iShares iBonds 2029 Term High Yield and Income ETF (BATS:IBHI) Share Price Cross Above 200 Day Moving Average – Time to Sell?

iShares iBonds 2029 Term High Yield and Income ETF (BATS:IBHI)’s share price crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $23.45 and traded as high as $23.76. iShares iBonds 2029 Term High Yield and Income ETF shares last traded at $23.71, with a volume of 43,788 shares trading hands.

iShares iBonds 2029 Term High Yield and Income ETF Price Performance

The stock has a 50 day moving average price of $23.74 and a two-hundred day moving average price of $23.45.

iShares iBonds 2029 Term High Yield and Income ETF Increases Dividend

The business also recently announced a dividend, which was paid on Friday, September 6th. Shareholders of record on Tuesday, September 3rd were issued a dividend of $0.1303 per share. The ex-dividend date was Tuesday, September 3rd. This is a boost from iShares iBonds 2029 Term High Yield and Income ETF’s previous dividend of $0.13.

Institutional Trading of iShares iBonds 2029 Term High Yield and Income ETF

A number of hedge funds have recently modified their holdings of the company. GAMMA Investing LLC increased its stake in iShares iBonds 2029 Term High Yield and Income ETF by 1,532.6% in the second quarter. GAMMA Investing LLC now owns 5,061 shares of the company’s stock valued at $117,000 after purchasing an additional 4,751 shares in the last quarter. Flow Traders U.S. LLC bought a new stake in shares of iShares iBonds 2029 Term High Yield and Income ETF in the 3rd quarter valued at $263,000. Integrated Wealth Concepts LLC raised its stake in iShares iBonds 2029 Term High Yield and Income ETF by 13.6% during the 3rd quarter. Integrated Wealth Concepts LLC now owns 36,461 shares of the company’s stock worth $872,000 after buying an additional 4,376 shares during the period. Finally, Lbmc Investment Advisors LLC bought a new position in iShares iBonds 2029 Term High Yield and Income ETF during the second quarter worth about $1,871,000.

About iShares iBonds 2029 Term High Yield and Income ETF

The iShares iBonds 2029 Term High Yield and Income ETF (IBHI) 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 2029. The fund will terminate in December 2029.