Noble Wealth Management PBC Buys Shares of 2,000 iShares iBonds Dec 2029 Term Muni Bond ETF (NYSEARCA:IBMR)

Noble Wealth Management PBC acquired a new position in shares of iShares iBonds Dec 2029 Term Muni Bond ETF (NYSEARCA:IBMR) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 2,000 shares of the company’s stock, valued at approximately $50,000.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. Newman Dignan & Sheerar Inc. bought a new stake in shares of iShares iBonds Dec 2029 Term Muni Bond ETF during the 4th quarter worth approximately $375,000. Leavell Investment Management Inc. raised its stake in shares of iShares iBonds Dec 2029 Term Muni Bond ETF by 62.5% during the 4th quarter. Leavell Investment Management Inc. now owns 13,653 shares of the company’s stock worth $341,000 after purchasing an additional 5,250 shares in the last quarter. Crews Bank & Trust bought a new stake in shares of iShares iBonds Dec 2029 Term Muni Bond ETF during the 4th quarter worth approximately $442,000. Blue Square Asset Management LLC bought a new stake in shares of iShares iBonds Dec 2029 Term Muni Bond ETF during the 4th quarter worth approximately $755,000. Finally, Lbmc Investment Advisors LLC bought a new stake in shares of iShares iBonds Dec 2029 Term Muni Bond ETF during the 4th quarter worth approximately $1,682,000.

iShares iBonds Dec 2029 Term Muni Bond ETF Trading Up 0.2 %

Shares of iShares iBonds Dec 2029 Term Muni Bond ETF stock opened at $25.31 on Friday. iShares iBonds Dec 2029 Term Muni Bond ETF has a 12-month low of $24.57 and a 12-month high of $25.52. The business’s 50 day moving average is $25.05 and its 200-day moving average is $25.18.

iShares iBonds Dec 2029 Term Muni Bond ETF Increases Dividend

The firm also recently announced a dividend, which will be paid on Thursday, March 6th. Investors of record on Monday, March 3rd will be issued a dividend of $0.0555 per share. The ex-dividend date is Monday, March 3rd. This is a positive change from iShares iBonds Dec 2029 Term Muni Bond ETF’s previous dividend of $0.05.

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.