iShares iBonds Dec 2029 Term Muni Bond ETF (BATS:IBMR) Shares Cross Above 200-Day Moving Average – Here’s What Happened

iShares iBonds Dec 2029 Term Muni Bond ETF (BATS:IBMRGet Free Report)’s share price crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $25.13 and traded as high as $25.30. iShares iBonds Dec 2029 Term Muni Bond ETF shares last traded at $25.22, with a volume of 72,739 shares changing hands.

iShares iBonds Dec 2029 Term Muni Bond ETF Price Performance

The business has a 50 day simple moving average of $25.19 and a 200 day simple moving average of $25.13.

About iShares iBonds Dec 2029 Term Muni Bond ETF

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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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