iShares iBonds Dec 2029 Term Muni Bond ETF (BATS:IBMR) Shares Down 0.1% – Here’s Why

iShares iBonds Dec 2029 Term Muni Bond ETF (BATS:IBMRGet Free Report) fell 0.1% during mid-day trading on Friday . The company traded as low as $25.29 and last traded at $25.29. 65,467 shares were traded during trading, a decline of 0% from the average daily volume of 65,530 shares. The stock had previously closed at $25.32.

iShares iBonds Dec 2029 Term Muni Bond ETF Stock Down 0.1%

The business’s 50 day moving average price is $25.31 and its 200 day moving average price is $25.41.

Institutional Investors Weigh In On iShares iBonds Dec 2029 Term Muni Bond ETF

A number of large investors have recently added to or reduced their stakes in the stock. Confluence Investment Management LLC lifted its holdings in shares of iShares iBonds Dec 2029 Term Muni Bond ETF by 0.9% during the 2nd quarter. Confluence Investment Management LLC now owns 87,480 shares of the company’s stock valued at $2,221,000 after buying an additional 771 shares during the period. NewEdge Advisors LLC increased its position in iShares iBonds Dec 2029 Term Muni Bond ETF by 1.3% during the third quarter. NewEdge Advisors LLC now owns 84,023 shares of the company’s stock valued at $2,145,000 after acquiring an additional 1,106 shares during the last quarter. Integrated Wealth Concepts LLC lifted its holdings in iShares iBonds Dec 2029 Term Muni Bond ETF by 3.9% in the third quarter. Integrated Wealth Concepts LLC now owns 41,062 shares of the company’s stock valued at $1,048,000 after acquiring an additional 1,559 shares during the period. Flow Traders U.S. LLC lifted its holdings in iShares iBonds Dec 2029 Term Muni Bond ETF by 9.4% in the third quarter. Flow Traders U.S. LLC now owns 23,116 shares of the company’s stock valued at $590,000 after acquiring an additional 1,988 shares during the period. Finally, Parallel Advisors LLC boosted its position in iShares iBonds Dec 2029 Term Muni Bond ETF by 14.4% in the fourth quarter. Parallel Advisors LLC now owns 23,161 shares of the company’s stock worth $589,000 after purchasing an additional 2,911 shares during the last quarter.

iShares iBonds Dec 2029 Term Muni Bond ETF Company Profile

(Get Free Report)

The iShares iBonds Dec 2029 Term Muni Bond ETF (IBMR) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks the investment results of an investment-grade U.S. municipal bonds index expected to mature or be redeemed before mid-December 2029. IBMR was launched on May 9, 2023 and is managed by BlackRock.

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