iShares iBonds 2027 Term High Yield and Income ETF (BATS:IBHG) Trading Down 0% – Should You Sell?

iShares iBonds 2027 Term High Yield and Income ETF (BATS:IBHG)’s share price were down 0% during mid-day trading on Tuesday . The stock traded as low as $22.40 and last traded at $22.46. Approximately 19,458 shares changed hands during mid-day trading, The stock had previously closed at $22.47.

iShares iBonds 2027 Term High Yield and Income ETF Stock Performance

The company has a 50-day simple moving average of $22.43 and a 200-day simple moving average of $22.20.

iShares iBonds 2027 Term High Yield and Income ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Friday, September 6th. Stockholders of record on Tuesday, September 3rd were given a $0.1275 dividend. The ex-dividend date of this dividend was Tuesday, September 3rd. This is a boost from iShares iBonds 2027 Term High Yield and Income ETF’s previous dividend of $0.13.

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

A hedge fund recently raised its stake in iShares iBonds 2027 Term High Yield and Income ETF stock. GAMMA Investing LLC increased its position in shares of iShares iBonds 2027 Term High Yield and Income ETF (BATS:IBHG) by 33.3% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 33,037 shares of the company’s stock after acquiring an additional 8,244 shares during the quarter. GAMMA Investing LLC owned about 0.67% of iShares iBonds 2027 Term High Yield and Income ETF worth $728,000 as of its most recent SEC filing.

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.