iShares iBonds 2026 Term High Yield and Income ETF (BATS:IBHF) Sets New 52-Week Low – Here’s What Happened

iShares iBonds 2026 Term High Yield and Income ETF (BATS:IBHF) reached a new 52-week low on Thursday. The company traded as low as $22.37 and last traded at $22.37, with a volume of 624,860 shares changing hands. The stock had previously closed at $22.49.

iShares iBonds 2026 Term High Yield and Income ETF Price Performance

The firm has a market capitalization of $837.75 million, a P/E ratio of 10.85 and a beta of 0.29. The company has a fifty day moving average of $22.49 and a 200 day moving average of $22.64.

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

Several institutional investors and hedge funds have recently made changes to their positions in the business. Parallel Advisors LLC boosted its stake in iShares iBonds 2026 Term High Yield and Income ETF by 127.0% during the first quarter. Parallel Advisors LLC now owns 117,141 shares of the company’s stock worth $2,688,000 after acquiring an additional 65,541 shares in the last quarter. Heartland Bank & Trust Co grew its holdings in iShares iBonds 2026 Term High Yield and Income ETF by 15.8% during the first quarter. Heartland Bank & Trust Co now owns 34,659 shares of the company’s stock worth $795,000 after buying an additional 4,720 shares in the last quarter. Bank of New York Mellon Corp purchased a new stake in iShares iBonds 2026 Term High Yield and Income ETF in the 1st quarter valued at $200,000. Ascentis Independent Advisors raised its position in iShares iBonds 2026 Term High Yield and Income ETF by 133.1% in the 1st quarter. Ascentis Independent Advisors now owns 126,633 shares of the company’s stock valued at $2,906,000 after buying an additional 72,308 shares during the last quarter. Finally, Hurley Capital LLC lifted its stake in 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 valued at $12,105,000 after acquiring an additional 77,975 shares in the last quarter.

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.