iShares iBonds 2027 Term High Yield and Income ETF (BATS:IBHG) Shares Down 0.4% – What’s Next?

iShares iBonds 2027 Term High Yield and Income ETF (BATS:IBHG)’s stock price dropped 0.4% on Monday . The stock traded as low as $22.35 and last traded at $22.32. Approximately 160,328 shares changed hands during trading, an increase of 136% from the average daily volume of 67,936 shares. The stock had previously closed at $22.40.

iShares iBonds 2027 Term High Yield and Income ETF Trading Down 0.7 %

The business’s 50-day moving average is $22.41 and its two-hundred day moving average is $22.40.

iShares iBonds 2027 Term High Yield and Income ETF Increases Dividend

The business also recently announced a dividend, which was paid on Thursday, March 6th. Stockholders of record on Monday, March 3rd were paid a $0.1233 dividend. The ex-dividend date was Monday, March 3rd. This is a positive change from iShares iBonds 2027 Term High Yield and Income ETF’s previous dividend of $0.12.

Hedge Funds Weigh In On iShares iBonds 2027 Term High Yield and Income ETF

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Rebalance LLC purchased a new stake in shares of iShares iBonds 2027 Term High Yield and Income ETF during the fourth quarter valued at approximately $722,000. GAMMA Investing LLC grew its holdings in iShares iBonds 2027 Term High Yield and Income ETF by 44.7% during the 4th quarter. GAMMA Investing LLC now owns 183,996 shares of the company’s stock valued at $4,092,000 after purchasing an additional 56,868 shares in the last quarter. Integrated Wealth Concepts LLC increased its stake in iShares iBonds 2027 Term High Yield and Income ETF by 2.7% during the 3rd quarter. Integrated Wealth Concepts LLC now owns 46,857 shares of the company’s stock worth $1,059,000 after buying an additional 1,254 shares during the period. Klaas Financial Asset Advisors LLC purchased a new stake in iShares iBonds 2027 Term High Yield and Income ETF during the 4th quarter worth $275,000. Finally, Heartland Bank & Trust Co acquired a new position in iShares iBonds 2027 Term High Yield and Income ETF in the 4th quarter worth $240,000.

iShares iBonds 2027 Term High Yield and Income ETF Company Profile

The iShares iBonds 2027 Term High Yield and Income ETF (IBHG) 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 2027. The fund will terminate in December 2027.