iShares iBonds 2030 Term High Yield and Income ETF (NYSEARCA:IBHJ) Shares Down 0.2% – Here’s What Happened

iShares iBonds 2030 Term High Yield and Income ETF (NYSEARCA:IBHJ)’s stock price were down 0.2% during mid-day trading on Wednesday . The stock traded as low as $26.45 and last traded at $26.45. Approximately 1,144 shares changed hands during trading, a decline of 89% from the average daily volume of 10,413 shares. The stock had previously closed at $26.49.

iShares iBonds 2030 Term High Yield and Income ETF Price Performance

The business has a 50-day simple moving average of $26.62 and a 200 day simple moving average of $26.18.

iShares iBonds 2030 Term High Yield and Income ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Friday, September 6th. Shareholders of record on Tuesday, September 3rd were paid a $0.1421 dividend. The ex-dividend date was Tuesday, September 3rd.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in iShares iBonds 2030 Term High Yield and Income ETF stock. Lbmc Investment Advisors LLC acquired a new position in shares of iShares iBonds 2030 Term High Yield and Income ETF (NYSEARCA:IBHJ) during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 13,320 shares of the company’s stock, valued at approximately $358,000. Lbmc Investment Advisors LLC owned about 1.67% of iShares iBonds 2030 Term High Yield and Income ETF at the end of the most recent reporting period.

About iShares iBonds 2030 Term High Yield and Income ETF

The iShares iBonds 2030 Term High Yield and Income ETF (IBHJ) 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 2030. The fund will terminate in December 2030.