iShares iBonds 2029 Term High Yield and Income ETF (BATS:IBHI) Trading Up 0.3% – Here’s What Happened

iShares iBonds 2029 Term High Yield and Income ETF (BATS:IBHI)’s share price shot up 0.3% on Tuesday . The company traded as high as $23.53 and last traded at $23.5850. 17,514 shares changed hands during trading, a decline of 65% from the average session volume of 49,598 shares. The stock had previously closed at $23.51.

iShares iBonds 2029 Term High Yield and Income ETF Trading Up 0.3%

The business’s 50-day moving average is $23.63 and its two-hundred day moving average is $23.59. The stock has a market capitalization of $174.53 million, a PE ratio of 10.62 and a beta of 0.53.

Institutional Investors Weigh In On iShares iBonds 2029 Term High Yield and Income ETF

A number of large investors have recently made changes to their positions in the company. Integrated Wealth Concepts LLC lifted its holdings in shares of iShares iBonds 2029 Term High Yield and Income ETF by 7.5% in the third quarter. Integrated Wealth Concepts LLC now owns 74,342 shares of the company’s stock valued at $1,773,000 after purchasing an additional 5,200 shares in the last quarter. Reliant Wealth Planning acquired a new position in iShares iBonds 2029 Term High Yield and Income ETF during the third quarter valued at $201,000. Lbmc Investment Advisors LLC raised its position in iShares iBonds 2029 Term High Yield and Income ETF by 10.5% during the second quarter. Lbmc Investment Advisors LLC now owns 511,879 shares of the company’s stock valued at $12,126,000 after buying an additional 48,631 shares during the period. OLD Mission Capital LLC acquired a new position in iShares iBonds 2029 Term High Yield and Income ETF during the first quarter valued at $1,293,000. Finally, NewEdge Advisors LLC lifted its stake in iShares iBonds 2029 Term High Yield and Income ETF by 20,719.3% in the 3rd quarter. NewEdge Advisors LLC now owns 748,453 shares of the company’s stock worth $17,851,000 after acquiring an additional 744,858 shares in the last quarter.

iShares iBonds 2029 Term High Yield and Income ETF Company Profile

The iShares iBonds 2029 Term High Yield and Income ETF (IBHI) 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 2029. The fund will terminate in December 2029.