iShares iBonds Dec 2027 Term Muni Bond ETF (BATS:IBMP – Get Free Report) hit a new 52-week low during trading on Tuesday. The stock traded as low as $25.18 and last traded at $25.1940, with a volume of 14818 shares. The stock had previously closed at $25.20.
iShares iBonds Dec 2027 Term Muni Bond ETF Stock Performance
The business has a fifty day moving average of $25.32 and a two-hundred day moving average of $25.36.
Hedge Funds Weigh In On iShares iBonds Dec 2027 Term Muni Bond ETF
Several institutional investors and hedge funds have recently modified their holdings of IBMP. PNC Financial Services Group Inc. lifted its position in iShares iBonds Dec 2027 Term Muni Bond ETF by 2.5% during the first quarter. PNC Financial Services Group Inc. now owns 20,226 shares of the company’s stock worth $515,000 after acquiring an additional 497 shares during the last quarter. Parallel Advisors LLC boosted its holdings in shares of iShares iBonds Dec 2027 Term Muni Bond ETF by 2.1% during the first quarter. Parallel Advisors LLC now owns 30,885 shares of the company’s stock worth $786,000 after acquiring an additional 644 shares during the period. 10Elms LLP grew its position in shares of iShares iBonds Dec 2027 Term Muni Bond ETF by 3.2% in the fourth quarter. 10Elms LLP now owns 22,694 shares of the company’s stock valued at $576,000 after purchasing an additional 700 shares during the last quarter. Evergreen Private Wealth LLC grew its position in shares of iShares iBonds Dec 2027 Term Muni Bond ETF by 6.9% in the first quarter. Evergreen Private Wealth LLC now owns 53,044 shares of the company’s stock valued at $1,349,000 after purchasing an additional 3,435 shares during the last quarter. Finally, Heartwood Wealth Advisors LLC increased its stake in shares of iShares iBonds Dec 2027 Term Muni Bond ETF by 0.8% during the third quarter. Heartwood Wealth Advisors LLC now owns 703,566 shares of the company’s stock worth $17,758,000 after purchasing an additional 5,622 shares during the period.
About iShares iBonds Dec 2027 Term Muni Bond ETF
The iShares iBonds Dec 2027 Term Muni Bond ETF (IBMP) 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 2027. IBMP was launched on Apr 9, 2019 and is managed by BlackRock.
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