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

Spinnaker Trust lifted its holdings in shares of iShares iBonds Dec 2027 Term Muni Bond ETF (BATS:IBMP) by 54.4% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 46,490 shares of the company’s stock after buying an additional 16,385 shares during the quarter. Spinnaker Trust’s holdings in iShares iBonds Dec 2027 Term Muni Bond ETF were worth $1,169,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. True Link Financial Advisors LLC purchased a new stake in shares of iShares iBonds Dec 2027 Term Muni Bond ETF during the 3rd quarter valued at approximately $219,000. JPMorgan Chase & Co. purchased a new stake in iShares iBonds Dec 2027 Term Muni Bond ETF in the 3rd quarter worth approximately $961,000. Integrated Wealth Concepts LLC lifted its stake in iShares iBonds Dec 2027 Term Muni Bond ETF by 30.7% in the 3rd quarter. Integrated Wealth Concepts LLC now owns 111,753 shares of the company’s stock worth $2,844,000 after purchasing an additional 26,270 shares in the last quarter. Leavell Investment Management Inc. lifted its stake in iShares iBonds Dec 2027 Term Muni Bond ETF by 115.9% in the 3rd quarter. Leavell Investment Management Inc. now owns 57,912 shares of the company’s stock worth $1,474,000 after purchasing an additional 31,086 shares in the last quarter. Finally, Confluence Investment Management LLC lifted its stake 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 worth $1,050,000 after purchasing an additional 997 shares in the last quarter.

iShares iBonds Dec 2027 Term Muni Bond ETF Stock Performance

BATS IBMP opened at $25.23 on Friday. The business has a 50-day moving average price of $25.21 and a 200 day moving average price of $25.29.

iShares iBonds Dec 2027 Term Muni Bond ETF Increases Dividend

The company also recently announced a dividend, which was paid on Thursday, February 6th. Shareholders of record on Monday, February 3rd were paid a $0.0497 dividend. The ex-dividend date was Monday, February 3rd. This is a boost from iShares iBonds Dec 2027 Term Muni Bond ETF’s previous dividend of $0.05.

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.