iShares iBonds Dec 2028 Term Muni Bond ETF (BATS:IBMQ) Share Price Pass Above 200 Day Moving Average – Time to Sell?

iShares iBonds Dec 2028 Term Muni Bond ETF (BATS:IBMQ) passed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $25.26 and traded as high as $25.36. iShares iBonds Dec 2028 Term Muni Bond ETF shares last traded at $25.36, with a volume of 36,907 shares changing hands.

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

The business has a 50 day moving average price of $25.42 and a two-hundred day moving average price of $25.26.

iShares iBonds Dec 2028 Term Muni Bond ETF Cuts Dividend

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

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the business. STAR Financial Bank purchased a new position in iShares iBonds Dec 2028 Term Muni Bond ETF during the 2nd quarter valued at about $249,000. Parallel Advisors LLC increased its holdings in 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 purchasing an additional 3,196 shares during the period. Peloton Wealth Strategists increased its holdings in iShares iBonds Dec 2028 Term Muni Bond ETF by 8.3% during the 3rd quarter. Peloton Wealth Strategists now owns 13,000 shares of the company’s stock valued at $333,000 after purchasing an additional 1,000 shares during the period. Exchange Capital Management Inc. purchased a new position in iShares iBonds Dec 2028 Term Muni Bond ETF during the 2nd quarter valued at about $328,000. Finally, Archford Capital Strategies LLC grew its holdings in shares of iShares iBonds Dec 2028 Term Muni Bond ETF by 11.9% during the 2nd quarter. Archford Capital Strategies LLC now owns 17,607 shares of the company’s stock worth $441,000 after acquiring an additional 1,879 shares during the period.

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.