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)’s stock price were up 0.1% during mid-day trading on Monday. The stock traded as high as $22.54 and last traded at $22.54. 105,950 shares changed hands during trading, a decline of 62% from the average daily volume of 280,327 shares. The stock had previously closed at $22.52.

iShares iBonds 2026 Term High Yield and Income ETF Price Performance

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

Hedge Funds Weigh In On iShares iBonds 2026 Term High Yield and Income ETF

A number of hedge funds have recently bought and sold shares of IBHF. Bank of New York Mellon Corp purchased a new stake in shares of iShares iBonds 2026 Term High Yield and Income ETF in the first quarter valued at about $200,000. Eldridge Investment Advisors Inc. bought a new position in shares of iShares iBonds 2026 Term High Yield and Income ETF during the fourth quarter valued at about $215,000. Heartland Bank & Trust Co boosted its holdings in iShares iBonds 2026 Term High Yield and Income ETF by 15.8% during the first quarter. Heartland Bank & Trust Co now owns 34,659 shares of the company’s stock worth $795,000 after purchasing an additional 4,720 shares during the last quarter. Parallel Advisors LLC boosted its holdings in iShares iBonds 2026 Term High Yield and Income ETF by 21.5% during the fourth quarter. Parallel Advisors LLC now owns 51,600 shares of the company’s stock worth $1,191,000 after purchasing an additional 9,125 shares during the last quarter. Finally, Landing Point Financial Group LLC boosted its holdings in iShares iBonds 2026 Term High Yield and Income ETF by 21.2% during the fourth quarter. Landing Point Financial Group LLC now owns 77,023 shares of the company’s stock worth $1,778,000 after purchasing an additional 13,497 shares during 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.