iShares iBonds 2028 Term High Yield and Income ETF (BATS:IBHH) Share Price Cross Above Two Hundred Day Moving Average – Time to Sell?

Shares of iShares iBonds 2028 Term High Yield and Income ETF (BATS:IBHH) passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $23.40 and traded as high as $23.71. iShares iBonds 2028 Term High Yield and Income ETF shares last traded at $23.69, with a volume of 32,226 shares changing hands.

iShares iBonds 2028 Term High Yield and Income ETF Trading Up 0.2 %

The business’s 50-day moving average is $23.61 and its two-hundred day moving average is $23.40.

Hedge Funds Weigh In On iShares iBonds 2028 Term High Yield and Income ETF

Hedge funds and other institutional investors have recently modified their holdings of the business. GAMMA Investing LLC lifted its holdings in iShares iBonds 2028 Term High Yield and Income ETF by 52.6% during the second quarter. GAMMA Investing LLC now owns 36,275 shares of the company’s stock worth $839,000 after acquiring an additional 12,508 shares during the period. Integrated Wealth Concepts LLC increased its position in shares of iShares iBonds 2028 Term High Yield and Income ETF by 2.3% during the 3rd quarter. Integrated Wealth Concepts LLC now owns 40,312 shares of the company’s stock valued at $959,000 after purchasing an additional 891 shares during the last quarter. Finally, Lbmc Investment Advisors LLC raised its stake in shares of iShares iBonds 2028 Term High Yield and Income ETF by 59.1% during the 2nd quarter. Lbmc Investment Advisors LLC now owns 122,067 shares of the company’s stock worth $2,822,000 after purchasing an additional 45,349 shares during the period.

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.