Spinnaker Trust Grows Position in iShares iBonds Dec 2027 Term Muni Bond ETF (BATS:IBMP)

Spinnaker Trust lifted its position in shares of iShares iBonds Dec 2027 Term Muni Bond ETF (BATS:IBMP) by 6.8% in the third quarter, according to its most recent 13F filing with the SEC. The firm owned 30,105 shares of the company’s stock after purchasing an additional 1,905 shares during the quarter. Spinnaker Trust owned about 0.18% of iShares iBonds Dec 2027 Term Muni Bond ETF worth $766,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Praetorian Wealth Management Inc. lifted its position in iShares iBonds Dec 2027 Term Muni Bond ETF by 0.5% during the third quarter. Praetorian Wealth Management Inc. now owns 247,941 shares of the company’s stock valued at $6,310,000 after buying an additional 1,286 shares in the last quarter. Archford Capital Strategies LLC boosted its position in iShares iBonds Dec 2027 Term Muni Bond ETF by 12.3% during the 2nd quarter. Archford Capital Strategies LLC now owns 17,159 shares of the company’s stock worth $429,000 after purchasing an additional 1,885 shares during the period. Comerica Bank increased its holdings 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 valued at $429,000 after purchasing an additional 1,966 shares in the last quarter. Parallel Advisors LLC raised its position 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 purchasing an additional 3,210 shares during the period. Finally, Janney Montgomery Scott LLC lifted its stake in shares of 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 purchasing an additional 3,600 shares in the last quarter.

iShares iBonds Dec 2027 Term Muni Bond ETF Price Performance

Shares of BATS:IBMP opened at $25.17 on Thursday. The firm has a 50-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 company also recently disclosed a dividend, which was paid on Friday, September 6th. Shareholders of record on Tuesday, September 3rd were given a $0.049 dividend. The ex-dividend date of this dividend 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.