Sandy Spring Bank Acquires 3,920 Shares of iShares iBonds Dec 2029 Term Muni Bond ETF (NYSEARCA:IBMR)

Sandy Spring Bank lifted its holdings in iShares iBonds Dec 2029 Term Muni Bond ETF (NYSEARCA:IBMRFree Report) by 80.7% in the fourth quarter, HoldingsChannel.com reports. The fund owned 8,780 shares of the company’s stock after buying an additional 3,920 shares during the quarter. Sandy Spring Bank’s holdings in iShares iBonds Dec 2029 Term Muni Bond ETF were worth $225,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in the business. Praetorian Wealth Management Inc. bought a new stake in shares of iShares iBonds Dec 2029 Term Muni Bond ETF in the fourth quarter worth about $1,077,000. Confluence Investment Management LLC bought a new position in shares of iShares iBonds Dec 2029 Term Muni Bond ETF during the 3rd quarter valued at approximately $308,000. Finally, Prime Capital Investment Advisors LLC purchased a new position in shares of iShares iBonds Dec 2029 Term Muni Bond ETF in the fourth quarter valued at $226,000.

iShares iBonds Dec 2029 Term Muni Bond ETF Stock Performance

Shares of IBMR opened at $25.00 on Friday. The company’s fifty day moving average is $25.30 and its 200 day moving average is $24.94. iShares iBonds Dec 2029 Term Muni Bond ETF has a fifty-two week low of $23.61 and a fifty-two week high of $25.68.

iShares iBonds Dec 2029 Term Muni Bond ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Friday, April 5th. Shareholders of record on Tuesday, April 2nd were paid a dividend of $0.0447 per share. The ex-dividend date was Monday, April 1st.

iShares iBonds Dec 2029 Term Muni Bond ETF Profile

(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.

See Also

Want to see what other hedge funds are holding IBMR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares iBonds Dec 2029 Term Muni Bond ETF (NYSEARCA:IBMRFree Report).

Receive News & Ratings for iShares iBonds Dec 2029 Term Muni Bond ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares iBonds Dec 2029 Term Muni Bond ETF and related companies with MarketBeat.com's FREE daily email newsletter.