iShares iBonds 2026 Term High Yield and Income ETF (BATS:IBHF) Hits New 52-Week Low – Time to Sell?

iShares iBonds 2026 Term High Yield and Income ETF (BATS:IBHFGet Free Report)’s share price reached a new 52-week low during mid-day trading on Thursday . The company traded as low as $22.56 and last traded at $22.60, with a volume of 360858 shares. The stock had previously closed at $22.60.

iShares iBonds 2026 Term High Yield and Income ETF Price Performance

The company’s 50 day simple moving average is $22.78 and its 200 day simple moving average is $22.96. The firm has a market cap of $842.60 million, a price-to-earnings ratio of 10.85 and a beta of 0.29.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the stock. Private Trust Co. NA increased its holdings 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 purchasing an additional 610 shares during the period. North Star Investment Management Corp. raised its position in iShares iBonds 2026 Term High Yield and Income ETF by 42.2% in the 4th 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 in the last quarter. Bank of New York Mellon Corp acquired a new position in shares of iShares iBonds 2026 Term High Yield and Income ETF during the first quarter worth about $200,000. Eldridge Investment Advisors Inc. acquired a new position in shares of iShares iBonds 2026 Term High Yield and Income ETF during the fourth quarter worth about $215,000. Finally, Creative Financial Designs Inc. ADV grew its position in shares of 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 buying an additional 5,240 shares in the last quarter.

About iShares iBonds 2026 Term High Yield and Income ETF

(Get Free Report)

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.

Further Reading

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