iShares iBonds Dec 2027 Term Muni Bond ETF (BATS:IBMP) Stock Price Cross Above 200 Day Moving Average – Here’s What Happened

iShares iBonds Dec 2027 Term Muni Bond ETF (BATS:IBMP) shares crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $25.20 and traded as high as $25.32. iShares iBonds Dec 2027 Term Muni Bond ETF shares last traded at $25.31, with a volume of 128,135 shares changing hands.

iShares iBonds Dec 2027 Term Muni Bond ETF Trading Up 0.1 %

The business has a 50 day simple moving average of $25.33 and a two-hundred day simple moving average of $25.20.

iShares iBonds Dec 2027 Term Muni Bond ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Friday, September 6th. Shareholders of record on Tuesday, September 3rd were paid a dividend of $0.049 per share. The ex-dividend date was Tuesday, September 3rd.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in the stock. Integrated Wealth Concepts LLC increased its holdings in iShares iBonds Dec 2027 Term Muni Bond ETF by 30.7% during the 3rd quarter. Integrated Wealth Concepts LLC now owns 111,753 shares of the company’s stock worth $2,844,000 after purchasing an additional 26,270 shares during the last quarter. Captrust Financial Advisors boosted its stake in iShares iBonds Dec 2027 Term Muni Bond ETF by 26.5% in the third quarter. Captrust Financial Advisors now owns 25,791 shares of the company’s stock valued at $656,000 after acquiring an additional 5,400 shares during the period. Leavell Investment Management Inc. grew its holdings in shares of iShares iBonds Dec 2027 Term Muni Bond ETF by 115.9% during the third quarter. Leavell Investment Management Inc. now owns 57,912 shares of the company’s stock valued at $1,474,000 after purchasing an additional 31,086 shares during the last quarter. Sonata Capital Group Inc. acquired a new stake in shares of iShares iBonds Dec 2027 Term Muni Bond ETF during the 3rd quarter worth approximately $201,000. Finally, Confluence Investment Management LLC lifted its holdings in shares of iShares iBonds Dec 2027 Term Muni Bond ETF by 2.5% in the 3rd quarter. Confluence Investment Management LLC now owns 41,256 shares of the company’s stock worth $1,050,000 after purchasing an additional 997 shares during the last quarter.

iShares iBonds Dec 2027 Term Muni Bond ETF Company Profile

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.