iShares iBonds Dec 2028 Term Muni Bond ETF (BATS:IBMQ) Share Price Cross Above Two Hundred Day Moving Average – Should You Sell?

iShares iBonds Dec 2028 Term Muni Bond ETF (BATS:IBMQ) passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $25.27 and traded as high as $25.45. iShares iBonds Dec 2028 Term Muni Bond ETF shares last traded at $25.45, with a volume of 15,845 shares changing hands.

iShares iBonds Dec 2028 Term Muni Bond ETF Price Performance

The company’s 50 day moving average price is $25.41 and its two-hundred day moving average price is $25.27.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the stock. Spinnaker Trust lifted its position in iShares iBonds Dec 2028 Term Muni Bond ETF by 5.5% during the second quarter. Spinnaker Trust now owns 18,200 shares of the company’s stock worth $455,000 after buying an additional 945 shares in the last quarter. STAR Financial Bank purchased a new position in shares of iShares iBonds Dec 2028 Term Muni Bond ETF during the 2nd quarter worth $249,000. Lbmc Investment Advisors LLC boosted its position in shares of iShares iBonds Dec 2028 Term Muni Bond ETF by 49.2% during the 3rd quarter. Lbmc Investment Advisors LLC now owns 216,165 shares of the company’s stock valued at $5,540,000 after acquiring an additional 71,313 shares during the last quarter. Archford Capital Strategies LLC increased its position in iShares iBonds Dec 2028 Term Muni Bond ETF by 11.9% during the second quarter. Archford Capital Strategies LLC now owns 17,607 shares of the company’s stock worth $441,000 after purchasing an additional 1,879 shares during the last quarter. Finally, Leavell Investment Management Inc. raised its stake in iShares iBonds Dec 2028 Term Muni Bond ETF by 148.0% during the third quarter. Leavell Investment Management Inc. now owns 20,656 shares of the company’s stock worth $529,000 after purchasing an additional 12,326 shares during the period.

iShares iBonds Dec 2028 Term Muni Bond ETF Company Profile

The iShares iBonds Dec 2028 Term Muni Bond ETF (IBMQ) 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 2028. IBMQ was launched on Apr 16, 2019 and is managed by BlackRock.