iShares iBonds 2029 Term High Yield and Income ETF (BATS:IBHI) Shares Up 0.1% – Here’s What Happened

iShares iBonds 2029 Term High Yield and Income ETF (BATS:IBHI) traded up 0.1% during trading on Tuesday . The company traded as high as $23.50 and last traded at $23.45. 270,580 shares were traded during mid-day trading, The stock had previously closed at $23.43.

iShares iBonds 2029 Term High Yield and Income ETF Stock Performance

The company’s fifty day simple moving average is $23.65 and its two-hundred day simple moving average is $23.56.

Institutional Investors Weigh In On iShares iBonds 2029 Term High Yield and Income ETF

A number of large investors have recently bought and sold shares of IBHI. JPMorgan Chase & Co. acquired a new stake in iShares iBonds 2029 Term High Yield and Income ETF during the third quarter worth approximately $1,672,000. Integrated Wealth Concepts LLC lifted its position in iShares iBonds 2029 Term High Yield and Income ETF by 13.6% during the third quarter. Integrated Wealth Concepts LLC now owns 36,461 shares of the company’s stock worth $872,000 after buying an additional 4,376 shares during the period. Flow Traders U.S. LLC acquired a new stake in iShares iBonds 2029 Term High Yield and Income ETF in the 3rd quarter worth about $263,000. Lbmc Investment Advisors LLC grew its holdings in iShares iBonds 2029 Term High Yield and Income ETF by 46.9% in the 3rd quarter. Lbmc Investment Advisors LLC now owns 118,810 shares of the company’s stock valued at $2,842,000 after buying an additional 37,925 shares during the period. Finally, GAMMA Investing LLC lifted its holdings in shares of iShares iBonds 2029 Term High Yield and Income ETF by 73.0% during the 3rd quarter. GAMMA Investing LLC now owns 8,754 shares of the company’s stock worth $209,000 after acquiring an additional 3,693 shares during the period.

About iShares iBonds 2029 Term High Yield and Income ETF

The iShares iBonds 2029 Term High Yield and Income ETF (IBHI) 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 2029. The fund will terminate in December 2029.