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

iShares iBonds 2030 Term High Yield and Income ETF (NYSEARCA:IBHJ)’s share price dropped 0.2% during trading on Wednesday . The company traded as low as $26.59 and last traded at $26.59. Approximately 6,123 shares were traded during trading, a decline of 59% from the average daily volume of 14,907 shares. The stock had previously closed at $26.63.

iShares iBonds 2030 Term High Yield and Income ETF Trading Down 0.2%

The stock has a fifty day moving average of $26.62 and a 200 day moving average of $26.29.

Institutional Trading of iShares iBonds 2030 Term High Yield and Income ETF

An institutional investor recently raised its position in iShares iBonds 2030 Term High Yield and Income ETF stock. Lbmc Investment Advisors LLC increased its stake in iShares iBonds 2030 Term High Yield and Income ETF (NYSEARCA:IBHJ) by 16.6% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 277,111 shares of the company’s stock after purchasing an additional 39,497 shares during the quarter. Lbmc Investment Advisors LLC owned approximately 11.79% of iShares iBonds 2030 Term High Yield and Income ETF worth $7,382,000 at the end of the most recent quarter.

iShares iBonds 2030 Term High Yield and Income ETF Company Profile

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.