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) shares reached a new 52-week low on Thursday. The company traded as low as $22.37 and last traded at $22.37, with a volume of 624860 shares trading hands. The stock had previously closed at $22.49.

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

The stock has a market cap of $833.28 million, a PE ratio of 10.85 and a beta of 0.29. The company’s 50 day moving average is $22.50 and its 200-day moving average is $22.64.

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

Hedge funds have recently bought and sold shares of the business. Parallel Advisors LLC raised its position in shares of 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 valued at $2,688,000 after purchasing an additional 65,541 shares in the last quarter. Heartland Bank & Trust Co increased its stake 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 last quarter. Bank of New York Mellon Corp acquired a new stake in iShares iBonds 2026 Term High Yield and Income ETF in the first quarter valued at $200,000. Ascentis Independent Advisors boosted its stake in iShares iBonds 2026 Term High Yield and Income ETF by 133.1% during 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 during the last quarter. Finally, Hurley Capital LLC boosted its stake in iShares iBonds 2026 Term High Yield and Income ETF by 17.5% during the 4th 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 during the last quarter.

iShares iBonds 2026 Term High Yield and Income ETF Company Profile

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.