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

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

Hedge Funds Weigh In On iShares iBonds Dec 2029 Term Muni Bond ETF

A number of hedge funds have recently modified their holdings of IBMR. Matthew Goff Investment Advisor LLC acquired a new stake in shares of iShares iBonds Dec 2029 Term Muni Bond ETF during the first quarter valued at about $2,892,000. Integrated Wealth Concepts LLC boosted its position in shares of iShares iBonds Dec 2029 Term Muni Bond ETF by 153.4% during the 4th quarter. Integrated Wealth Concepts LLC now owns 104,056 shares of the company’s stock worth $2,646,000 after purchasing an additional 62,994 shares during the period. PSI Advisors LLC acquired a new stake in iShares iBonds Dec 2029 Term Muni Bond ETF in the 4th quarter valued at approximately $1,292,000. Spinnaker Trust raised its position in iShares iBonds Dec 2029 Term Muni Bond ETF by 72.0% in the fourth quarter. Spinnaker Trust now owns 45,271 shares of the company’s stock valued at $1,151,000 after purchasing an additional 18,951 shares during the period. Finally, Godshalk Welsh Capital Management Inc. lifted its stake in iShares iBonds Dec 2029 Term Muni Bond ETF by 47.0% during the first quarter. Godshalk Welsh Capital Management Inc. now owns 46,000 shares of the company’s stock worth $1,166,000 after purchasing an additional 14,700 shares in the last quarter.

iShares iBonds Dec 2029 Term Muni Bond ETF Trading Down 0.2%

IBMR opened at $25.26 on Friday. iShares iBonds Dec 2029 Term Muni Bond ETF has a one year low of $25.15 and a one year high of $25.77. The business’s 50 day moving average price is $25.30 and its 200 day moving average price is $25.38.

iShares iBonds Dec 2029 Term Muni Bond ETF Company Profile

(Get Free Report)

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.

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