iShares iBonds 2025 Term High Yield and Income ETF (BATS:IBHE) Shares Cross Above 200 Day Moving Average – Here’s What Happened

iShares iBonds 2025 Term High Yield and Income ETF (BATS:IBHE) crossed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $23.23 and traded as high as $23.25. iShares iBonds 2025 Term High Yield and Income ETF shares last traded at $23.24, with a volume of 124,414 shares traded.

iShares iBonds 2025 Term High Yield and Income ETF Stock Performance

The stock’s 50-day moving average is $23.22 and its 200 day moving average is $23.23.

iShares iBonds 2025 Term High Yield and Income ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Friday, September 6th. Stockholders of record on Tuesday, September 3rd were issued a dividend of $0.1413 per share. The ex-dividend date of this dividend was Tuesday, September 3rd. This is a positive change from iShares iBonds 2025 Term High Yield and Income ETF’s previous dividend of $0.14.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in IBHE. Comerica Bank raised its position in shares of iShares iBonds 2025 Term High Yield and Income ETF by 31.1% in the 1st quarter. Comerica Bank now owns 6,225 shares of the company’s stock valued at $146,000 after purchasing an additional 1,475 shares during the last quarter. GAMMA Investing LLC lifted its stake in shares of iShares iBonds 2025 Term High Yield and Income ETF by 124.0% during the second quarter. GAMMA Investing LLC now owns 52,199 shares of the company’s stock worth $1,215,000 after buying an additional 28,901 shares during the period. Lbmc Investment Advisors LLC grew its holdings in shares of iShares iBonds 2025 Term High Yield and Income ETF by 28.9% during the second quarter. Lbmc Investment Advisors LLC now owns 143,910 shares of the company’s stock valued at $3,349,000 after buying an additional 32,301 shares during the last quarter. Exchange Capital Management Inc. increased its position in shares of iShares iBonds 2025 Term High Yield and Income ETF by 7.0% in the 2nd quarter. Exchange Capital Management Inc. now owns 11,523 shares of the company’s stock valued at $268,000 after acquiring an additional 753 shares during the period. Finally, Cambridge Investment Research Advisors Inc. raised its stake in iShares iBonds 2025 Term High Yield and Income ETF by 41.7% in the 2nd quarter. Cambridge Investment Research Advisors Inc. now owns 141,023 shares of the company’s stock worth $3,282,000 after acquiring an additional 41,522 shares during the last quarter.

About iShares iBonds 2025 Term High Yield and Income ETF

The iShares iBonds 2025 Term High Yield and Income ETF (IBHE) 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 2025. The fund will terminate in December 2025.