Spinnaker Trust Has $455,000 Stake in iShares iBonds Dec 2028 Term Muni Bond ETF (BATS:IBMQ)

Spinnaker Trust raised its position in shares of iShares iBonds Dec 2028 Term Muni Bond ETF (BATS:IBMQ) by 5.5% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 18,200 shares of the company’s stock after purchasing an additional 945 shares during the quarter. Spinnaker Trust owned 0.15% of iShares iBonds Dec 2028 Term Muni Bond ETF worth $455,000 at the end of the most recent quarter.

A number of other hedge funds also recently modified their holdings of IBMQ. Hills Bank & Trust Co increased its holdings in shares of iShares iBonds Dec 2028 Term Muni Bond ETF by 127.6% in the 4th quarter. Hills Bank & Trust Co now owns 276,623 shares of the company’s stock valued at $7,079,000 after purchasing an additional 155,091 shares during the period. Arrow Financial Corp acquired a new position in iShares iBonds Dec 2028 Term Muni Bond ETF in the 4th quarter valued at approximately $240,000. Confluence Investment Management LLC acquired a new stake in shares of iShares iBonds Dec 2028 Term Muni Bond ETF during the 1st quarter valued at $308,000. Heartwood Wealth Advisors LLC boosted its stake in shares of iShares iBonds Dec 2028 Term Muni Bond ETF by 7.5% during the 1st quarter. Heartwood Wealth Advisors LLC now owns 220,216 shares of the company’s stock valued at $5,565,000 after buying an additional 15,436 shares during the period. Finally, Praetorian Wealth Management Inc. grew its holdings in shares of iShares iBonds Dec 2028 Term Muni Bond ETF by 6.7% during the 1st quarter. Praetorian Wealth Management Inc. now owns 235,656 shares of the company’s stock valued at $5,955,000 after acquiring an additional 14,807 shares in the last quarter.

iShares iBonds Dec 2028 Term Muni Bond ETF Trading Down 0.1 %

Shares of BATS:IBMQ traded down $0.02 during midday trading on Friday, hitting $25.48. 30,386 shares of the stock were exchanged. The stock’s 50-day moving average is $25.24 and its two-hundred day moving average is $25.19.

iShares iBonds Dec 2028 Term Muni Bond ETF Cuts Dividend

The company also recently declared a dividend, which will be paid on Friday, September 6th. Stockholders of record on Tuesday, September 3rd will be paid a dividend of $0.049 per share. The ex-dividend date of this dividend is Tuesday, September 3rd.

iShares iBonds Dec 2028 Term Muni Bond ETF Profile

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.