iShares iBonds Dec 2029 Term Muni Bond ETF (BATS:IBMR) Shares Up 0% – Time to Buy?

iShares iBonds Dec 2029 Term Muni Bond ETF (BATS:IBMR)’s share price traded up 0% on Monday . The stock traded as high as $25.39 and last traded at $25.37. 35,631 shares traded hands during trading, a decline of 48% from the average session volume of 68,557 shares. The stock had previously closed at $25.36.

iShares iBonds Dec 2029 Term Muni Bond ETF Stock Performance

The stock has a 50-day moving average price of $25.34 and a 200-day moving average price of $25.45.

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

A number of institutional investors have recently modified their holdings of IBMR. HORAN Wealth LLC acquired a new stake in iShares iBonds Dec 2029 Term Muni Bond ETF during the first quarter valued at approximately $217,000. Cary Street Partners Financial LLC raised its stake in iShares iBonds Dec 2029 Term Muni Bond ETF by 8.6% during the 3rd quarter. Cary Street Partners Financial LLC now owns 8,686 shares of the company’s stock valued at $222,000 after acquiring an additional 690 shares in the last quarter. Crews Bank & Trust raised its stake in shares of iShares iBonds Dec 2029 Term Muni Bond ETF by 2.3% during the fourth quarter. Crews Bank & Trust now owns 18,125 shares of the company’s stock valued at $461,000 after purchasing an additional 415 shares in the last quarter. 10Elms LLP raised its position in shares of iShares iBonds Dec 2029 Term Muni Bond ETF by 3.6% during the 3rd quarter. 10Elms LLP now owns 20,400 shares of the company’s stock worth $521,000 after buying an additional 700 shares in the last quarter. Finally, Prime Capital Investment Advisors LLC raised its holdings in iShares iBonds Dec 2029 Term Muni Bond ETF by 4.3% during the fourth quarter. Prime Capital Investment Advisors LLC now owns 20,497 shares of the company’s stock worth $521,000 after purchasing an additional 853 shares in the last quarter.

iShares iBonds Dec 2029 Term Muni Bond ETF Company Profile

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.