iShares iBonds 2026 Term High Yield and Income ETF (BATS:IBHF) Reaches New 52-Week Low – What’s Next?

Shares of iShares iBonds 2026 Term High Yield and Income ETF (BATS:IBHF) hit a new 52-week low during trading on Wednesday . The company traded as low as $22.81 and last traded at $22.82, with a volume of 47948 shares trading hands. The stock had previously closed at $22.85.

iShares iBonds 2026 Term High Yield and Income ETF Stock Down 0.5%

The stock has a 50 day moving average price of $22.93 and a 200 day moving average price of $23.07. The stock has a market capitalization of $847.44 million, a price-to-earnings ratio of 10.85 and a beta of 0.29.

Institutional Trading of iShares iBonds 2026 Term High Yield and Income ETF

Hedge funds have recently made changes to their positions in the company. Private Trust Co. NA boosted its stake in shares of iShares iBonds 2026 Term High Yield and Income ETF by 26.0% during the fourth quarter. Private Trust Co. NA now owns 2,955 shares of the company’s stock valued at $68,000 after purchasing an additional 610 shares in the last quarter. North Star Investment Management Corp. boosted its stake in shares of iShares iBonds 2026 Term High Yield and Income ETF by 50.0% during the third quarter. North Star Investment Management Corp. now owns 3,000 shares of the company’s stock valued at $70,000 after purchasing an additional 1,000 shares in the last quarter. Eldridge Investment Advisors Inc. acquired a new stake in shares of iShares iBonds 2026 Term High Yield and Income ETF during the fourth quarter valued at about $215,000. Creative Financial Designs Inc. ADV boosted its stake in shares of iShares iBonds 2026 Term High Yield and Income ETF by 94.0% during the third quarter. Creative Financial Designs Inc. ADV now owns 10,814 shares of the company’s stock valued at $253,000 after purchasing an additional 5,240 shares in the last quarter. Finally, Captrust Financial Advisors acquired a new stake in shares of iShares iBonds 2026 Term High Yield and Income ETF during the second quarter valued at about $254,000.

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.