iShares iBonds 2028 Term High Yield and Income ETF (BATS:IBHH) Stock Price Down 0.8% – Time to Sell?

iShares iBonds 2028 Term High Yield and Income ETF (BATS:IBHH) traded down 0.8% on Thursday . The stock traded as low as $23.80 and last traded at $23.63. 109,717 shares traded hands during trading, an increase of 79% from the average session volume of 61,372 shares. The stock had previously closed at $23.81.

iShares iBonds 2028 Term High Yield and Income ETF Stock Down 0.8%

The company’s 50 day moving average price is $23.70 and its two-hundred day moving average price is $23.71.

Institutional Trading of iShares iBonds 2028 Term High Yield and Income ETF

A number of large investors have recently modified their holdings of the company. High Note Wealth LLC grew its holdings in iShares iBonds 2028 Term High Yield and Income ETF by 696.0% during the 4th quarter. High Note Wealth LLC now owns 6,042 shares of the company’s stock worth $143,000 after acquiring an additional 5,283 shares in the last quarter. Captrust Financial Advisors purchased a new stake in shares of iShares iBonds 2028 Term High Yield and Income ETF in the 2nd quarter worth approximately $271,000. Klaas Financial Asset Advisors LLC purchased a new stake in shares of iShares iBonds 2028 Term High Yield and Income ETF in the 4th quarter worth approximately $489,000. Heartland Bank & Trust Co boosted its stake in shares of iShares iBonds 2028 Term High Yield and Income ETF by 61.4% during the second quarter. Heartland Bank & Trust Co now owns 20,961 shares of the company’s stock valued at $497,000 after purchasing an additional 7,972 shares in the last quarter. Finally, Rebalance LLC purchased a new position in iShares iBonds 2028 Term High Yield and Income ETF during the fourth quarter valued at approximately $1,105,000.

iShares iBonds 2028 Term High Yield and Income ETF Company Profile

The iShares iBonds 2028 Term High Yield and Income ETF (IBHH) 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 2028. The fund will terminate in December 2028. IBHH was launched on Mar 8, 2022 and is managed by BlackRock.