iShares iBonds 2026 Term High Yield and Income ETF (BATS:IBHF) Reaches New 12-Month Low – Should You Sell?

iShares iBonds 2026 Term High Yield and Income ETF (BATS:IBHF) shares hit a new 52-week low on Tuesday . The company traded as low as $22.69 and last traded at $22.73, with a volume of 7220 shares traded. The stock had previously closed at $22.75.

iShares iBonds 2026 Term High Yield and Income ETF Stock Down 0.2%

The stock has a market cap of $845.58 million, a price-to-earnings ratio of 10.85 and a beta of 0.29. The business’s 50 day simple moving average is $22.86 and its 200 day simple moving average is $23.03.

Institutional Investors Weigh In On iShares iBonds 2026 Term High Yield and Income ETF

Several hedge funds have recently bought and sold shares of IBHF. Cambridge Investment Research Advisors Inc. grew its holdings in iShares iBonds 2026 Term High Yield and Income ETF by 12.5% during the fourth quarter. Cambridge Investment Research Advisors Inc. now owns 1,405,833 shares of the company’s stock worth $32,447,000 after purchasing an additional 156,165 shares during the period. Arrow Financial Corp boosted its stake in shares of iShares iBonds 2026 Term High Yield and Income ETF by 34.9% during the 4th quarter. Arrow Financial Corp now owns 1,215,960 shares of the company’s stock worth $28,064,000 after acquiring an additional 314,399 shares during the period. Hurley Capital LLC boosted its stake in shares of iShares iBonds 2026 Term High Yield and Income ETF by 17.5% during the 4th quarter. Hurley Capital LLC now owns 524,487 shares of the company’s stock worth $12,105,000 after acquiring an additional 77,975 shares during the period. Integrated Wealth Concepts LLC increased its holdings in shares of iShares iBonds 2026 Term High Yield and Income ETF by 1.4% during the 4th quarter. Integrated Wealth Concepts LLC now owns 326,572 shares of the company’s stock worth $7,537,000 after acquiring an additional 4,509 shares during the last quarter. Finally, NewEdge Advisors LLC increased its holdings in shares of iShares iBonds 2026 Term High Yield and Income ETF by 2.3% during the 4th quarter. NewEdge Advisors LLC now owns 225,309 shares of the company’s stock worth $5,200,000 after acquiring an additional 5,026 shares during the last quarter.

About iShares iBonds 2026 Term High Yield and Income ETF

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.