Prime Capital Investment Advisors LLC Invests $226,000 in iShares iBonds Dec 2029 Term Muni Bond ETF (NYSEARCA:IBMR)

Prime Capital Investment Advisors LLC acquired a new position in shares of iShares iBonds Dec 2029 Term Muni Bond ETF (NYSEARCA:IBMR) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm acquired 8,830 shares of the company’s stock, valued at approximately $226,000.

Several other large investors also recently modified their holdings of the stock. Praetorian Wealth Management Inc. bought a new position in shares of iShares iBonds Dec 2029 Term Muni Bond ETF in the 4th quarter worth $1,077,000. Sandy Spring Bank lifted its holdings in shares of iShares iBonds Dec 2029 Term Muni Bond ETF by 59.9% in the 3rd quarter. Sandy Spring Bank now owns 4,860 shares of the company’s stock worth $116,000 after purchasing an additional 1,820 shares in the last quarter. Finally, Confluence Investment Management LLC bought a new position in shares of iShares iBonds Dec 2029 Term Muni Bond ETF in the 3rd quarter worth $308,000.

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

Shares of IBMR opened at $25.00 on Friday. iShares iBonds Dec 2029 Term Muni Bond ETF has a 12-month low of $23.61 and a 12-month high of $25.68. The business’s fifty day moving average is $25.30 and its 200 day moving average is $24.95.

iShares iBonds Dec 2029 Term Muni Bond ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Friday, April 5th. Investors of record on Tuesday, April 2nd were issued a $0.0447 dividend. The ex-dividend date was Monday, April 1st.

iShares iBonds Dec 2029 Term Muni Bond ETF Company 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.