iShares iBonds 2029 Term High Yield and Income ETF (BATS:IBHI) Shares Up 0.1% – Should You Buy?

Posted by Patrick Bannon on Jan 2nd, 2025

iShares iBonds 2029 Term High Yield and Income ETF (BATS:IBHI – Get Free Report)’s stock price rose 0.1% during mid-day trading on Tuesday . The stock traded as high as $23.50 and last traded at $23.45. Approximately 270,580 shares traded hands during mid-day trading, The stock had previously closed at $23.43.

iShares iBonds 2029 Term High Yield and Income ETF Stock Performance

The stock has a fifty day simple moving average of $23.65 and a 200-day simple moving average of $23.56.

Hedge Funds Weigh In On iShares iBonds 2029 Term High Yield and Income ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in the company. Lbmc Investment Advisors LLC grew its position in shares of iShares iBonds 2029 Term High Yield and Income ETF by 46.9% in the 3rd quarter. Lbmc Investment Advisors LLC now owns 118,810 shares of the company’s stock valued at $2,842,000 after purchasing an additional 37,925 shares during the period. Flow Traders U.S. LLC acquired a new position in shares of iShares iBonds 2029 Term High Yield and Income ETF during the 3rd quarter worth about $263,000. GAMMA Investing LLC grew its stake in iShares iBonds 2029 Term High Yield and Income ETF by 73.0% in the third quarter. GAMMA Investing LLC now owns 8,754 shares of the company’s stock valued at $209,000 after purchasing an additional 3,693 shares in the last quarter. JPMorgan Chase & Co. bought a new position in shares of iShares iBonds 2029 Term High Yield and Income ETF in the third quarter valued at $1,672,000. Finally, Integrated Wealth Concepts LLC increased its holdings in iShares iBonds 2029 Term High Yield and Income ETF by 13.6% during the third 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 last quarter.

About iShares iBonds 2029 Term High Yield and Income ETF

(Get Free Report)

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.