iShares iBonds Dec 2028 Term Muni Bond ETF (BATS:IBMQ) Trading Up 0.4% – What’s Next?

iShares iBonds Dec 2028 Term Muni Bond ETF (BATS:IBMQ)’s stock price traded up 0.4% during mid-day trading on Monday . The stock traded as high as $25.31 and last traded at $25.31. 107,294 shares changed hands during trading, The stock had previously closed at $25.21.

iShares iBonds Dec 2028 Term Muni Bond ETF Stock Up 0.1 %

The stock has a fifty day moving average price of $25.30 and a 200-day moving average price of $25.33.

Institutional Investors Weigh In On iShares iBonds Dec 2028 Term Muni Bond ETF

Several hedge funds have recently bought and sold shares of the business. STAR Financial Bank acquired a new position in iShares iBonds Dec 2028 Term Muni Bond ETF in the 2nd quarter valued at approximately $249,000. Parallel Advisors LLC grew its holdings in shares of iShares iBonds Dec 2028 Term Muni Bond ETF by 32.9% during the 2nd quarter. Parallel Advisors LLC now owns 12,912 shares of the company’s stock valued at $323,000 after acquiring an additional 3,196 shares in the last quarter. Peloton Wealth Strategists increased its stake in shares of iShares iBonds Dec 2028 Term Muni Bond ETF by 8.3% in the third quarter. Peloton Wealth Strategists now owns 13,000 shares of the company’s stock worth $333,000 after acquiring an additional 1,000 shares during the last quarter. Spinnaker Trust raised its holdings in shares of iShares iBonds Dec 2028 Term Muni Bond ETF by 5.2% during the third quarter. Spinnaker Trust now owns 19,150 shares of the company’s stock worth $491,000 after acquiring an additional 950 shares in the last quarter. Finally, Leavell Investment Management Inc. boosted its position 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 valued at $529,000 after purchasing an additional 12,326 shares during the last quarter.

About iShares iBonds Dec 2028 Term Muni Bond ETF

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.