iShares iBonds Dec 2027 Term Muni Bond ETF (BATS:IBMP) Sets New 1-Year Low – What’s Next?

iShares iBonds Dec 2027 Term Muni Bond ETF (BATS:IBMP)’s stock price reached a new 52-week low during mid-day trading on Tuesday . The company traded as low as $25.27 and last traded at $25.29, with a volume of 103983 shares changing hands. The stock had previously closed at $25.32.

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

The firm’s fifty day moving average is $25.37 and its 200 day moving average is $25.39.

Hedge Funds Weigh In On iShares iBonds Dec 2027 Term Muni Bond ETF

Large investors have recently made changes to their positions in the business. Matthew Goff Investment Advisor LLC bought a new stake in iShares iBonds Dec 2027 Term Muni Bond ETF during the 1st quarter valued at approximately $7,534,000. PSI Advisors LLC acquired a new position in shares of iShares iBonds Dec 2027 Term Muni Bond ETF during the fourth quarter worth approximately $3,348,000. Spinnaker Trust lifted its holdings in shares of iShares iBonds Dec 2027 Term Muni Bond ETF by 9.8% during the first quarter. Spinnaker Trust now owns 74,784 shares of the company’s stock worth $1,903,000 after buying an additional 6,679 shares during the last quarter. Evergreen Private Wealth LLC boosted its position in shares of iShares iBonds Dec 2027 Term Muni Bond ETF by 6.9% in the first quarter. Evergreen Private Wealth LLC now owns 53,044 shares of the company’s stock valued at $1,349,000 after acquiring an additional 3,435 shares during the period. Finally, O Domhnaill Enterprises Inc. bought a new stake in shares of iShares iBonds Dec 2027 Term Muni Bond ETF in the first quarter valued at approximately $1,126,000.

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.