iShares iBonds 2028 Term High Yield and Income ETF (BATS:IBHH) Shares Down 0.3% – Should You Sell?

iShares iBonds 2028 Term High Yield and Income ETF (BATS:IBHH)’s share price were down 0.3% during trading on Monday . The stock traded as low as $23.33 and last traded at $23.33. Approximately 162,276 shares were traded during trading, The stock had previously closed at $23.39.

iShares iBonds 2028 Term High Yield and Income ETF Stock Performance

The business’s 50-day simple moving average is $23.55 and its 200 day simple moving average is $23.46.

Institutional Trading of iShares iBonds 2028 Term High Yield and Income ETF

Hedge funds and other institutional investors have recently modified their holdings of the company. Integrated Wealth Concepts LLC boosted its stake in iShares iBonds 2028 Term High Yield and Income ETF by 2.3% during the third quarter. Integrated Wealth Concepts LLC now owns 40,312 shares of the company’s stock valued at $959,000 after buying an additional 891 shares in the last quarter. GAMMA Investing LLC lifted its holdings in iShares iBonds 2028 Term High Yield and Income ETF by 229.5% in the 3rd quarter. GAMMA Investing LLC now owns 119,522 shares of the company’s stock valued at $2,845,000 after acquiring an additional 83,247 shares during the last quarter. Finally, Lbmc Investment Advisors LLC lifted its holdings in 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.

About iShares iBonds 2028 Term High Yield and Income ETF

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.