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

iShares iBonds 2026 Term High Yield and Income ETF (BATS:IBHF) reached a new 52-week low during trading on Tuesday . The stock traded as low as $22.69 and last traded at $22.73, with a volume of 7220 shares changing hands. 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 $849.67 million, a P/E ratio of 10.85 and a beta of 0.29. The business’s 50-day simple moving average is $22.86 and its two-hundred day simple moving average is $23.02.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the business. Parallel Advisors LLC grew its stake in iShares iBonds 2026 Term High Yield and Income ETF by 127.0% in the 1st quarter. Parallel Advisors LLC now owns 117,141 shares of the company’s stock valued at $2,688,000 after buying an additional 65,541 shares in the last quarter. Heartland Bank & Trust Co lifted its position in shares of 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 acquiring an additional 4,720 shares in the last quarter. Bank of New York Mellon Corp purchased a new stake in shares of iShares iBonds 2026 Term High Yield and Income ETF during the first quarter worth $200,000. Ascentis Independent Advisors boosted its holdings in shares of iShares iBonds 2026 Term High Yield and Income ETF by 133.1% in the first quarter. Ascentis Independent Advisors now owns 126,633 shares of the company’s stock worth $2,906,000 after acquiring an additional 72,308 shares during the period. Finally, NewEdge Advisors LLC boosted its holdings in shares of iShares iBonds 2026 Term High Yield and Income ETF by 2.3% in the fourth 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 period.

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.