iShares iBonds 2030 Term High Yield and Income ETF (NYSEARCA:IBHJ) Trading 0.4% Higher – Here’s Why

iShares iBonds 2030 Term High Yield and Income ETF (NYSEARCA:IBHJ) shot up 0.4% during mid-day trading on Friday . The stock traded as high as $26.51 and last traded at $26.47. 25,722 shares changed hands during mid-day trading, an increase of 69% from the average session volume of 15,200 shares. The stock had previously closed at $26.37.

iShares iBonds 2030 Term High Yield and Income ETF Price Performance

The firm has a 50-day simple moving average of $26.61 and a 200 day simple moving average of $26.47.

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

An institutional investor recently bought a new position in iShares iBonds 2030 Term High Yield and Income ETF stock. Captrust Financial Advisors acquired a new stake in shares of iShares iBonds 2030 Term High Yield and Income ETF (NYSEARCA:IBHJ) during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm acquired 13,258 shares of the company’s stock, valued at approximately $353,000. Captrust Financial Advisors owned 0.56% of iShares iBonds 2030 Term High Yield and Income ETF as of its most recent SEC filing.

About iShares iBonds 2030 Term High Yield and Income ETF

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.