iShares iBonds Dec 2024 Term Muni Bond ETF (BATS:IBMM) Shares Bought by Confluence Investment Management LLC

Confluence Investment Management LLC raised its holdings in shares of iShares iBonds Dec 2024 Term Muni Bond ETF (BATS:IBMM) by 2.5% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 41,187 shares of the company’s stock after purchasing an additional 1,002 shares during the period. Confluence Investment Management LLC’s holdings in iShares iBonds Dec 2024 Term Muni Bond ETF were worth $1,075,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently made changes to their positions in IBMM. Hills Bank & Trust Co raised its stake in iShares iBonds Dec 2024 Term Muni Bond ETF by 193.5% in the second quarter. Hills Bank & Trust Co now owns 129,198 shares of the company’s stock valued at $3,365,000 after buying an additional 85,180 shares during the last quarter. Archford Capital Strategies LLC increased its holdings in shares of iShares iBonds Dec 2024 Term Muni Bond ETF by 9.9% during the second quarter. Archford Capital Strategies LLC now owns 20,190 shares of the company’s stock valued at $526,000 after acquiring an additional 1,815 shares in the last quarter. PSI Advisors LLC purchased a new position in shares of iShares iBonds Dec 2024 Term Muni Bond ETF in the 2nd quarter valued at approximately $1,943,000. Janney Montgomery Scott LLC boosted its stake in iShares iBonds Dec 2024 Term Muni Bond ETF by 21.3% in the 1st quarter. Janney Montgomery Scott LLC now owns 20,103 shares of the company’s stock worth $522,000 after purchasing an additional 3,535 shares in the last quarter. Finally, Global Financial Private Client LLC grew its position in iShares iBonds Dec 2024 Term Muni Bond ETF by 2.0% during the 2nd quarter. Global Financial Private Client LLC now owns 33,511 shares of the company’s stock worth $873,000 after purchasing an additional 664 shares during the last quarter.

iShares iBonds Dec 2024 Term Muni Bond ETF Trading Up 0.2 %

Shares of iShares iBonds Dec 2024 Term Muni Bond ETF stock opened at $26.10 on Friday. The company’s 50-day moving average is $26.07 and its 200 day moving average is $26.04.

iShares iBonds Dec 2024 Term Muni Bond ETF Increases Dividend

The company also recently announced a dividend, which was paid on Friday, September 6th. Investors of record on Tuesday, September 3rd were paid a $0.0557 dividend. This is a positive change from iShares iBonds Dec 2024 Term Muni Bond ETF’s previous dividend of $0.05. The ex-dividend date of this dividend was Tuesday, September 3rd.

iShares iBonds Dec 2024 Term Muni Bond ETF Profile

The iShares iBonds Dec 2024 Term Muni Bond ETF (IBMM) is an exchange-traded fund that is based on the S&P AMT-Free Municipal Series 2024 index. The fund tracks a market-value-weighted index of investment-grade AMT-Free municipal bonds that mature between January 1 and December 2, 2024. IBMM was launched on Mar 20, 2018 and is managed by BlackRock.