iShares iBonds 2026 Term High Yield and Income ETF (BATS:IBHF) Sets New 12-Month Low – Time to Sell?

by · The Markets Daily

iShares iBonds 2026 Term High Yield and Income ETF (BATS:IBHF – Get Free Report) hit a new 52-week low during trading on Wednesday . The stock traded as low as $22.54 and last traded at $22.55, with a volume of 6441 shares traded. The stock had previously closed at $22.56.

iShares iBonds 2026 Term High Yield and Income ETF Stock Performance

The business’s 50 day moving average price is $22.69 and its two-hundred day moving average price is $22.89. The stock has a market cap of $840.36 million, a P/E ratio of 10.85 and a beta of 0.29.

Institutional Investors Weigh In On iShares iBonds 2026 Term High Yield and Income ETF

Hedge funds have recently made changes to their positions in the company. Parallel Advisors LLC grew its stake in iShares iBonds 2026 Term High Yield and Income ETF by 127.0% in the first quarter. Parallel Advisors LLC now owns 117,141 shares of the company’s stock worth $2,688,000 after purchasing an additional 65,541 shares during the period. Heartland Bank & Trust Co lifted its position in iShares iBonds 2026 Term High Yield and Income ETF by 15.8% during the first quarter. Heartland Bank & Trust Co now owns 34,659 shares of the company’s stock valued at $795,000 after buying an additional 4,720 shares during the period. Bank of New York Mellon Corp bought a new stake in shares of iShares iBonds 2026 Term High Yield and Income ETF during the 1st quarter valued at $200,000. Ascentis Independent Advisors grew its position in shares of iShares iBonds 2026 Term High Yield and Income ETF by 133.1% in the 1st quarter. Ascentis Independent Advisors now owns 126,633 shares of the company’s stock worth $2,906,000 after buying an additional 72,308 shares during the period. Finally, NewEdge Advisors LLC grew its position in shares of iShares iBonds 2026 Term High Yield and Income ETF by 2.3% in the 4th quarter. NewEdge Advisors LLC now owns 225,309 shares of the company’s stock worth $5,200,000 after buying an additional 5,026 shares during the period.

About iShares iBonds 2026 Term High Yield and Income ETF

(Get Free Report)

The iShares iBonds 2026 Term High Yield and Income ETF (IBHF) 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 2026. The fund will terminate in December 2026. IBHF was launched on Nov 10, 2020 and is managed by BlackRock.

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