iShares iBonds Dec 2024 Term Muni Bond ETF (BATS:IBMM) Shares Sold by Prime Capital Investment Advisors LLC

Prime Capital Investment Advisors LLC cut its stake in iShares iBonds Dec 2024 Term Muni Bond ETF (BATS:IBMM) by 12.7% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 9,877 shares of the company’s stock after selling 1,434 shares during the quarter. Prime Capital Investment Advisors LLC’s holdings in iShares iBonds Dec 2024 Term Muni Bond ETF were worth $258,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Hills Bank & Trust Co increased its stake in shares of iShares iBonds Dec 2024 Term Muni Bond ETF by 193.5% in the 2nd quarter. Hills Bank & Trust Co now owns 129,198 shares of the company’s stock worth $3,365,000 after acquiring an additional 85,180 shares during the last quarter. Lbmc Investment Advisors LLC increased its stake in shares of iShares iBonds Dec 2024 Term Muni Bond ETF by 9.9% in the 2nd quarter. Lbmc Investment Advisors LLC now owns 107,537 shares of the company’s stock worth $2,801,000 after acquiring an additional 9,713 shares during the last quarter. Sonata Capital Group Inc. acquired a new stake in shares of iShares iBonds Dec 2024 Term Muni Bond ETF in the 3rd quarter worth $2,785,000. PSI Advisors LLC increased its stake in shares of iShares iBonds Dec 2024 Term Muni Bond ETF by 25.9% in the 3rd quarter. PSI Advisors LLC now owns 93,919 shares of the company’s stock worth $2,451,000 after acquiring an additional 19,309 shares during the last quarter. Finally, Confluence Investment Management LLC increased its stake in shares of iShares iBonds Dec 2024 Term Muni Bond ETF by 2.5% in the 3rd quarter. Confluence Investment Management LLC now owns 41,187 shares of the company’s stock worth $1,075,000 after acquiring an additional 1,002 shares during the last quarter.

iShares iBonds Dec 2024 Term Muni Bond ETF Price Performance

Shares of IBMM opened at $26.12 on Monday. The business has a 50-day moving average of $26.07 and a two-hundred day moving average of $26.04.

iShares iBonds Dec 2024 Term Muni Bond ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Friday, September 6th. Stockholders of record on Tuesday, September 3rd were issued a dividend of $0.0557 per share. The ex-dividend date of this dividend was Tuesday, September 3rd. This is a boost from iShares iBonds Dec 2024 Term Muni Bond ETF’s previous dividend of $0.05.

iShares iBonds Dec 2024 Term Muni Bond ETF Company Profile

The iShares iBonds Dec 2024 Term Muni Bond ETF (IBMM) is an exchange-traded fund that is based on the S&P AMT-Free Municipal Series 2024 index. The fund tracks a market-value-weighted index of investment-grade AMT-Free municipal bonds that mature between January 1 and December 2, 2024. IBMM was launched on Mar 20, 2018 and is managed by BlackRock.