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

Shares of iShares iBonds Dec 2028 Term Muni Bond ETF (BATS:IBMQ) passed above its 200-day moving average during trading on Thursday . The stock has a 200-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 trading hands.

iShares iBonds Dec 2028 Term Muni Bond ETF Price Performance

The firm has a 50-day moving average of $25.42 and a 200-day moving average of $25.26.

iShares iBonds Dec 2028 Term Muni Bond ETF Cuts Dividend

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

Hedge Funds Weigh In On iShares iBonds Dec 2028 Term Muni Bond ETF

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Heartwood Wealth Advisors LLC lifted its position in iShares iBonds Dec 2028 Term Muni Bond ETF by 3.9% in the 3rd quarter. Heartwood Wealth Advisors LLC now owns 233,253 shares of the company’s stock valued at $5,978,000 after acquiring an additional 8,742 shares in the last quarter. Lbmc Investment Advisors LLC lifted its holdings in shares of iShares iBonds Dec 2028 Term Muni Bond ETF by 49.2% during the 3rd quarter. Lbmc Investment Advisors LLC now owns 216,165 shares of the company’s stock valued at $5,540,000 after buying an additional 71,313 shares during the period. Integrated Wealth Concepts LLC lifted its holdings in shares of iShares iBonds Dec 2028 Term Muni Bond ETF by 42.0% during the 3rd quarter. Integrated Wealth Concepts LLC now owns 37,678 shares of the company’s stock valued at $966,000 after buying an additional 11,145 shares during the period. Confluence Investment Management LLC lifted its holdings in shares of iShares iBonds Dec 2028 Term Muni Bond ETF by 204.3% during the 3rd quarter. Confluence Investment Management LLC now owns 33,636 shares of the company’s stock valued at $862,000 after buying an additional 22,581 shares during the period. Finally, Leavell Investment Management Inc. lifted its holdings in shares of iShares iBonds Dec 2028 Term Muni Bond ETF by 148.0% during the 3rd quarter. Leavell Investment Management Inc. now owns 20,656 shares of the company’s stock valued at $529,000 after buying an additional 12,326 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.