iShares iBonds Dec 2027 Term Muni Bond ETF (NYSEARCA:IBMP) Stock Price Down 0.3%

Shares of iShares iBonds Dec 2027 Term Muni Bond ETF (NYSEARCA:IBMP) dropped 0.3% during trading on Thursday . The company traded as low as $25.83 and last traded at $25.83, approximately 101 shares changed hands during trading. A decline of 99% from the average daily volume of 15,313 shares. The stock had previously closed at $25.91.

The business’s 50 day moving average price is $26.00 and its 200 day moving average price is $25.83.

A hedge fund recently bought a new stake in iShares iBonds Dec 2027 Term Muni Bond ETF stock. Confluence Investment Management LLC acquired a new stake in shares of iShares iBonds Dec 2027 Term Muni Bond ETF (NYSEARCA:IBMP) in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor acquired 175,509 shares of the company’s stock, valued at approximately $4,565,000. Confluence Investment Management LLC owned approximately 31.91% of iShares iBonds Dec 2027 Term Muni Bond ETF at the end of the most recent quarter.

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