iShares iBonds Dec 2027 Term Muni Bond ETF (BATS:IBMP) Share Price Cross Above 200-Day Moving Average – Should You Sell?

iShares iBonds Dec 2027 Term Muni Bond ETF (BATS:IBMP)’s stock price crossed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $25.20 and traded as high as $25.32. iShares iBonds Dec 2027 Term Muni Bond ETF shares last traded at $25.31, with a volume of 128,135 shares trading hands.

iShares iBonds Dec 2027 Term Muni Bond ETF Stock Performance

The business has a 50 day moving average price of $25.33 and a 200 day moving average price of $25.20.

iShares iBonds Dec 2027 Term Muni Bond ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Friday, September 6th. Stockholders of record on Tuesday, September 3rd were issued a $0.049 dividend. The ex-dividend date was Tuesday, September 3rd.

Institutional Investors Weigh In On iShares iBonds Dec 2027 Term Muni Bond ETF

A number of institutional investors and hedge funds have recently made changes to their positions in IBMP. Sonata Capital Group Inc. purchased a new stake in iShares iBonds Dec 2027 Term Muni Bond ETF during the 3rd quarter valued at approximately $201,000. True Link Financial Advisors LLC acquired a new stake in shares of iShares iBonds Dec 2027 Term Muni Bond ETF during the third quarter worth $219,000. Exchange Capital Management Inc. purchased a new position in iShares iBonds Dec 2027 Term Muni Bond ETF in the 2nd quarter valued at $328,000. Comerica Bank raised its position in iShares iBonds Dec 2027 Term Muni Bond ETF by 13.1% during the 1st quarter. Comerica Bank now owns 17,027 shares of the company’s stock worth $429,000 after buying an additional 1,966 shares during the last quarter. Finally, Archford Capital Strategies LLC lifted its stake in shares of iShares iBonds Dec 2027 Term Muni Bond ETF by 12.3% in the 2nd quarter. Archford Capital Strategies LLC now owns 17,159 shares of the company’s stock worth $429,000 after acquiring an additional 1,885 shares during the period.

iShares iBonds Dec 2027 Term Muni Bond ETF Company Profile

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.