iShares iBonds 2026 Term High Yield and Income ETF (BATS:IBHF) Hits New 1-Year Low – What’s Next?

Shares of iShares iBonds 2026 Term High Yield and Income ETF (BATS:IBHF) reached a new 52-week low on Tuesday . The stock traded as low as $22.69 and last traded at $22.73, with a volume of 7220 shares. The stock had previously closed at $22.75.

iShares iBonds 2026 Term High Yield and Income ETF Trading Down 0.2%

The stock’s 50 day moving average is $22.86 and its two-hundred day moving average is $23.03. The stock has a market capitalization of $845.58 million, a price-to-earnings ratio of 10.85 and a beta of 0.29.

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

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. Private Trust Co. NA boosted its position in iShares iBonds 2026 Term High Yield and Income ETF by 26.0% during the 4th quarter. Private Trust Co. NA now owns 2,955 shares of the company’s stock worth $68,000 after acquiring an additional 610 shares during the last quarter. North Star Investment Management Corp. raised its holdings in shares of iShares iBonds 2026 Term High Yield and Income ETF by 42.2% in the fourth quarter. North Star Investment Management Corp. now owns 4,265 shares of the company’s stock valued at $98,000 after purchasing an additional 1,265 shares during the last quarter. Bank of New York Mellon Corp acquired a new stake in shares of iShares iBonds 2026 Term High Yield and Income ETF in the first quarter valued at approximately $200,000. Eldridge Investment Advisors Inc. bought a new stake in shares of iShares iBonds 2026 Term High Yield and Income ETF in the fourth quarter worth $215,000. Finally, Creative Financial Designs Inc. ADV boosted its holdings in iShares iBonds 2026 Term High Yield and Income ETF by 94.0% during the third quarter. Creative Financial Designs Inc. ADV now owns 10,814 shares of the company’s stock worth $253,000 after purchasing an additional 5,240 shares during 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.