iShares iBonds 2026 Term High Yield and Income ETF (BATS:IBHF) Hits New 12-Month Low – Should You Sell?

iShares iBonds 2026 Term High Yield and Income ETF (BATS:IBHF)’s share price hit a new 52-week low during mid-day trading on Thursday. The company traded as low as $22.37 and last traded at $22.37, with a volume of 624860 shares changing hands. The stock had previously closed at $22.49.

iShares iBonds 2026 Term High Yield and Income ETF Trading Down 0.5%

The company has a 50 day moving average price of $22.50 and a 200 day moving average price of $22.64. The firm has a market cap of $833.28 million, a PE ratio of 10.85 and a beta of 0.29.

Institutional Trading of iShares iBonds 2026 Term High Yield and Income ETF

Several large investors have recently bought and sold shares of IBHF. Heartland Bank & Trust Co boosted its position in shares of iShares iBonds 2026 Term High Yield and Income ETF by 15.8% in the first quarter. Heartland Bank & Trust Co now owns 34,659 shares of the company’s stock worth $795,000 after buying an additional 4,720 shares during the period. Bank of New York Mellon Corp acquired a new position in iShares iBonds 2026 Term High Yield and Income ETF during the 1st quarter worth approximately $200,000. Parallel Advisors LLC boosted its holdings in iShares iBonds 2026 Term High Yield and Income ETF by 127.0% in the 1st quarter. Parallel Advisors LLC now owns 117,141 shares of the company’s stock worth $2,688,000 after acquiring an additional 65,541 shares during the period. Ascentis Independent Advisors boosted its holdings 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 worth $2,906,000 after acquiring an additional 72,308 shares during the period. Finally, Hurley Capital LLC grew its position in iShares iBonds 2026 Term High Yield and Income ETF by 17.5% in the fourth quarter. Hurley Capital LLC now owns 524,487 shares of the company’s stock valued at $12,105,000 after acquiring an additional 77,975 shares in the last quarter.

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.