iShares iBonds 2030 Term High Yield and Income ETF (NYSEARCA:IBHJ) Trading 0.3% Higher – Still a Buy?

iShares iBonds 2030 Term High Yield and Income ETF (NYSEARCA:IBHJ)’s share price were up 0.3% during trading on Tuesday . The stock traded as high as $25.57 and last traded at $25.54. Approximately 3,247 shares traded hands during mid-day trading, a decline of 81% from the average daily volume of 17,063 shares. The stock had previously closed at $25.47.

iShares iBonds 2030 Term High Yield and Income ETF Stock Up 0.3 %

The company has a 50 day moving average of $26.09 and a two-hundred day moving average of $26.30.

iShares iBonds 2030 Term High Yield and Income ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Thursday, March 6th. Shareholders of record on Monday, March 3rd were given a dividend of $0.1453 per share. The ex-dividend date was Monday, March 3rd.

Institutional Investors Weigh In On 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 raised its holdings in shares of iShares iBonds 2030 Term High Yield and Income ETF (NYSEARCA:IBHJ) by 652.7% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 100,257 shares of the company’s stock after buying an additional 86,937 shares during the quarter. Lbmc Investment Advisors LLC owned about 12.53% of iShares iBonds 2030 Term High Yield and Income ETF worth $2,610,000 as of its most recent SEC filing.

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.