iShares iBonds 2028 Term High Yield and Income ETF (BATS:IBHH) Share Price Cross Above 200-Day Moving Average – Here’s Why

iShares iBonds 2028 Term High Yield and Income ETF (BATS:IBHHGet Free Report)’s share price passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $23.41 and traded as high as $23.71. iShares iBonds 2028 Term High Yield and Income ETF shares last traded at $23.66, with a volume of 82,354 shares changing hands.

iShares iBonds 2028 Term High Yield and Income ETF Price Performance

The company has a fifty day simple moving average of $23.60 and a two-hundred day simple moving average of $23.41.

Hedge Funds Weigh In On iShares iBonds 2028 Term High Yield and Income ETF

Several hedge funds have recently modified their holdings of IBHH. GAMMA Investing LLC lifted its holdings in shares of iShares iBonds 2028 Term High Yield and Income ETF by 229.5% during the third quarter. GAMMA Investing LLC now owns 119,522 shares of the company’s stock worth $2,845,000 after purchasing an additional 83,247 shares during the period. Lbmc Investment Advisors LLC boosted its holdings in shares of iShares iBonds 2028 Term High Yield and Income ETF by 105.5% in the 3rd quarter. Lbmc Investment Advisors LLC now owns 250,802 shares of the company’s stock valued at $5,969,000 after acquiring an additional 128,735 shares during the last quarter. Finally, Integrated Wealth Concepts LLC boosted its holdings in iShares iBonds 2028 Term High Yield and Income ETF by 2.3% in the third quarter. Integrated Wealth Concepts LLC now owns 40,312 shares of the company’s stock valued at $959,000 after purchasing an additional 891 shares during the last quarter.

iShares iBonds 2028 Term High Yield and Income ETF Company Profile

(Get Free Report)

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.

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