iShares iBonds 2030 Term High Yield and Income ETF (BATS:IBHJ) Stock Price Down 0.2% – Here’s Why

iShares iBonds 2030 Term High Yield and Income ETF (BATS:IBHJ)’s stock price were down 0.2% during mid-day trading on Thursday . The company traded as low as $26.44 and last traded at $26.50. Approximately 28,496 shares changed hands during mid-day trading, a decline of 14% from the average daily volume of 33,023 shares. The stock had previously closed at $26.54.

iShares iBonds 2030 Term High Yield and Income ETF Trading Down 0.2%

The company has a 50 day moving average of $26.38 and a 200 day moving average of $26.53.

Hedge Funds Weigh In On iShares iBonds 2030 Term High Yield and Income ETF

A hedge fund recently raised its stake in iShares iBonds 2030 Term High Yield and Income ETF stock. Captrust Financial Advisors increased its position in shares of iShares iBonds 2030 Term High Yield and Income ETF (BATS:IBHJ) by 60.2% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 21,566 shares of the company’s stock after buying an additional 8,100 shares during the period. Captrust Financial Advisors owned about 0.92% of iShares iBonds 2030 Term High Yield and Income ETF worth $574,000 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.