Lbmc Investment Advisors LLC Purchases Shares of 67,329 iShares iBonds Dec 2029 Term Muni Bond ETF (NYSEARCA:IBMR)

Lbmc Investment Advisors LLC purchased a new position in shares of iShares iBonds Dec 2029 Term Muni Bond ETF (NYSEARCA:IBMR) in the 4th quarter, HoldingsChannel.com reports. The institutional investor purchased 67,329 shares of the company’s stock, valued at approximately $1,682,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Praetorian Wealth Management Inc. raised its holdings in shares of iShares iBonds Dec 2029 Term Muni Bond ETF by 29.9% during the 4th quarter. Praetorian Wealth Management Inc. now owns 153,688 shares of the company’s stock valued at $3,839,000 after buying an additional 35,420 shares in the last quarter. Leavell Investment Management Inc. bought a new position in iShares iBonds Dec 2029 Term Muni Bond ETF during the third quarter valued at approximately $214,000. Confluence Investment Management LLC raised its stake in shares of iShares iBonds Dec 2029 Term Muni Bond ETF by 4.2% during the third quarter. Confluence Investment Management LLC now owns 12,139 shares of the company’s stock worth $309,000 after acquiring an additional 490 shares in the last quarter. Finally, Buffington Mohr McNeal purchased a new position in shares of iShares iBonds Dec 2029 Term Muni Bond ETF during the third quarter worth approximately $255,000.

iShares iBonds Dec 2029 Term Muni Bond ETF Stock Up 0.3 %

Shares of iShares iBonds Dec 2029 Term Muni Bond ETF stock opened at $24.97 on Friday. iShares iBonds Dec 2029 Term Muni Bond ETF has a 52-week low of $24.57 and a 52-week high of $25.54. The company has a fifty day moving average of $25.07 and a 200-day moving average of $25.17.

About iShares iBonds Dec 2029 Term Muni Bond ETF

The iShares iBonds Dec 2029 Term Muni Bond ETF (IBMR) 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 2029.