iShares iBonds 2027 Term High Yield and Income ETF (BATS:IBHG) Stock Price Up 0% – Time to Buy?

Shares of iShares iBonds 2027 Term High Yield and Income ETF (BATS:IBHG) traded up 0% during trading on Friday . The company traded as high as $22.06 and last traded at $22.01. 112,807 shares were traded during trading, a decline of 25% from the average daily volume of 150,128 shares. The stock had previously closed at $22.00.

iShares iBonds 2027 Term High Yield and Income ETF Stock Performance

The company has a fifty day moving average price of $22.02 and a two-hundred day moving average price of $22.12.

Institutional Investors Weigh In On iShares iBonds 2027 Term High Yield and Income ETF

A number of institutional investors have recently added to or reduced their stakes in IBHG. JPMorgan Chase & Co. raised its stake in shares of iShares iBonds 2027 Term High Yield and Income ETF by 1,546.5% during the third quarter. JPMorgan Chase & Co. now owns 34,330 shares of the company’s stock valued at $772,000 after acquiring an additional 32,245 shares during the last quarter. Integrated Wealth Concepts LLC grew its stake in shares of iShares iBonds 2027 Term High Yield and Income ETF by 2.7% in the third quarter. Integrated Wealth Concepts LLC now owns 57,912 shares of the company’s stock worth $1,302,000 after purchasing an additional 1,531 shares during the last quarter. NewEdge Advisors LLC increased its holdings in iShares iBonds 2027 Term High Yield and Income ETF by 6.3% in the third quarter. NewEdge Advisors LLC now owns 140,502 shares of the company’s stock valued at $3,160,000 after purchasing an additional 8,331 shares during the period. Klaas Financial Asset Advisors LLC increased its holdings in iShares iBonds 2027 Term High Yield and Income ETF by 18.8% in the fourth quarter. Klaas Financial Asset Advisors LLC now owns 25,301 shares of the company’s stock valued at $565,000 after purchasing an additional 3,995 shares during the period. Finally, Heartland Bank & Trust Co raised its position in iShares iBonds 2027 Term High Yield and Income ETF by 5.7% during the 4th quarter. Heartland Bank & Trust Co now owns 33,434 shares of the company’s stock worth $746,000 after purchasing an additional 1,793 shares during the last quarter.

About iShares iBonds 2027 Term High Yield and Income ETF

The iShares iBonds 2027 Term High Yield and Income ETF (IBHG) 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 2027. The fund will terminate in December 2027. IBHG was launched on Jul 7, 2021 and is managed by BlackRock.