iShares iBonds 2027 Term High Yield and Income ETF (BATS:IBHG) Trading 0% Higher – Should You Buy?

iShares iBonds 2027 Term High Yield and Income ETF (BATS:IBHGGet Free Report)’s share price were up 0% during mid-day trading on Friday . The stock traded as high as $22.06 and last traded at $22.01. Approximately 112,807 shares changed hands during trading, a decline of 25% from the average session volume of 150,128 shares. The stock had previously closed at $22.00.

iShares iBonds 2027 Term High Yield and Income ETF Stock Up 0.0%

The business’s 50 day simple moving average is $22.02 and its 200 day simple moving average is $22.12.

Hedge Funds Weigh In On iShares iBonds 2027 Term High Yield and Income ETF

Institutional investors have recently added to or reduced their stakes in the stock. Bank of New York Mellon Corp purchased a new stake in iShares iBonds 2027 Term High Yield and Income ETF during the 1st quarter valued at approximately $8,868,000. JPMorgan Chase & Co. grew its stake in shares of iShares iBonds 2027 Term High Yield and Income ETF by 1,546.5% in the 3rd quarter. JPMorgan Chase & Co. now owns 34,330 shares of the company’s stock valued at $772,000 after purchasing an additional 32,245 shares during the last quarter. Integrated Wealth Concepts LLC grew its stake in shares of iShares iBonds 2027 Term High Yield and Income ETF by 24.5% in the 4th quarter. Integrated Wealth Concepts LLC now owns 72,105 shares of the company’s stock valued at $1,609,000 after purchasing an additional 14,193 shares during the last quarter. Hurley Capital LLC increased its holdings in shares of iShares iBonds 2027 Term High Yield and Income ETF by 7.5% in the fourth quarter. Hurley Capital LLC now owns 187,650 shares of the company’s stock valued at $4,188,000 after purchasing an additional 13,022 shares during the period. Finally, NewEdge Advisors LLC increased its holdings in shares of iShares iBonds 2027 Term High Yield and Income ETF by 8.8% in the fourth quarter. NewEdge Advisors LLC now owns 152,907 shares of the company’s stock valued at $3,413,000 after purchasing an additional 12,405 shares during the period.

About iShares iBonds 2027 Term High Yield and Income ETF

(Get Free Report)

The iShares iBonds 2027 Term High Yield and Income ETF (IBHG) 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 2027. The fund will terminate in December 2027. IBHG was launched on Jul 7, 2021 and is managed by BlackRock.

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