iShares iBonds 2026 Term High Yield and Income ETF (BATS:IBHF) Stock Price Up 0.2% – Here’s Why

iShares iBonds 2026 Term High Yield and Income ETF (BATS:IBHF) shares shot up 0.2% during trading on Monday . The company traded as high as $22.96 and last traded at $22.93. 680,860 shares traded hands during trading, an increase of 125% from the average session volume of 302,901 shares. The stock had previously closed at $22.89.

iShares iBonds 2026 Term High Yield and Income ETF Price Performance

The firm has a market cap of $854.14 million, a PE ratio of 10.85 and a beta of 0.29. The business has a 50-day moving average price of $23.03 and a two-hundred day moving average price of $23.16.

Hedge Funds Weigh In On iShares iBonds 2026 Term High Yield and Income ETF

Several hedge funds have recently added to or reduced their stakes in the business. Hurley Capital LLC lifted its holdings in shares of iShares iBonds 2026 Term High Yield and Income ETF by 15.8% in the second quarter. Hurley Capital LLC now owns 249,860 shares of the company’s stock valued at $5,804,000 after purchasing an additional 34,057 shares in the last quarter. Captrust Financial Advisors purchased a new position in shares of iShares iBonds 2026 Term High Yield and Income ETF during the 2nd quarter worth approximately $254,000. Straightline Group LLC raised its position in shares of iShares iBonds 2026 Term High Yield and Income ETF by 4.3% during the 2nd quarter. Straightline Group LLC now owns 766,062 shares of the company’s stock worth $17,796,000 after purchasing an additional 31,232 shares during the last quarter. Lbmc Investment Advisors LLC lifted its stake in iShares iBonds 2026 Term High Yield and Income ETF by 21.6% in the 3rd quarter. Lbmc Investment Advisors LLC now owns 1,038,643 shares of the company’s stock valued at $24,294,000 after buying an additional 184,325 shares in the last quarter. Finally, Farther Finance Advisors LLC purchased a new stake in iShares iBonds 2026 Term High Yield and Income ETF in the 3rd quarter valued at approximately $350,000.

iShares iBonds 2026 Term High Yield and Income ETF Company Profile

The iShares iBonds 2026 Term High Yield and Income ETF (IBHF) 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 2026. The fund will terminate in December 2026. IBHF was launched on Nov 10, 2020 and is managed by BlackRock.