Praetorian Wealth Management Inc. Boosts Stock Position in iShares iBonds Dec 2027 Term Muni Bond ETF (BATS:IBMP)

Praetorian Wealth Management Inc. increased its position in shares of iShares iBonds Dec 2027 Term Muni Bond ETF (BATS:IBMP) by 6.4% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 253,991 shares of the company’s stock after purchasing an additional 15,275 shares during the quarter. iShares iBonds Dec 2027 Term Muni Bond ETF accounts for approximately 1.7% of Praetorian Wealth Management Inc.’s investment portfolio, making the stock its 14th largest holding. Praetorian Wealth Management Inc. owned 2.32% of iShares iBonds Dec 2027 Term Muni Bond ETF worth $6,393,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Janney Montgomery Scott LLC lifted its holdings in shares of iShares iBonds Dec 2027 Term Muni Bond ETF by 48.2% in the 3rd quarter. Janney Montgomery Scott LLC now owns 12,504 shares of the company’s stock valued at $306,000 after buying an additional 4,064 shares during the period. Lbmc Investment Advisors LLC acquired a new stake in shares of iShares iBonds Dec 2027 Term Muni Bond ETF during the 4th quarter worth approximately $984,000. Leavell Investment Management Inc. purchased a new position in shares of iShares iBonds Dec 2027 Term Muni Bond ETF during the 4th quarter valued at approximately $232,000. Prime Capital Investment Advisors LLC lifted its stake in shares of iShares iBonds Dec 2027 Term Muni Bond ETF by 5.4% in the 4th quarter. Prime Capital Investment Advisors LLC now owns 14,426 shares of the company’s stock valued at $367,000 after purchasing an additional 733 shares during the period. Finally, Sandy Spring Bank boosted its holdings in iShares iBonds Dec 2027 Term Muni Bond ETF by 2.4% during the fourth quarter. Sandy Spring Bank now owns 38,745 shares of the company’s stock worth $985,000 after buying an additional 890 shares in the last quarter.

iShares iBonds Dec 2027 Term Muni Bond ETF Stock Performance

IBMP traded down $0.02 on Friday, reaching $25.03. The stock had a trading volume of 45,300 shares. The company has a 50-day moving average price of $24.96 and a 200-day moving average price of $25.16.

iShares iBonds Dec 2027 Term Muni Bond ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Friday, June 7th. Stockholders of record on Monday, June 3rd were given a $0.0513 dividend. The ex-dividend date was Monday, June 3rd. This is a boost from iShares iBonds Dec 2027 Term Muni Bond ETF’s previous dividend of $0.05.

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.