iShares iBonds 2028 Term High Yield and Income ETF (BATS:IBHH) Shares Down 0.1% – Here’s What Happened

iShares iBonds 2028 Term High Yield and Income ETF (BATS:IBHH)’s share price dropped 0.1% during mid-day trading on Wednesday . The company traded as low as $23.57 and last traded at $23.58. Approximately 68,040 shares were traded during trading, The stock had previously closed at $23.61.

iShares iBonds 2028 Term High Yield and Income ETF Trading Up 0.0 %

The firm’s fifty day moving average is $23.62 and its 200-day moving average is $23.38.

iShares iBonds 2028 Term High Yield and Income ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Friday, September 6th. Investors of record on Tuesday, September 3rd were paid a $0.1332 dividend. The ex-dividend date was Tuesday, September 3rd.

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

A number of large investors have recently made changes to their positions in IBHH. GAMMA Investing LLC lifted its holdings in shares of iShares iBonds 2028 Term High Yield and Income ETF by 52.6% in the second quarter. GAMMA Investing LLC now owns 36,275 shares of the company’s stock valued at $839,000 after purchasing an additional 12,508 shares in the last quarter. Integrated Wealth Concepts LLC raised its holdings in shares of 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 worth $959,000 after acquiring an additional 891 shares during the last quarter. Finally, Lbmc Investment Advisors LLC lifted its position in shares of iShares iBonds 2028 Term High Yield and Income ETF by 59.1% in the second quarter. Lbmc Investment Advisors LLC now owns 122,067 shares of the company’s stock valued at $2,822,000 after acquiring an additional 45,349 shares in 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.