iShares iBonds Dec 2028 Term Muni Bond ETF (BATS:IBMQ) Trading Down 0.1% – Here’s Why

iShares iBonds Dec 2028 Term Muni Bond ETF (BATS:IBMQGet Free Report)’s stock price dropped 0.1% on Tuesday . The stock traded as low as $25.46 and last traded at $25.47. 163,972 shares changed hands during trading, an increase of 85% from the average session volume of 88,637 shares. The stock had previously closed at $25.50.

iShares iBonds Dec 2028 Term Muni Bond ETF Price Performance

The firm has a 50-day moving average price of $25.52 and a 200-day moving average price of $25.58.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the company. JPMorgan Chase & Co. purchased a new position in iShares iBonds Dec 2028 Term Muni Bond ETF in the 2nd quarter worth approximately $2,082,000. Flow Traders U.S. LLC bought a new position in iShares iBonds Dec 2028 Term Muni Bond ETF in the 2nd quarter valued at approximately $246,000. NewEdge Advisors LLC boosted its stake in iShares iBonds Dec 2028 Term Muni Bond ETF by 2.3% during the 2nd quarter. NewEdge Advisors LLC now owns 434,996 shares of the company’s stock valued at $11,053,000 after purchasing an additional 9,644 shares during the last quarter. Ameriprise Financial Inc. boosted its stake in iShares iBonds Dec 2028 Term Muni Bond ETF by 3.5% during the 2nd quarter. Ameriprise Financial Inc. now owns 113,132 shares of the company’s stock valued at $2,875,000 after purchasing an additional 3,841 shares during the last quarter. Finally, Integrated Wealth Concepts LLC boosted its stake in iShares iBonds Dec 2028 Term Muni Bond ETF by 4.8% during the 3rd quarter. Integrated Wealth Concepts LLC now owns 120,555 shares of the company’s stock valued at $3,091,000 after purchasing an additional 5,527 shares during the last quarter.

iShares iBonds Dec 2028 Term Muni Bond ETF Company Profile

(Get Free Report)

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.

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