iShares iBonds 2026 Term High Yield and Income ETF (BATS:IBHF) Trading 0.2% Higher – What’s Next?

iShares iBonds 2026 Term High Yield and Income ETF (BATS:IBHF)’s stock price rose 0.2% during trading on Tuesday . The company traded as high as $22.94 and last traded at $22.92. Approximately 350,862 shares changed hands during mid-day trading, an increase of 23% from the average daily volume of 285,257 shares. The stock had previously closed at $22.87.

iShares iBonds 2026 Term High Yield and Income ETF Price Performance

The firm has a market cap of $853.77 million, a PE ratio of 10.85 and a beta of 0.29. The stock has a 50-day moving average price of $22.97 and a 200 day moving average price of $23.11.

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

Several hedge funds have recently modified their holdings of the stock. Cambridge Investment Research Advisors Inc. boosted its position in shares of iShares iBonds 2026 Term High Yield and Income ETF by 12.5% in the fourth quarter. Cambridge Investment Research Advisors Inc. now owns 1,405,833 shares of the company’s stock worth $32,447,000 after acquiring an additional 156,165 shares during the last quarter. Arrow Financial Corp boosted its position in shares of iShares iBonds 2026 Term High Yield and Income ETF by 34.9% in the fourth quarter. Arrow Financial Corp now owns 1,215,960 shares of the company’s stock worth $28,064,000 after acquiring an additional 314,399 shares during the last quarter. Lbmc Investment Advisors LLC boosted its position in shares of iShares iBonds 2026 Term High Yield and Income ETF by 21.6% in the third quarter. Lbmc Investment Advisors LLC now owns 1,038,643 shares of the company’s stock worth $24,294,000 after acquiring an additional 184,325 shares during the last quarter. Hurley Capital LLC boosted its position in shares of iShares iBonds 2026 Term High Yield and Income ETF by 17.5% in the fourth quarter. Hurley Capital LLC now owns 524,487 shares of the company’s stock worth $12,105,000 after acquiring an additional 77,975 shares during the last quarter. Finally, Integrated Wealth Concepts LLC raised its position in shares of iShares iBonds 2026 Term High Yield and Income ETF by 1.4% in the 4th quarter. Integrated Wealth Concepts LLC now owns 326,572 shares of the company’s stock worth $7,537,000 after buying an additional 4,509 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.