iShares iBonds 2030 Term High Yield and Income ETF (NYSEARCA:IBHJ) Trading 0.4% Higher – Still a Buy?

iShares iBonds 2030 Term High Yield and Income ETF (NYSEARCA:IBHJ)’s stock price rose 0.4% on Monday . The stock traded as high as $26.33 and last traded at $26.31. Approximately 11,518 shares were traded during mid-day trading, a decline of 36% from the average daily volume of 18,102 shares. The stock had previously closed at $26.20.

iShares iBonds 2030 Term High Yield and Income ETF Stock Performance

The business’s 50-day moving average is $26.35 and its two-hundred day moving average is $26.42.

iShares iBonds 2030 Term High Yield and Income ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Thursday, March 6th. Stockholders of record on Monday, March 3rd were issued a dividend of $0.1453 per share. The ex-dividend date of this dividend was Monday, March 3rd.

Institutional Trading of iShares iBonds 2030 Term High Yield and Income ETF

An institutional investor recently raised its position in iShares iBonds 2030 Term High Yield and Income ETF stock. Lbmc Investment Advisors LLC increased its position in shares of iShares iBonds 2030 Term High Yield and Income ETF (NYSEARCA:IBHJ) by 652.7% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 100,257 shares of the company’s stock after buying an additional 86,937 shares during the quarter. Lbmc Investment Advisors LLC owned about 12.53% of iShares iBonds 2030 Term High Yield and Income ETF worth $2,610,000 at the end of the most recent reporting period.

About iShares iBonds 2030 Term High Yield and Income ETF

The iShares iBonds 2030 Term High Yield and Income ETF (IBHJ) 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 2030. The fund will terminate in December 2030.