iShares iBonds 2026 Term High Yield and Income ETF (BATS:IBHF) Hits New 12-Month Low – Should You Sell?

iShares iBonds 2026 Term High Yield and Income ETF (BATS:IBHF)’s stock price hit a new 52-week low during mid-day trading on Tuesday . The stock traded as low as $22.51 and last traded at $22.52, with a volume of 187674 shares changing hands. The stock had previously closed at $22.52.

iShares iBonds 2026 Term High Yield and Income ETF Price Performance

The firm has a market cap of $838.87 million, a price-to-earnings ratio of 10.85 and a beta of 0.29. The business has a 50 day moving average of $22.66 and a 200 day moving average of $22.88.

Institutional Investors Weigh In On iShares iBonds 2026 Term High Yield and Income ETF

Several hedge funds have recently modified their holdings of IBHF. Captrust Financial Advisors acquired a new position in shares of iShares iBonds 2026 Term High Yield and Income ETF in the second quarter valued at approximately $254,000. Flow Traders U.S. LLC purchased a new position in shares of iShares iBonds 2026 Term High Yield and Income ETF during the third quarter valued at approximately $270,000. Integrated Wealth Concepts LLC lifted its stake in shares of iShares iBonds 2026 Term High Yield and Income ETF by 1.8% during the third quarter. Integrated Wealth Concepts LLC now owns 322,063 shares of the company’s stock valued at $7,533,000 after buying an additional 5,794 shares during the period. NewEdge Advisors LLC boosted its position in iShares iBonds 2026 Term High Yield and Income ETF by 8.6% during the third quarter. NewEdge Advisors LLC now owns 220,283 shares of the company’s stock worth $5,152,000 after acquiring an additional 17,507 shares during the last quarter. Finally, Rebalance LLC boosted its position in iShares iBonds 2026 Term High Yield and Income ETF by 3.3% during the fourth quarter. Rebalance LLC now owns 48,254 shares of the company’s stock worth $1,114,000 after acquiring an additional 1,539 shares during the last quarter.

iShares iBonds 2026 Term High Yield and Income ETF Company Profile

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.