Parallel Advisors LLC Boosts Stock Position in iShares iBonds Dec 2028 Term Muni Bond ETF (BATS:IBMQ)

Parallel Advisors LLC raised its stake in shares of iShares iBonds Dec 2028 Term Muni Bond ETF (BATS:IBMQ) by 32.9% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 12,912 shares of the company’s stock after buying an additional 3,196 shares during the quarter. Parallel Advisors LLC owned about 0.10% of iShares iBonds Dec 2028 Term Muni Bond ETF worth $323,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in the stock. Lbmc Investment Advisors LLC purchased a new stake in shares of iShares iBonds Dec 2028 Term Muni Bond ETF during the first quarter valued at approximately $2,504,000. Heartwood Wealth Advisors LLC boosted its stake in 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 purchasing an additional 15,436 shares during the last quarter. Praetorian Wealth Management Inc. increased its holdings in shares of iShares iBonds Dec 2028 Term Muni Bond ETF by 6.7% in the 1st quarter. Praetorian Wealth Management Inc. now owns 235,656 shares of the company’s stock worth $5,955,000 after purchasing an additional 14,807 shares in the last quarter. Exchange Capital Management Inc. purchased a new position in shares of iShares iBonds Dec 2028 Term Muni Bond ETF in the second quarter worth $328,000. Finally, Confluence Investment Management LLC bought a new position in shares of iShares iBonds Dec 2028 Term Muni Bond ETF during the first quarter valued at $308,000.

iShares iBonds Dec 2028 Term Muni Bond ETF Price Performance

BATS IBMQ opened at $25.56 on Thursday. The stock has a 50 day simple moving average of $25.37 and a 200-day simple moving average of $25.20.

iShares iBonds Dec 2028 Term Muni Bond ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Friday, September 6th. Stockholders of record on Tuesday, September 3rd were issued a dividend of $0.049 per share. The ex-dividend date was Tuesday, September 3rd.

About iShares iBonds Dec 2028 Term Muni Bond ETF

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.