Heartwood Wealth Advisors LLC Raises Stock Holdings in iShares iBonds Dec 2027 Term Muni Bond ETF (BATS:IBMP)

Heartwood Wealth Advisors LLC increased its position in iShares iBonds Dec 2027 Term Muni Bond ETF (BATS:IBMP) by 7.3% during the 1st quarter, Holdings Channel.com reports. The firm owned 663,399 shares of the company’s stock after purchasing an additional 44,987 shares during the period. iShares iBonds Dec 2027 Term Muni Bond ETF comprises 2.1% of Heartwood Wealth Advisors LLC’s investment portfolio, making the stock its 19th largest position. Heartwood Wealth Advisors LLC owned approximately 0.06% of iShares iBonds Dec 2027 Term Muni Bond ETF worth $16,698,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Leavell Investment Management Inc. purchased a new stake in shares of iShares iBonds Dec 2027 Term Muni Bond ETF in the fourth quarter worth $232,000. Spinnaker Trust purchased a new stake in shares of iShares iBonds Dec 2027 Term Muni Bond ETF in the fourth quarter worth $234,000. Janney Montgomery Scott LLC grew its stake in shares of iShares iBonds Dec 2027 Term Muni Bond ETF by 48.2% in the third quarter. Janney Montgomery Scott LLC now owns 12,504 shares of the company’s stock worth $306,000 after acquiring an additional 4,064 shares during the last quarter. Prime Capital Investment Advisors LLC grew its stake in shares of iShares iBonds Dec 2027 Term Muni Bond ETF by 5.4% in the fourth quarter. Prime Capital Investment Advisors LLC now owns 14,426 shares of the company’s stock worth $367,000 after acquiring an additional 733 shares during the last quarter. Finally, Confluence Investment Management LLC purchased a new stake in shares of iShares iBonds Dec 2027 Term Muni Bond ETF in the first quarter worth $779,000.

iShares iBonds Dec 2027 Term Muni Bond ETF Price Performance

Shares of BATS:IBMP traded up $0.04 during midday trading on Tuesday, reaching $25.05. 50,847 shares of the company’s stock traded hands. The stock’s 50 day moving average price is $24.96 and its 200 day moving average price is $25.16.

iShares iBonds Dec 2027 Term Muni Bond ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Friday, June 7th. Stockholders of record on Monday, June 3rd were issued a dividend of $0.0513 per share. This is an increase from iShares iBonds Dec 2027 Term Muni Bond ETF’s previous dividend of $0.05. The ex-dividend date was Monday, June 3rd.

iShares iBonds Dec 2027 Term Muni Bond ETF 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.