Sandy Spring Bank Buys 1,853 Shares of iShares iBonds Dec 2027 Term Muni Bond ETF (BATS:IBMP)

Sandy Spring Bank increased its stake in iShares iBonds Dec 2027 Term Muni Bond ETF (BATS:IBMP) by 4.3% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 44,485 shares of the company’s stock after purchasing an additional 1,853 shares during the quarter. Sandy Spring Bank owned approximately 0.26% of iShares iBonds Dec 2027 Term Muni Bond ETF worth $1,118,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Jones Financial Companies Lllp bought a new position in iShares iBonds Dec 2027 Term Muni Bond ETF in the 4th quarter worth $50,000. Horan Securities Inc. increased its stake in iShares iBonds Dec 2027 Term Muni Bond ETF by 6.9% in the 4th quarter. Horan Securities Inc. now owns 8,544 shares of the company’s stock worth $215,000 after buying an additional 549 shares in the last quarter. Captrust Financial Advisors increased its stake in iShares iBonds Dec 2027 Term Muni Bond ETF by 26.5% in the 3rd quarter. Captrust Financial Advisors now owns 25,791 shares of the company’s stock worth $656,000 after buying an additional 5,400 shares in the last quarter. Parallel Advisors LLC increased its stake in iShares iBonds Dec 2027 Term Muni Bond ETF by 48.6% in the 4th quarter. Parallel Advisors LLC now owns 29,102 shares of the company’s stock worth $732,000 after buying an additional 9,521 shares in the last quarter. Finally, Crews Bank & Trust purchased a new stake in iShares iBonds Dec 2027 Term Muni Bond ETF in the 4th quarter worth $733,000.

iShares iBonds Dec 2027 Term Muni Bond ETF Trading Up 0.7 %

Shares of IBMP stock 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 stock has a fifty day simple moving average of $25.24 and a two-hundred day simple moving average of $25.28.

iShares iBonds Dec 2027 Term Muni Bond ETF Increases Dividend

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

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.