iShares iBonds 2025 Term High Yield and Income ETF (BATS:IBHE) Shares Up 0.2% – Still a Buy?

iShares iBonds 2025 Term High Yield and Income ETF (BATS:IBHE) rose 0.2% during trading on Monday . The company traded as high as $23.26 and last traded at $23.25. Approximately 136,689 shares changed hands during trading, a decline of 29% from the average daily volume of 192,361 shares. The stock had previously closed at $23.21.

iShares iBonds 2025 Term High Yield and Income ETF Stock Down 0.2 %

The stock has a 50 day moving average of $23.24 and a two-hundred day moving average of $23.22.

iShares iBonds 2025 Term High Yield and Income ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Thursday, March 6th. Stockholders of record on Monday, March 3rd were paid a $0.106 dividend. The ex-dividend date was Monday, March 3rd.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. Janney Montgomery Scott LLC bought a new stake in iShares iBonds 2025 Term High Yield and Income ETF during the fourth quarter valued at about $275,000. Klaas Financial Asset Advisors LLC lifted its position in shares of iShares iBonds 2025 Term High Yield and Income ETF by 17.9% during the 4th quarter. Klaas Financial Asset Advisors LLC now owns 15,854 shares of the company’s stock worth $368,000 after purchasing an additional 2,408 shares during the last quarter. Private Trust Co. NA grew its holdings in iShares iBonds 2025 Term High Yield and Income ETF by 43.7% in the 4th quarter. Private Trust Co. NA now owns 2,644 shares of the company’s stock valued at $61,000 after buying an additional 804 shares during the last quarter. Rebalance LLC grew its holdings in iShares iBonds 2025 Term High Yield and Income ETF by 107.8% in the 4th quarter. Rebalance LLC now owns 45,040 shares of the company’s stock valued at $1,045,000 after buying an additional 23,361 shares during the last quarter. Finally, Heartland Bank & Trust Co bought a new position in iShares iBonds 2025 Term High Yield and Income ETF in the 4th quarter worth approximately $232,000.

iShares iBonds 2025 Term High Yield and Income ETF Company Profile

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.