iShares iBonds 2025 Term High Yield and Income ETF (BATS:IBHE) Stock Pass Above 200-Day Moving Average – Here’s What Happened

Shares of iShares iBonds 2025 Term High Yield and Income ETF (BATS:IBHE) passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $23.23 and traded as high as $23.25. iShares iBonds 2025 Term High Yield and Income ETF shares last traded at $23.24, with a volume of 124,414 shares.

iShares iBonds 2025 Term High Yield and Income ETF Price Performance

The business has a fifty day moving average of $23.22 and a 200-day moving average of $23.23.

iShares iBonds 2025 Term High Yield and Income ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Friday, September 6th. Shareholders of record on Tuesday, September 3rd were issued a $0.1413 dividend. This is an increase from iShares iBonds 2025 Term High Yield and Income ETF’s previous dividend of $0.14. The ex-dividend date was Tuesday, September 3rd.

Institutional Trading of iShares iBonds 2025 Term High Yield and Income ETF

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Comerica Bank raised its stake in shares of iShares iBonds 2025 Term High Yield and Income ETF by 31.1% during the 1st quarter. Comerica Bank now owns 6,225 shares of the company’s stock worth $146,000 after purchasing an additional 1,475 shares in the last quarter. Exchange Capital Management Inc. boosted its position in iShares iBonds 2025 Term High Yield and Income ETF by 7.0% in the second quarter. Exchange Capital Management Inc. now owns 11,523 shares of the company’s stock valued at $268,000 after buying an additional 753 shares in the last quarter. Mascoma Wealth Management LLC raised its position in iShares iBonds 2025 Term High Yield and Income ETF by 7,156.3% in the 2nd quarter. Mascoma Wealth Management LLC now owns 13,932 shares of the company’s stock valued at $324,000 after purchasing an additional 13,740 shares during the last quarter. Rebalance LLC bought a new position in shares of iShares iBonds 2025 Term High Yield and Income ETF in the third quarter valued at about $505,000. Finally, Sunbelt Securities Inc. lifted its position in shares of iShares iBonds 2025 Term High Yield and Income ETF by 9.9% during the second quarter. Sunbelt Securities Inc. now owns 22,190 shares of the company’s stock worth $516,000 after purchasing an additional 2,000 shares in the last quarter.

About iShares iBonds 2025 Term High Yield and Income ETF

The iShares iBonds 2025 Term High Yield and Income ETF (IBHE) 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 2025. The fund will terminate in December 2025.