Sonata Capital Group Inc. Takes $201,000 Position in iShares iBonds Dec 2027 Term Muni Bond ETF (BATS:IBMP)

Sonata Capital Group Inc. bought a new stake in shares of iShares iBonds Dec 2027 Term Muni Bond ETF (BATS:IBMP) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 7,880 shares of the company’s stock, valued at approximately $201,000.

Several other hedge funds and other institutional investors also recently bought and sold shares of the stock. Confluence Investment Management LLC boosted its position in iShares iBonds Dec 2027 Term Muni Bond ETF by 2.5% in the 3rd quarter. Confluence Investment Management LLC now owns 41,256 shares of the company’s stock valued at $1,050,000 after buying an additional 997 shares during the period. Spinnaker Trust raised its holdings in iShares iBonds Dec 2027 Term Muni Bond ETF by 6.8% in the third quarter. Spinnaker Trust now owns 30,105 shares of the company’s stock worth $766,000 after purchasing an additional 1,905 shares in the last quarter. True Link Financial Advisors LLC purchased a new stake in shares of iShares iBonds Dec 2027 Term Muni Bond ETF during the third quarter valued at about $219,000. Lbmc Investment Advisors LLC boosted its holdings in shares of iShares iBonds Dec 2027 Term Muni Bond ETF by 34.8% in the 3rd quarter. Lbmc Investment Advisors LLC now owns 273,962 shares of the company’s stock valued at $6,972,000 after buying an additional 70,688 shares in the last quarter. Finally, Heartwood Wealth Advisors LLC grew its position in shares of iShares iBonds Dec 2027 Term Muni Bond ETF by 4.0% in the 3rd quarter. Heartwood Wealth Advisors LLC now owns 703,716 shares of the company’s stock worth $17,910,000 after buying an additional 27,285 shares during the last quarter.

iShares iBonds Dec 2027 Term Muni Bond ETF Stock Performance

iShares iBonds Dec 2027 Term Muni Bond ETF stock traded up $0.11 during midday trading on Friday, reaching $25.28. The company’s stock had a trading volume of 39,268 shares. The stock’s 50-day simple moving average is $25.36 and its 200-day simple moving average is $25.17.

iShares iBonds Dec 2027 Term Muni Bond ETF Cuts Dividend

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

iShares iBonds Dec 2027 Term Muni Bond ETF Company Profile

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.