally, Eldridge Investment Advisors Inc. bought a new stake in iShares iBonds 2026 Term High Yield and Income ETF during the 4th quarter worth approximately $215,000.

About iShares iBonds 2026 Term High Yield and Income ETF

The iShares iBonds 2026 Term High Yield and Income ETF (IBHF) 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 2026. The fund will terminate in December 2026. IBHF was launched on Nov 10, 2020 and is managed by BlackRock.