iShares iBonds 2027 Term High Yield and Income ETF (BATS:IBHG) Trading Down 0.4% – Here’s What Happened

iShares iBonds 2027 Term High Yield and Income ETF (BATS:IBHG) shares traded down 0.4% during trading on Thursday . The company traded as low as $22.2950 and last traded at $22.2050. 153,447 shares were traded during trading, an increase of 85% from the average session volume of 83,028 shares. The stock had previously closed at $22.3050.

iShares iBonds 2027 Term High Yield and Income ETF Stock Down 0.4%

The business has a 50 day simple moving average of $22.32 and a 200-day simple moving average of $22.39.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of IBHG. High Note Wealth LLC increased its stake in shares of iShares iBonds 2027 Term High Yield and Income ETF by 29.1% in the third quarter. High Note Wealth LLC now owns 3,551 shares of the company’s stock valued at $80,000 after purchasing an additional 801 shares during the period. 10Elms LLP grew its holdings in iShares iBonds 2027 Term High Yield and Income ETF by 10.5% in the 3rd quarter. 10Elms LLP now owns 5,257 shares of the company’s stock worth $118,000 after buying an additional 500 shares in the last quarter. Parallel Advisors LLC grew its holdings in iShares iBonds 2027 Term High Yield and Income ETF by 53.7% in the 3rd quarter. Parallel Advisors LLC now owns 23,050 shares of the company’s stock worth $518,000 after buying an additional 8,050 shares in the last quarter. Landing Point Financial Group LLC increased its position in iShares iBonds 2027 Term High Yield and Income ETF by 5.1% in the 3rd quarter. Landing Point Financial Group LLC now owns 23,413 shares of the company’s stock valued at $527,000 after acquiring an additional 1,142 shares during the period. Finally, Heartland Bank & Trust Co raised its stake in iShares iBonds 2027 Term High Yield and Income ETF by 69.7% during the 2nd quarter. Heartland Bank & Trust Co now owns 24,753 shares of the company’s stock valued at $558,000 after acquiring an additional 10,163 shares in the last quarter.

About iShares iBonds 2027 Term High Yield and Income ETF

The iShares iBonds 2027 Term High Yield and Income ETF (IBHG) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund tracks a market-value-weighted index of USD-denominated, high yield and BBB-rated corporate bonds maturing in 2027. The fund will terminate in December 2027. IBHG was launched on Jul 7, 2021 and is managed by BlackRock.