iShares iBonds Dec 2028 Term Muni Bond ETF (BATS:IBMQ) Stake Lifted by Spinnaker Trust

Spinnaker Trust lifted its stake in shares of iShares iBonds Dec 2028 Term Muni Bond ETF (BATS:IBMQ) by 5.2% during the third quarter, Holdings Channel.com reports. The fund owned 19,150 shares of the company’s stock after purchasing an additional 950 shares during the period. Spinnaker Trust’s holdings in iShares iBonds Dec 2028 Term Muni Bond ETF were worth $491,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in IBMQ. STAR Financial Bank acquired a new stake in shares of iShares iBonds Dec 2028 Term Muni Bond ETF in the second quarter valued at $249,000. Lbmc Investment Advisors LLC raised its position in iShares iBonds Dec 2028 Term Muni Bond ETF by 49.2% in the third quarter. Lbmc Investment Advisors LLC now owns 216,165 shares of the company’s stock worth $5,540,000 after acquiring an additional 71,313 shares in the last quarter. Archford Capital Strategies LLC lifted its holdings in iShares iBonds Dec 2028 Term Muni Bond ETF by 11.9% in the 2nd quarter. Archford Capital Strategies LLC now owns 17,607 shares of the company’s stock valued at $441,000 after acquiring an additional 1,879 shares during the last quarter. Janney Montgomery Scott LLC boosted its position in shares of iShares iBonds Dec 2028 Term Muni Bond ETF by 53.6% during the 1st quarter. Janney Montgomery Scott LLC now owns 14,736 shares of the company’s stock valued at $372,000 after purchasing an additional 5,144 shares in the last quarter. Finally, Parallel Advisors LLC raised its holdings in shares of iShares iBonds Dec 2028 Term Muni Bond ETF by 32.9% in the 2nd quarter. Parallel Advisors LLC now owns 12,912 shares of the company’s stock worth $323,000 after purchasing an additional 3,196 shares in the last quarter.

iShares iBonds Dec 2028 Term Muni Bond ETF Price Performance

IBMQ opened at $25.24 on Thursday. The stock’s fifty day moving average is $25.47 and its two-hundred day moving average is $25.24.

iShares iBonds Dec 2028 Term Muni Bond ETF Cuts Dividend

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

About iShares iBonds Dec 2028 Term Muni Bond ETF

The iShares iBonds Dec 2028 Term Muni Bond ETF (IBMQ) 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 2028. IBMQ was launched on Apr 16, 2019 and is managed by BlackRock.