iShares iBonds 2026 Term High Yield and Income ETF (BATS:IBHF) Sets New 1-Year Low – Here’s What Happened

iShares iBonds 2026 Term High Yield and Income ETF (BATS:IBHF)’s share price reached a new 52-week low during mid-day trading on Wednesday . The company traded as low as $22.54 and last traded at $22.55, with a volume of 6441 shares. The stock had previously closed at $22.56.

iShares iBonds 2026 Term High Yield and Income ETF Stock Performance

The business has a 50-day simple moving average of $22.68 and a 200-day simple moving average of $22.89. The company has a market cap of $839.99 million, a price-to-earnings ratio of 10.85 and a beta of 0.29.

Institutional Trading of iShares iBonds 2026 Term High Yield and Income ETF

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Private Trust Co. NA raised its position in shares of iShares iBonds 2026 Term High Yield and Income ETF by 26.0% during the 4th quarter. Private Trust Co. NA now owns 2,955 shares of the company’s stock worth $68,000 after acquiring an additional 610 shares in the last quarter. North Star Investment Management Corp. boosted its stake in shares of iShares iBonds 2026 Term High Yield and Income ETF by 42.2% during the fourth quarter. North Star Investment Management Corp. now owns 4,265 shares of the company’s stock worth $98,000 after buying an additional 1,265 shares during the period. Rebalance LLC lifted its position in iShares iBonds 2026 Term High Yield and Income ETF by 3.3% during the 4th quarter. Rebalance LLC now owns 48,254 shares of the company’s stock worth $1,114,000 after acquiring an additional 1,539 shares during the period. Heartland Bank & Trust Co grew its position in iShares iBonds 2026 Term High Yield and Income ETF by 9.7% in the 4th quarter. Heartland Bank & Trust Co now owns 29,939 shares of the company’s stock valued at $691,000 after buying an additional 2,647 shares during the last quarter. Finally, Klaas Financial Asset Advisors LLC increased its stake in shares of iShares iBonds 2026 Term High Yield and Income ETF by 17.3% during the fourth quarter. Klaas Financial Asset Advisors LLC now owns 28,056 shares of the company’s stock worth $648,000 after acquiring an additional 4,147 shares during the period.

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.