iShares iBonds Dec 2027 Term Muni Bond ETF (BATS:IBMP) Shares Purchased by Spinnaker Trust

Spinnaker Trust raised its stake in iShares iBonds Dec 2027 Term Muni Bond ETF (BATS:IBMP) by 6.8% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 30,105 shares of the company’s stock after acquiring an additional 1,905 shares during the period. Spinnaker Trust’s holdings in iShares iBonds Dec 2027 Term Muni Bond ETF were worth $766,000 as of its most recent SEC filing.

Several other institutional investors also recently made changes to their positions in the stock. Hills Bank & Trust Co lifted its holdings in shares of iShares iBonds Dec 2027 Term Muni Bond ETF by 2.1% in the 2nd quarter. Hills Bank & Trust Co now owns 297,192 shares of the company’s stock worth $7,433,000 after purchasing an additional 6,124 shares during the last quarter. Praetorian Wealth Management Inc. increased its position in iShares iBonds Dec 2027 Term Muni Bond ETF by 0.5% in the third quarter. Praetorian Wealth Management Inc. now owns 247,941 shares of the company’s stock worth $6,310,000 after buying an additional 1,286 shares during the period. Parallel Advisors LLC lifted its stake in iShares iBonds Dec 2027 Term Muni Bond ETF by 22.5% in the second quarter. Parallel Advisors LLC now owns 17,447 shares of the company’s stock valued at $436,000 after buying an additional 3,210 shares during the last quarter. True Link Financial Advisors LLC acquired a new position in shares of iShares iBonds Dec 2027 Term Muni Bond ETF during the third quarter valued at $219,000. Finally, Comerica Bank grew its position in shares of iShares iBonds Dec 2027 Term Muni Bond ETF by 13.1% during the first quarter. Comerica Bank now owns 17,027 shares of the company’s stock worth $429,000 after acquiring an additional 1,966 shares during the last quarter.

iShares iBonds Dec 2027 Term Muni Bond ETF Stock Performance

Shares of BATS:IBMP opened at $25.17 on Thursday. The firm has a fifty day moving average price of $25.37 and a 200-day moving average price of $25.17.

iShares iBonds Dec 2027 Term Muni Bond ETF Cuts Dividend

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

About iShares iBonds Dec 2027 Term Muni Bond ETF

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.