Lbmc Investment Advisors LLC Purchases 70,688 Shares of iShares iBonds Dec 2027 Term Muni Bond ETF (BATS:IBMP)

Lbmc Investment Advisors LLC increased its holdings in shares of iShares iBonds Dec 2027 Term Muni Bond ETF (BATS:IBMP) by 34.8% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 273,962 shares of the company’s stock after acquiring an additional 70,688 shares during the period. iShares iBonds Dec 2027 Term Muni Bond ETF comprises approximately 0.6% of Lbmc Investment Advisors LLC’s holdings, making the stock its 26th largest holding. Lbmc Investment Advisors LLC owned approximately 1.63% of iShares iBonds Dec 2027 Term Muni Bond ETF worth $6,972,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of IBMP. Heartwood Wealth Advisors LLC increased its stake in shares of iShares iBonds Dec 2027 Term Muni Bond ETF by 4.0% in the 3rd quarter. Heartwood Wealth Advisors LLC now owns 703,716 shares of the company’s stock valued at $17,910,000 after buying an additional 27,285 shares during the period. Praetorian Wealth Management Inc. increased its position in iShares iBonds Dec 2027 Term Muni Bond ETF by 0.5% in the third quarter. Praetorian Wealth Management Inc. now owns 247,941 shares of the company’s stock worth $6,310,000 after purchasing an additional 1,286 shares during the period. Parallel Advisors LLC raised its holdings in iShares iBonds Dec 2027 Term Muni Bond ETF by 22.5% during the 2nd quarter. Parallel Advisors LLC now owns 17,447 shares of the company’s stock worth $436,000 after purchasing an additional 3,210 shares during the last quarter. Spinnaker Trust lifted its position in iShares iBonds Dec 2027 Term Muni Bond ETF by 4.5% during the 2nd quarter. Spinnaker Trust now owns 28,200 shares of the company’s stock valued at $705,000 after purchasing an additional 1,203 shares during the period. Finally, Hills Bank & Trust Co lifted its position in iShares iBonds Dec 2027 Term Muni Bond ETF by 2.1% during the 2nd quarter. Hills Bank & Trust Co now owns 297,192 shares of the company’s stock valued at $7,433,000 after purchasing an additional 6,124 shares during the period.

iShares iBonds Dec 2027 Term Muni Bond ETF Stock Performance

IBMP traded down $0.04 during trading on Tuesday, reaching $25.33. 59,448 shares of the company’s stock were exchanged. The firm has a fifty day moving average of $25.36 and a two-hundred day moving average of $25.14.

iShares iBonds Dec 2027 Term Muni Bond ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Friday, September 6th. Shareholders of record on Tuesday, September 3rd were issued a $0.049 dividend. The ex-dividend date of this dividend was Tuesday, September 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.