iShares iBonds 2026 Term High Yield and Income ETF (BATS:IBHF) Reaches New 12-Month Low – Time to Sell?

iShares iBonds 2026 Term High Yield and Income ETF (BATS:IBHF) shares hit a new 52-week low on Tuesday . The stock traded as low as $22.73 and last traded at $22.73, with a volume of 175188 shares changing hands. The stock had previously closed at $22.75.

iShares iBonds 2026 Term High Yield and Income ETF Stock Down 0.1%

The company has a 50-day moving average price of $22.93 and a two-hundred day moving average price of $23.07. The stock has a market capitalization of $846.69 million, a P/E ratio of 10.85 and a beta of 0.29.

Institutional Investors Weigh In On iShares iBonds 2026 Term High Yield and Income ETF

Several hedge funds and other institutional investors have recently modified their holdings of the stock. Private Trust Co. NA increased its position in shares of iShares iBonds 2026 Term High Yield and Income ETF by 26.0% during the fourth quarter. Private Trust Co. NA now owns 2,955 shares of the company’s stock valued at $68,000 after buying an additional 610 shares during the period. North Star Investment Management Corp. increased its position in shares of iShares iBonds 2026 Term High Yield and Income ETF by 50.0% during the third quarter. North Star Investment Management Corp. now owns 3,000 shares of the company’s stock valued at $70,000 after buying an additional 1,000 shares during the period. Rebalance LLC increased its position in shares of iShares iBonds 2026 Term High Yield and Income ETF by 3.3% during the fourth quarter. Rebalance LLC now owns 48,254 shares of the company’s stock valued at $1,114,000 after buying an additional 1,539 shares during the period. Heartland Bank & Trust Co increased its position in shares of iShares iBonds 2026 Term High Yield and Income ETF by 9.7% during the fourth quarter. Heartland Bank & Trust Co now owns 29,939 shares of the company’s stock valued at $691,000 after buying an additional 2,647 shares during the period. Finally, Klaas Financial Asset Advisors LLC increased its position in shares of iShares iBonds 2026 Term High Yield and Income ETF by 17.3% during the fourth quarter. Klaas Financial Asset Advisors LLC now owns 28,056 shares of the company’s stock valued at $648,000 after buying an additional 4,147 shares during the period.

iShares iBonds 2026 Term High Yield and Income ETF Company Profile

The iShares iBonds 2026 Term High Yield and Income ETF (IBHF) 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 2026. The fund will terminate in December 2026. IBHF was launched on Nov 10, 2020 and is managed by BlackRock.