iShares iBonds Dec 2029 Term Muni Bond ETF (BATS:IBMR) Short Interest Down 44.1% in August

iShares iBonds Dec 2029 Term Muni Bond ETF (BATS:IBMR) saw a significant drop in short interest in the month of August. As of August 14th, there was short interest totaling 40,269 shares, a drop of 44.1% from the July 30th total of 71,994 shares. Approximately 0.4% of the company’s stock are short sold. Based on an average daily trading volume, of 54,348 shares, the days-to-cover ratio is presently 0.7 days.

Institutional Investors Weigh In On iShares iBonds Dec 2029 Term Muni Bond ETF

Hedge funds have recently made changes to their positions in the stock. Flow Traders U.S. LLC boosted its position in iShares iBonds Dec 2029 Term Muni Bond ETF by 9.4% during the third quarter. Flow Traders U.S. LLC now owns 23,116 shares of the company’s stock valued at $590,000 after purchasing an additional 1,988 shares in the last quarter. Integrated Wealth Concepts LLC raised its holdings in iShares iBonds Dec 2029 Term Muni Bond ETF by 3.9% in the third quarter. Integrated Wealth Concepts LLC now owns 41,062 shares of the company’s stock worth $1,048,000 after purchasing an additional 1,559 shares in the last quarter. United Capital Financial Advisors LLC raised its holdings in iShares iBonds Dec 2029 Term Muni Bond ETF by 14.7% in the third quarter. United Capital Financial Advisors LLC now owns 113,259 shares of the company’s stock worth $2,891,000 after purchasing an additional 14,557 shares in the last quarter. NewEdge Advisors LLC lifted its position in shares of iShares iBonds Dec 2029 Term Muni Bond ETF by 1.3% during the third quarter. NewEdge Advisors LLC now owns 84,023 shares of the company’s stock valued at $2,145,000 after buying an additional 1,106 shares during the last quarter. Finally, Atlantic Union Bankshares Corp lifted its position in shares of iShares iBonds Dec 2029 Term Muni Bond ETF by 17.5% during the fourth quarter. Atlantic Union Bankshares Corp now owns 67,081 shares of the company’s stock valued at $1,706,000 after buying an additional 9,994 shares during the last quarter.

iShares iBonds Dec 2029 Term Muni Bond ETF Stock Performance

iShares iBonds Dec 2029 Term Muni Bond ETF stock opened at $25.26 on Tuesday. The business has a fifty day moving average of $25.30 and a two-hundred day moving average of $25.38. iShares iBonds Dec 2029 Term Muni Bond ETF has a twelve month low of $25.15 and a twelve month high of $25.77.

iShares iBonds Dec 2029 Term Muni Bond ETF Company Profile

The iShares iBonds Dec 2029 Term Muni Bond ETF (IBMR) 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 2029. IBMR was launched on May 9, 2023 and is managed by BlackRock.