United Capital Financial Advisors LLC Takes Position in iShares iBonds Dec 2029 Term Muni Bond ETF (NYSEARCA:IBMR)

United Capital Financial Advisors LLC acquired a new stake in iShares iBonds Dec 2029 Term Muni Bond ETF (NYSEARCA:IBMR) during the 4th quarter, HoldingsChannel reports. The firm acquired 76,363 shares of the company’s stock, valued at approximately $1,908,000.

Several other institutional investors and hedge funds have also bought and sold shares of IBMR. Sandy Spring Bank increased its holdings in iShares iBonds Dec 2029 Term Muni Bond ETF by 29.7% in the 4th quarter. Sandy Spring Bank now owns 48,305 shares of the company’s stock worth $1,207,000 after acquiring an additional 11,056 shares during the last quarter. Newman Dignan & Sheerar Inc. bought a new position in iShares iBonds Dec 2029 Term Muni Bond ETF during the fourth quarter worth about $375,000. Crews Bank & Trust purchased a new position in shares of iShares iBonds Dec 2029 Term Muni Bond ETF in the fourth quarter worth about $442,000. Noble Wealth Management PBC bought a new stake in shares of iShares iBonds Dec 2029 Term Muni Bond ETF in the fourth quarter valued at approximately $50,000. Finally, Leavell Investment Management Inc. lifted 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 valued at $341,000 after buying an additional 5,250 shares in the last quarter.

iShares iBonds Dec 2029 Term Muni Bond ETF Trading Down 0.3 %

iShares iBonds Dec 2029 Term Muni Bond ETF stock opened at $24.74 on Friday. The firm has a 50 day simple moving average of $25.03 and a 200 day simple moving average of $25.09. iShares iBonds Dec 2029 Term Muni Bond ETF has a 1-year low of $24.34 and a 1-year high of $25.52.

iShares iBonds Dec 2029 Term Muni Bond ETF Increases Dividend

The business also recently declared a dividend, which was paid on Thursday, March 6th. Stockholders of record on Monday, March 3rd were given a $0.0555 dividend. The ex-dividend date of this dividend was Monday, March 3rd. This is a boost from iShares iBonds Dec 2029 Term Muni Bond ETF’s previous dividend of $0.05.

iShares iBonds Dec 2029 Term Muni Bond ETF Profile

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.