iShares iBonds 2026 Term High Yield and Income ETF (BATS:IBHF) Reaches New 12-Month Low – What’s Next?

Shares of iShares iBonds 2026 Term High Yield and Income ETF (BATS:IBHF) hit a new 52-week low during mid-day trading on Tuesday . The company traded as low as $22.73 and last traded at $22.73, with a volume of 175188 shares. The stock had previously closed at $22.75.

iShares iBonds 2026 Term High Yield and Income ETF Stock Down 0.1%

The company has a market cap of $847.81 million, a PE ratio of 10.85 and a beta of 0.29. The business has a 50-day simple moving average of $22.91 and a 200-day simple moving average of $23.06.

Hedge Funds Weigh In On iShares iBonds 2026 Term High Yield and Income ETF

A number of hedge funds have recently bought and sold shares of IBHF. Captrust Financial Advisors purchased a new position in iShares iBonds 2026 Term High Yield and Income ETF during the second quarter worth approximately $254,000. North Star Investment Management Corp. boosted its position in iShares iBonds 2026 Term High Yield and Income ETF by 50.0% during the third quarter. North Star Investment Management Corp. now owns 3,000 shares of the company’s stock worth $70,000 after purchasing an additional 1,000 shares in the last quarter. Strategic Blueprint LLC boosted its position in iShares iBonds 2026 Term High Yield and Income ETF by 516.5% during the third quarter. Strategic Blueprint LLC now owns 304,051 shares of the company’s stock worth $7,112,000 after purchasing an additional 254,732 shares in the last quarter. Migdal Insurance & Financial Holdings Ltd. purchased a new position in iShares iBonds 2026 Term High Yield and Income ETF during the third quarter worth approximately $2,102,000. Finally, High Note Wealth LLC boosted its position in iShares iBonds 2026 Term High Yield and Income ETF by 16.5% during the third quarter. High Note Wealth LLC now owns 174,928 shares of the company’s stock worth $4,092,000 after purchasing an additional 24,761 shares in the last quarter.

About iShares iBonds 2026 Term High Yield and Income ETF

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.