iShares iBonds 2024 Term High Yield and Income ETF (BATS:IBHD) Share Price Cross Above 200-Day Moving Average – Should You Sell?

iShares iBonds 2024 Term High Yield and Income ETF (BATS:IBHD) shares crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $23.21 and traded as high as $23.27. iShares iBonds 2024 Term High Yield and Income ETF shares last traded at $23.25, with a volume of 164,349 shares traded.

iShares iBonds 2024 Term High Yield and Income ETF Stock Up 0.1 %

The business has a 50 day moving average price of $23.23 and a 200 day moving average price of $23.21.

iShares iBonds 2024 Term High Yield and Income ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Friday, September 6th. Stockholders of record on Tuesday, September 3rd were given a dividend of $0.1169 per share. The ex-dividend date of this dividend was Tuesday, September 3rd.

Hedge Funds Weigh In On iShares iBonds 2024 Term High Yield and Income ETF

Hedge funds have recently bought and sold shares of the company. Lbmc Investment Advisors LLC increased its holdings in iShares iBonds 2024 Term High Yield and Income ETF by 0.6% in the third quarter. Lbmc Investment Advisors LLC now owns 80,974 shares of the company’s stock valued at $1,886,000 after buying an additional 493 shares during the last quarter. GAMMA Investing LLC lifted its position in iShares iBonds 2024 Term High Yield and Income ETF by 106.8% during the 2nd quarter. GAMMA Investing LLC now owns 47,592 shares of the company’s stock worth $1,106,000 after acquiring an additional 24,573 shares during the period. Finally, Mill Creek Capital Advisors LLC increased its stake in iShares iBonds 2024 Term High Yield and Income ETF by 1.5% in the 3rd quarter. Mill Creek Capital Advisors LLC now owns 36,592 shares of the company’s stock valued at $852,000 after buying an additional 549 shares during the period.

About iShares iBonds 2024 Term High Yield and Income ETF

The iShares iBonds 2024 Term High Yield and Income ETF (IBHD) 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 2024. The fund will terminate in December 2024.