iShares iBonds 2028 Term High Yield and Income ETF (BATS:IBHH) Declares Dividend Increase – $0.14 Per Share

iShares iBonds 2028 Term High Yield and Income ETF (BATS:IBHH) announced a dividend on Thursday, March 28th, NASDAQ reports. Shareholders of record on Tuesday, April 2nd will be paid a dividend of 0.1434 per share on Friday, April 5th. The ex-dividend date of this dividend is Monday, April 1st. This is an increase from iShares iBonds 2028 Term High Yield and Income ETF’s previous dividend of $0.14.

iShares iBonds 2028 Term High Yield and Income ETF Trading Down 0.2 %

Shares of BATS IBHH traded down $0.04 during midday trading on Friday, reaching $23.34. The company’s stock had a trading volume of 18,341 shares. The stock’s fifty day moving average price is $23.25 and its 200 day moving average price is $22.79.

Institutional Investors Weigh In On iShares iBonds 2028 Term High Yield and Income ETF

An institutional investor recently bought a new position in iShares iBonds 2028 Term High Yield and Income ETF stock. Cambridge Investment Research Advisors Inc. purchased a new stake in iShares iBonds 2028 Term High Yield and Income ETF (BATS:IBHH) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 21,038 shares of the company’s stock, valued at approximately $490,000.

iShares iBonds 2028 Term High Yield and Income ETF Company Profile

The iShares iBonds 2028 Term High Yield and Income ETF (IBHH) 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 2028. The fund will terminate in December 2028.