iShares iBonds Dec 2024 Term Muni Bond ETF (BATS:IBMM) Stock Pass Above Two Hundred Day Moving Average – Time to Sell?

iShares iBonds Dec 2024 Term Muni Bond ETF (BATS:IBMM)’s share price passed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $26.05 and traded as high as $26.10. iShares iBonds Dec 2024 Term Muni Bond ETF shares last traded at $26.09, with a volume of 217,004 shares trading hands.

iShares iBonds Dec 2024 Term Muni Bond ETF Trading Down 0.1 %

The company has a 50 day simple moving average of $26.08 and a 200-day simple moving average of $26.05.

iShares iBonds Dec 2024 Term Muni Bond ETF Increases Dividend

The business also recently announced a dividend, which was paid on Friday, September 6th. Shareholders of record on Tuesday, September 3rd were paid a $0.0557 dividend. This is an increase from iShares iBonds Dec 2024 Term Muni Bond ETF’s previous dividend of $0.05. The ex-dividend date of this dividend was Tuesday, September 3rd.

Institutional Trading of iShares iBonds Dec 2024 Term Muni Bond ETF

Institutional investors and hedge funds have recently made changes to their positions in the stock. Coastline Trust Co acquired a new stake in iShares iBonds Dec 2024 Term Muni Bond ETF in the third quarter worth $92,000. ORG Partners LLC bought a new stake in iShares iBonds Dec 2024 Term Muni Bond ETF in the 2nd quarter valued at about $100,000. Private Trust Co. NA boosted its stake in iShares iBonds Dec 2024 Term Muni Bond ETF by 17.6% during the 3rd quarter. Private Trust Co. NA now owns 9,849 shares of the company’s stock valued at $257,000 after purchasing an additional 1,474 shares during the period. Archford Capital Strategies LLC grew its position in iShares iBonds Dec 2024 Term Muni Bond ETF by 9.9% in the 2nd quarter. Archford Capital Strategies LLC now owns 20,190 shares of the company’s stock worth $526,000 after purchasing an additional 1,815 shares during the last quarter. Finally, Global Financial Private Client LLC increased its stake in shares of iShares iBonds Dec 2024 Term Muni Bond ETF by 2.0% in the second quarter. Global Financial Private Client LLC now owns 33,511 shares of the company’s stock valued at $873,000 after purchasing an additional 664 shares during the period.

About iShares iBonds Dec 2024 Term Muni Bond ETF

The iShares iBonds Dec 2024 Term Muni Bond ETF (IBMM) is an exchange-traded fund that is based on the S&P AMT-Free Municipal Series 2024 index. The fund tracks a market-value-weighted index of investment-grade AMT-Free municipal bonds that mature between January 1 and December 2, 2024. IBMM was launched on Mar 20, 2018 and is managed by BlackRock.