iShares iBonds 2030 Term High Yield and Income ETF (NYSEARCA:IBHJ) Trading Down 0.2% – Here’s Why

iShares iBonds 2030 Term High Yield and Income ETF (NYSEARCA:IBHJ)’s share price traded down 0.2% during trading on Wednesday . The stock traded as low as $26.45 and last traded at $26.45. 1,144 shares changed hands during trading, a decline of 89% from the average session volume of 10,413 shares. The stock had previously closed at $26.49.

iShares iBonds 2030 Term High Yield and Income ETF Stock Down 0.4 %

The firm has a fifty day moving average price of $26.62 and a 200-day moving average price of $26.18.

iShares iBonds 2030 Term High Yield and Income ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Friday, September 6th. Stockholders of record on Tuesday, September 3rd were paid a dividend of $0.1421 per share. The ex-dividend date was Tuesday, September 3rd.

Hedge Funds Weigh In On iShares iBonds 2030 Term High Yield and Income ETF

A hedge fund recently bought a new stake in iShares iBonds 2030 Term High Yield and Income ETF stock. Lbmc Investment Advisors LLC purchased a new stake in shares of iShares iBonds 2030 Term High Yield and Income ETF (NYSEARCA:IBHJ) in the third quarter, according to its most recent 13F filing with the SEC. The fund purchased 13,320 shares of the company’s stock, valued at approximately $358,000. Lbmc Investment Advisors LLC owned approximately 1.67% of iShares iBonds 2030 Term High Yield and Income ETF at the end of the most recent reporting period.

About iShares iBonds 2030 Term High Yield and Income ETF

The iShares iBonds 2030 Term High Yield and Income ETF (IBHJ) 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 2030. The fund will terminate in December 2030.