iShares iBonds Dec 2029 Term Muni Bond ETF (NYSEARCA:IBMR) Stock Price Up 0.1% – Here’s Why

iShares iBonds Dec 2029 Term Muni Bond ETF (NYSEARCA:IBMR) shot up 0.1% during trading on Tuesday . The company traded as high as $25.74 and last traded at $25.74. 69,022 shares traded hands during trading, a decline of 23% from the average session volume of 89,356 shares. The stock had previously closed at $25.71.

iShares iBonds Dec 2029 Term Muni Bond ETF Price Performance

The company’s 50-day moving average price is $25.57 and its two-hundred day moving average price is $25.50.

Institutional Trading of iShares iBonds Dec 2029 Term Muni Bond ETF

Several institutional investors and hedge funds have recently bought and sold shares of the company. Crews Bank & Trust raised its position in shares of iShares iBonds Dec 2029 Term Muni Bond ETF by 2.3% during the 4th quarter. Crews Bank & Trust now owns 18,125 shares of the company’s stock valued at $461,000 after acquiring an additional 415 shares in the last quarter. Cary Street Partners Financial LLC increased its stake in iShares iBonds Dec 2029 Term Muni Bond ETF by 8.6% during the third quarter. Cary Street Partners Financial LLC now owns 8,686 shares of the company’s stock valued at $222,000 after purchasing an additional 690 shares during the last quarter. 10Elms LLP raised its holdings in shares of iShares iBonds Dec 2029 Term Muni Bond ETF by 3.6% during the third quarter. 10Elms LLP now owns 20,400 shares of the company’s stock worth $521,000 after purchasing an additional 700 shares during the period. Prime Capital Investment Advisors LLC lifted its position in shares of iShares iBonds Dec 2029 Term Muni Bond ETF by 4.3% in the 4th quarter. Prime Capital Investment Advisors LLC now owns 20,497 shares of the company’s stock worth $521,000 after buying an additional 853 shares during the last quarter. Finally, Atlantic Union Bankshares Corp lifted its position in shares of iShares iBonds Dec 2029 Term Muni Bond ETF by 1.7% in the 3rd quarter. Atlantic Union Bankshares Corp now owns 57,087 shares of the company’s stock worth $1,457,000 after buying an additional 975 shares during 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.