iShares iBonds 2028 Term High Yield and Income ETF (BATS:IBHH) Trading 0% Higher – Here’s Why

iShares iBonds 2028 Term High Yield and Income ETF (BATS:IBHH)’s stock price traded up 0% on Tuesday . The company traded as high as $23.74 and last traded at $23.69. 154,573 shares changed hands during trading, an increase of 152% from the average session volume of 61,372 shares. The stock had previously closed at $23.68.

iShares iBonds 2028 Term High Yield and Income ETF Trading Up 0.0%

The stock’s fifty day moving average is $23.62 and its two-hundred day moving average is $23.44.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in IBHH. JPMorgan Chase & Co. bought a new position in shares of iShares iBonds 2028 Term High Yield and Income ETF during the 4th quarter worth about $78,000. Integrated Wealth Concepts LLC increased its holdings in shares of iShares iBonds 2028 Term High Yield and Income ETF by 12.9% during the 4th quarter. Integrated Wealth Concepts LLC now owns 45,527 shares of the company’s stock worth $1,064,000 after purchasing an additional 5,215 shares during the period. GAMMA Investing LLC increased its holdings in shares of iShares iBonds 2028 Term High Yield and Income ETF by 2,760.2% during the 1st quarter. GAMMA Investing LLC now owns 4,675,411 shares of the company’s stock worth $109,218,000 after purchasing an additional 4,511,948 shares during the period. Lbmc Investment Advisors LLC increased its holdings in shares of iShares iBonds 2028 Term High Yield and Income ETF by 95.3% during the 1st quarter. Lbmc Investment Advisors LLC now owns 836,135 shares of the company’s stock worth $19,532,000 after purchasing an additional 407,950 shares during the period. Finally, Heartland Bank & Trust Co bought a new position in shares of iShares iBonds 2028 Term High Yield and Income ETF during the 1st quarter worth about $303,000.

About iShares iBonds 2028 Term High Yield and Income ETF

The iShares iBonds 2028 Term High Yield and Income ETF (IBHH) 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 2028. The fund will terminate in December 2028.