Confluence Investment Management LLC Boosts Position in iShares iBonds Dec 2027 Term Muni Bond ETF (BATS:IBMP)

Confluence Investment Management LLC lifted its position in iShares iBonds Dec 2027 Term Muni Bond ETF (BATS:IBMP) by 2.5% during the third quarter, HoldingsChannel reports. The institutional investor owned 41,256 shares of the company’s stock after purchasing an additional 997 shares during the period. Confluence Investment Management LLC’s holdings in iShares iBonds Dec 2027 Term Muni Bond ETF were worth $1,050,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of the company. True Link Financial Advisors LLC bought a new position in iShares iBonds Dec 2027 Term Muni Bond ETF in the 3rd quarter valued at $219,000. Exchange Capital Management Inc. bought a new stake in iShares iBonds Dec 2027 Term Muni Bond ETF during the second quarter valued at $328,000. Janney Montgomery Scott LLC grew its position in iShares iBonds Dec 2027 Term Muni Bond ETF by 28.7% during the first quarter. Janney Montgomery Scott LLC now owns 16,129 shares of the company’s stock worth $406,000 after buying an additional 3,600 shares in the last quarter. Comerica Bank increased its stake in iShares iBonds Dec 2027 Term Muni Bond ETF by 13.1% in the 1st 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. Finally, Archford Capital Strategies LLC raised its holdings in shares of iShares iBonds Dec 2027 Term Muni Bond ETF by 12.3% in the 2nd quarter. Archford Capital Strategies LLC now owns 17,159 shares of the company’s stock valued at $429,000 after acquiring an additional 1,885 shares in the last quarter.

iShares iBonds Dec 2027 Term Muni Bond ETF Stock Down 0.0 %

Shares of BATS IBMP opened at $25.27 on Friday. The stock’s 50 day simple moving average is $25.36 and its 200-day simple moving average is $25.18.

iShares iBonds Dec 2027 Term Muni Bond ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Friday, September 6th. Shareholders of record on Tuesday, September 3rd were paid a $0.049 dividend. 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.