iShares iBonds Dec 2027 Term Muni Bond ETF (BATS:IBMP) Shares Up 0.1% – Here’s What Happened

iShares iBonds Dec 2027 Term Muni Bond ETF (BATS:IBMP)’s stock price were up 0.1% during mid-day trading on Wednesday . The stock traded as high as $25.45 and last traded at $25.44. Approximately 65,519 shares were traded during mid-day trading, a decline of 27% from the average daily volume of 89,334 shares. The stock had previously closed at $25.41.

iShares iBonds Dec 2027 Term Muni Bond ETF Trading Up 0.0%

The business has a 50-day simple moving average of $25.47 and a two-hundred day simple moving average of $25.44.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the business. Curbstone Financial Management Corp bought a new position in shares of iShares iBonds Dec 2027 Term Muni Bond ETF in the third quarter valued at about $552,000. PNC Financial Services Group Inc. bought a new stake in shares of iShares iBonds Dec 2027 Term Muni Bond ETF during the 2nd quarter worth about $250,000. Lbmc Investment Advisors LLC boosted its holdings in shares of iShares iBonds Dec 2027 Term Muni Bond ETF by 11.2% during the 3rd quarter. Lbmc Investment Advisors LLC now owns 471,757 shares of the company’s stock worth $12,018,000 after buying an additional 47,542 shares during the period. Heartwood Wealth Advisors LLC grew its stake in iShares iBonds Dec 2027 Term Muni Bond ETF by 2.3% in the 3rd quarter. Heartwood Wealth Advisors LLC now owns 771,347 shares of the company’s stock valued at $19,650,000 after buying an additional 17,508 shares during the last quarter. Finally, Blue Square Asset Management LLC raised its holdings in iShares iBonds Dec 2027 Term Muni Bond ETF by 4.3% in the 4th quarter. Blue Square Asset Management LLC now owns 46,209 shares of the company’s stock valued at $1,173,000 after acquiring an additional 1,902 shares during the period.

About iShares iBonds Dec 2027 Term Muni Bond ETF

The iShares iBonds Dec 2027 Term Muni Bond ETF (IBMP) 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 2027. IBMP was launched on Apr 9, 2019 and is managed by BlackRock.