iShares iBonds 2028 Term High Yield and Income ETF (BATS:IBHH) Shares Cross Above 200 Day Moving Average – What’s Next?

Shares of iShares iBonds 2028 Term High Yield and Income ETF (BATS:IBHH) crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $23.41 and traded as high as $23.71. iShares iBonds 2028 Term High Yield and Income ETF shares last traded at $23.66, with a volume of 82,354 shares traded.

iShares iBonds 2028 Term High Yield and Income ETF Price Performance

The firm’s 50 day moving average price is $23.60 and its two-hundred day moving average price is $23.42.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Integrated Wealth Concepts LLC lifted its stake in shares of iShares iBonds 2028 Term High Yield and Income ETF by 2.3% in the third quarter. Integrated Wealth Concepts LLC now owns 40,312 shares of the company’s stock valued at $959,000 after buying an additional 891 shares in the last quarter. GAMMA Investing LLC increased its position in shares of iShares iBonds 2028 Term High Yield and Income ETF by 229.5% during the third quarter. GAMMA Investing LLC now owns 119,522 shares of the company’s stock worth $2,845,000 after acquiring an additional 83,247 shares in the last quarter. Finally, Lbmc Investment Advisors LLC raised its holdings in shares of iShares iBonds 2028 Term High Yield and Income ETF by 105.5% in the 3rd quarter. Lbmc Investment Advisors LLC now owns 250,802 shares of the company’s stock worth $5,969,000 after acquiring an additional 128,735 shares during the last quarter.

About iShares iBonds 2028 Term High Yield and Income ETF

The iShares iBonds 2028 Term High Yield and Income ETF (IBHH) 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 2028. The fund will terminate in December 2028.