iShares iBonds 2028 Term High Yield and Income ETF (BATS:IBHH) Shares Up 0.2% – Here’s What Happened

iShares iBonds 2028 Term High Yield and Income ETF (BATS:IBHH) shares shot up 0.2% on Wednesday . The company traded as high as $23.52 and last traded at $23.52. 120,211 shares changed hands during trading, an increase of 5% from the average session volume of 114,703 shares. The stock had previously closed at $23.48.

iShares iBonds 2028 Term High Yield and Income ETF Trading Down 0.3%

The business’s fifty day moving average price is $23.50 and its two-hundred day moving average price is $23.62.

Institutional Investors Weigh In On iShares iBonds 2028 Term High Yield and Income ETF

Several hedge funds have recently added to or reduced their stakes in the business. NewEdge Advisors LLC boosted its holdings in iShares iBonds 2028 Term High Yield and Income ETF by 4.4% in the fourth quarter. NewEdge Advisors LLC now owns 796,380 shares of the company’s stock valued at $18,854,000 after purchasing an additional 33,885 shares during the last quarter. Integrated Wealth Concepts LLC boosted its holdings in iShares iBonds 2028 Term High Yield and Income ETF by 23.4% in the fourth quarter. Integrated Wealth Concepts LLC now owns 59,365 shares of the company’s stock valued at $1,405,000 after purchasing an additional 11,258 shares during the last quarter. Rebalance LLC purchased a new stake in iShares iBonds 2028 Term High Yield and Income ETF in the fourth quarter valued at $1,105,000. Heartland Bank & Trust Co boosted its holdings in iShares iBonds 2028 Term High Yield and Income ETF by 14.5% in the first quarter. Heartland Bank & Trust Co now owns 30,711 shares of the company’s stock valued at $721,000 after purchasing an additional 3,890 shares during the last quarter. Finally, Klaas Financial Asset Advisors LLC purchased a new stake in iShares iBonds 2028 Term High Yield and Income ETF in the fourth quarter valued at $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.