iShares iBonds Dec 2031 Term Muni Bond ETF (BATS:IBMT – Get Free Report) was the recipient of a large drop in short interest in August. As of August 14th, there was short interest totaling 10,338 shares, a drop of 65.1% from the July 30th total of 29,587 shares. Currently, 3.4% of the shares of the stock are short sold. Based on an average trading volume of 43,147 shares, the days-to-cover ratio is presently 0.2 days.
iShares iBonds Dec 2031 Term Muni Bond ETF Stock Down 0.2%
Shares of BATS IBMT opened at $25.51 on Friday. iShares iBonds Dec 2031 Term Muni Bond ETF has a 1-year low of $25.32 and a 1-year high of $26.44. The company has a 50-day moving average of $25.62 and a two-hundred day moving average of $25.77.
Institutional Inflows and Outflows
A number of hedge funds have recently bought and sold shares of IBMT. NewEdge Advisors LLC acquired a new position in shares of iShares iBonds Dec 2031 Term Muni Bond ETF during the fourth quarter valued at $1,002,000. Parallel Advisors LLC acquired a new stake in iShares iBonds Dec 2031 Term Muni Bond ETF in the fourth quarter worth about $405,000. Spinnaker Trust bought a new stake in iShares iBonds Dec 2031 Term Muni Bond ETF during the 4th quarter worth about $352,000. Praetorian Wealth Management Inc. raised its holdings in iShares iBonds Dec 2031 Term Muni Bond ETF by 8.9% during the 2nd quarter. Praetorian Wealth Management Inc. now owns 141,610 shares of the company’s stock worth $3,654,000 after purchasing an additional 11,574 shares during the last quarter. Finally, Atlantic Union Bankshares Corp lifted its position in iShares iBonds Dec 2031 Term Muni Bond ETF by 52.7% during the 4th quarter. Atlantic Union Bankshares Corp now owns 31,241 shares of the company’s stock valued at $811,000 after purchasing an additional 10,782 shares during the period.
iShares iBonds Dec 2031 Term Muni Bond ETF Company Profile
iShares Trust – iShares iBonds Dec 2031 Term Muni Bond ETF is an exchange traded fund launched by BlackRock, Inc The fund is managed by BlackRock Fund Advisors. It invests in the fixed income markets of the United States. The fund invests in municipal bonds issued by the state or local governments or agencies that are exempt from U.S. federal income taxes and the federal alternative minimum tax. It invests in investment-grade bonds rated at least BBB- by S&P or Fitch or Baa3 by Moody’s that will mature after December 31, 2030 and before December 2, 2031.
Featured Stories
- Five stocks we like better than iShares iBonds Dec 2031 Term Muni Bond ETF
- From SaaS-pocalypse to Perfect Storm: Workday’s AI Growth Story Strengthens
- These 3 GARP Stocks Show Why Growth and Value Do Not Have to Clash
- Venture Into High-Volatility Corners of the Market With These 3 ETFs
- 3 Retail Stocks to Watch After a Big Consumer Earnings Week
Receive News & Ratings for iShares iBonds Dec 2031 Term Muni Bond ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares iBonds Dec 2031 Term Muni Bond ETF and related companies with MarketBeat.com's FREE daily email newsletter.
