iShares iBonds 2030 Term High Yield and Income ETF (NYSEARCA:IBHJ) Stock Price Down 0.4% – Here’s What Happened

iShares iBonds 2030 Term High Yield and Income ETF (NYSEARCA:IBHJ) traded down 0.4% during mid-day trading on Monday . The company traded as low as $26.62 and last traded at $26.67. 14,102 shares traded hands during mid-day trading, a decline of 56% from the average session volume of 31,933 shares. The stock had previously closed at $26.78.

iShares iBonds 2030 Term High Yield and Income ETF Stock Performance

The firm has a 50-day simple moving average of $26.65 and a 200 day simple moving average of $26.60.

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

A hedge fund recently bought a new stake in iShares iBonds 2030 Term High Yield and Income ETF stock. Captrust Financial Advisors purchased a new position in shares of iShares iBonds 2030 Term High Yield and Income ETF (NYSEARCA:IBHJ) in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 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 at the end of the most recent reporting period.

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. IBHJ was launched on Jun 21, 2023 and is managed by BlackRock.