iShares iBonds 2026 Term High Yield and Income ETF $IBHF Stake Trimmed by Collaborative Fund Advisors LLC

Collaborative Fund Advisors LLC lowered its holdings in iShares iBonds 2026 Term High Yield and Income ETF (BATS:IBHF) by 28.2% in the third quarter, HoldingsChannel.com reports. The firm owned 64,886 shares of the company’s stock after selling 25,472 shares during the quarter. iShares iBonds 2026 Term High Yield and Income ETF comprises approximately 0.8% of Collaborative Fund Advisors LLC’s holdings, making the stock its 29th biggest holding. Collaborative Fund Advisors LLC’s holdings in iShares iBonds 2026 Term High Yield and Income ETF were worth $1,462,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently made changes to their positions in the business. Parallel Advisors LLC grew its position in shares of iShares iBonds 2026 Term High Yield and Income ETF by 127.0% during the 1st quarter. Parallel Advisors LLC now owns 117,141 shares of the company’s stock worth $2,688,000 after purchasing an additional 65,541 shares in the last quarter. Arrow Financial Corp acquired a new stake in shares of iShares iBonds 2026 Term High Yield and Income ETF in the third quarter valued at approximately $2,084,000. North Star Investment Management Corp. bought a new stake in shares of iShares iBonds 2026 Term High Yield and Income ETF in the third quarter valued at approximately $105,000. Rebalance LLC boosted its stake in shares of iShares iBonds 2026 Term High Yield and Income ETF by 3.3% in the third quarter. Rebalance LLC now owns 36,978 shares of the company’s stock valued at $833,000 after buying an additional 1,188 shares during the period. Finally, Bank of New York Mellon Corp bought a new stake in shares of iShares iBonds 2026 Term High Yield and Income ETF in the first quarter valued at approximately $200,000.

iShares iBonds 2026 Term High Yield and Income ETF Price Performance

Shares of BATS:IBHF opened at $22.47 on Thursday. The company has a market capitalization of $837.01 million, a P/E ratio of 10.85 and a beta of 0.29. iShares iBonds 2026 Term High Yield and Income ETF has a 1 year low of $22.37 and a 1 year high of $23.28. The business’s 50 day simple moving average is $22.50 and its 200 day simple moving average is $22.71.

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.