iShares iBonds Dec 2029 Term Muni Bond ETF (NYSEARCA:IBMR) Shares Down 0.2% – Time to Sell?

Shares of iShares iBonds Dec 2029 Term Muni Bond ETF (NYSEARCA:IBMR) traded down 0.2% on Monday . The stock traded as low as $25.58 and last traded at $25.59. 36,731 shares changed hands during trading, a decline of 67% from the average session volume of 110,192 shares. The stock had previously closed at $25.63.

iShares iBonds Dec 2029 Term Muni Bond ETF Stock Down 0.2%

The stock has a 50 day moving average of $25.49 and a 200-day moving average of $25.46.

Institutional Trading of iShares iBonds Dec 2029 Term Muni Bond ETF

A number of institutional investors have recently modified their holdings of IBMR. Lbmc Investment Advisors LLC grew its stake in iShares iBonds Dec 2029 Term Muni Bond ETF by 15.9% in the 3rd quarter. Lbmc Investment Advisors LLC now owns 260,666 shares of the company’s stock valued at $6,655,000 after buying an additional 35,845 shares in the last quarter. Praetorian Wealth Management Inc. boosted its holdings in shares of iShares iBonds Dec 2029 Term Muni Bond ETF by 17.2% in the fourth quarter. Praetorian Wealth Management Inc. now owns 205,521 shares of the company’s stock worth $5,226,000 after acquiring an additional 30,120 shares during the period. United Capital Financial Advisors LLC grew its position in shares of iShares iBonds Dec 2029 Term Muni Bond ETF by 14.7% in the third quarter. United Capital Financial Advisors LLC now owns 113,259 shares of the company’s stock valued at $2,891,000 after purchasing an additional 14,557 shares in the last quarter. NewEdge Advisors LLC grew its position in shares of iShares iBonds Dec 2029 Term Muni Bond ETF by 1.3% in the third quarter. NewEdge Advisors LLC now owns 84,023 shares of the company’s stock valued at $2,145,000 after purchasing an additional 1,106 shares in the last quarter. Finally, Confluence Investment Management LLC raised its stake in shares of iShares iBonds Dec 2029 Term Muni Bond ETF by 10.2% during the 4th quarter. Confluence Investment Management LLC now owns 81,442 shares of the company’s stock valued at $2,071,000 after purchasing an additional 7,507 shares during the period.

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.