Parallel Advisors LLC Grows Stock Position in iShares iBonds Dec 2027 Term Muni Bond ETF (BATS:IBMP)

Parallel Advisors LLC raised its holdings in iShares iBonds Dec 2027 Term Muni Bond ETF (BATS:IBMP) by 48.6% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The fund owned 29,102 shares of the company’s stock after buying an additional 9,521 shares during the quarter. Parallel Advisors LLC owned about 0.17% of iShares iBonds Dec 2027 Term Muni Bond ETF worth $732,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Horan Securities Inc. raised its stake in iShares iBonds Dec 2027 Term Muni Bond ETF by 6.9% in the fourth quarter. Horan Securities Inc. now owns 8,544 shares of the company’s stock valued at $215,000 after buying an additional 549 shares during the last quarter. Jones Financial Companies Lllp purchased a new position in shares of iShares iBonds Dec 2027 Term Muni Bond ETF in the fourth quarter worth about $50,000. Heartwood Wealth Advisors LLC raised its stake in shares of iShares iBonds Dec 2027 Term Muni Bond ETF by 0.8% in the fourth quarter. Heartwood Wealth Advisors LLC now owns 709,060 shares of the company’s stock worth $17,826,000 after purchasing an additional 5,344 shares during the last quarter. Captrust Financial Advisors raised its stake in shares of iShares iBonds Dec 2027 Term Muni Bond ETF by 26.5% in the third quarter. Captrust Financial Advisors now owns 25,791 shares of the company’s stock worth $656,000 after purchasing an additional 5,400 shares during the last quarter. Finally, Hills Bank & Trust Co raised its stake in shares of iShares iBonds Dec 2027 Term Muni Bond ETF by 3.7% in the fourth quarter. Hills Bank & Trust Co now owns 337,256 shares of the company’s stock worth $8,479,000 after purchasing an additional 12,015 shares during the last quarter.

iShares iBonds Dec 2027 Term Muni Bond ETF Stock Performance

Shares of BATS:IBMP opened at $25.29 on Friday. iShares iBonds Dec 2027 Term Muni Bond ETF has a 52-week low of $24.81 and a 52-week high of $25.51. The business has a 50-day moving average price of $25.24 and a 200-day moving average price of $25.28.

iShares iBonds Dec 2027 Term Muni Bond ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Thursday, March 6th. Stockholders of record on Monday, March 3rd were paid a $0.0547 dividend. This is a boost from iShares iBonds Dec 2027 Term Muni Bond ETF’s previous dividend of $0.05. The ex-dividend date was Monday, March 3rd.

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.