iShares iBonds 2027 Term High Yield and Income ETF (BATS:IBHG) Trading Up 0.1% – Time to Buy?

iShares iBonds 2027 Term High Yield and Income ETF (BATS:IBHG) shares were up 0.1% during mid-day trading on Thursday . The stock traded as high as $22.15 and last traded at $22.13. Approximately 81,510 shares were traded during mid-day trading, a decline of 43% from the average daily volume of 143,526 shares. The stock had previously closed at $22.11.

iShares iBonds 2027 Term High Yield and Income ETF Price Performance

The company has a 50-day simple moving average of $22.15 and a 200-day simple moving average of $22.29.

Hedge Funds Weigh In On iShares iBonds 2027 Term High Yield and Income ETF

Several institutional investors have recently bought and sold shares of IBHG. High Note Wealth LLC raised its position in iShares iBonds 2027 Term High Yield and Income ETF by 29.1% in the 3rd 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 last quarter. 10Elms LLP increased its holdings in shares of iShares iBonds 2027 Term High Yield and Income ETF by 10.5% in the third quarter. 10Elms LLP now owns 5,257 shares of the company’s stock valued at $118,000 after purchasing an additional 500 shares in the last quarter. Captrust Financial Advisors increased its holdings in shares of iShares iBonds 2027 Term High Yield and Income ETF by 34.2% in the fourth quarter. Captrust Financial Advisors now owns 16,470 shares of the company’s stock valued at $368,000 after purchasing an additional 4,200 shares in the last quarter. Parallel Advisors LLC increased its holdings in shares of iShares iBonds 2027 Term High Yield and Income ETF by 53.7% in the third quarter. Parallel Advisors LLC now owns 23,050 shares of the company’s stock valued at $518,000 after purchasing an additional 8,050 shares in the last quarter. Finally, Landing Point Financial Group LLC increased its holdings in shares of iShares iBonds 2027 Term High Yield and Income ETF by 5.1% in the third quarter. Landing Point Financial Group LLC now owns 23,413 shares of the company’s stock valued at $527,000 after purchasing an additional 1,142 shares in the last quarter.

iShares iBonds 2027 Term High Yield and Income ETF Company Profile

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.