iShares iBonds 2024 Term High Yield and Income ETF (BATS:IBHD) Shares Cross Above Two Hundred Day Moving Average – Time to Sell?

Shares of iShares iBonds 2024 Term High Yield and Income ETF (BATS:IBHD) passed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $23.21 and traded as high as $23.27. iShares iBonds 2024 Term High Yield and Income ETF shares last traded at $23.25, with a volume of 164,349 shares trading hands.

iShares iBonds 2024 Term High Yield and Income ETF Stock Performance

The stock’s 50 day moving average price is $23.23 and its 200 day moving average price is $23.21.

iShares iBonds 2024 Term High Yield and Income ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Friday, September 6th. Investors of record on Tuesday, September 3rd were given a dividend of $0.1169 per share. The ex-dividend date of this dividend was Tuesday, September 3rd.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in the stock. GAMMA Investing LLC grew its stake in shares of iShares iBonds 2024 Term High Yield and Income ETF by 106.8% in the second quarter. GAMMA Investing LLC now owns 47,592 shares of the company’s stock valued at $1,106,000 after buying an additional 24,573 shares in the last quarter. Lbmc Investment Advisors LLC grew its position in shares of iShares iBonds 2024 Term High Yield and Income ETF by 12.7% in the 2nd quarter. Lbmc Investment Advisors LLC now owns 80,481 shares of the company’s stock valued at $1,870,000 after acquiring an additional 9,062 shares during the period. Finally, Mill Creek Capital Advisors LLC increased its stake in shares of iShares iBonds 2024 Term High Yield and Income ETF by 1.6% during the 2nd quarter. Mill Creek Capital Advisors LLC now owns 36,043 shares of the company’s stock worth $838,000 after purchasing an additional 575 shares during the last quarter.

iShares iBonds 2024 Term High Yield and Income ETF Company Profile

The iShares iBonds 2024 Term High Yield and Income ETF (IBHD) 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 2024. The fund will terminate in December 2024.