iShares iBonds Dec 2027 Term Muni Bond ETF (BATS:IBMP) Shares Sold by Confluence Investment Management LLC

Confluence Investment Management LLC decreased its position in shares of iShares iBonds Dec 2027 Term Muni Bond ETF (BATS:IBMP) by 1.1% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 40,821 shares of the company’s stock after selling 435 shares during the quarter. Confluence Investment Management LLC owned 0.24% of iShares iBonds Dec 2027 Term Muni Bond ETF worth $1,026,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Sonata Capital Group Inc. purchased a new stake in iShares iBonds Dec 2027 Term Muni Bond ETF during the third quarter worth $201,000. True Link Financial Advisors LLC acquired a new position in shares of iShares iBonds Dec 2027 Term Muni Bond ETF in the third quarter worth about $219,000. Parallel Advisors LLC boosted its stake in shares of iShares iBonds Dec 2027 Term Muni Bond ETF by 22.5% during the 2nd quarter. Parallel Advisors LLC now owns 17,447 shares of the company’s stock worth $436,000 after acquiring an additional 3,210 shares in the last quarter. Captrust Financial Advisors grew its position in shares of iShares iBonds Dec 2027 Term Muni Bond ETF by 26.5% during the 3rd quarter. Captrust Financial Advisors now owns 25,791 shares of the company’s stock valued at $656,000 after acquiring an additional 5,400 shares during the period. Finally, Spinnaker Trust increased its stake in shares of iShares iBonds Dec 2027 Term Muni Bond ETF by 6.8% in the 3rd quarter. Spinnaker Trust now owns 30,105 shares of the company’s stock valued at $766,000 after purchasing an additional 1,905 shares in the last quarter.

iShares iBonds Dec 2027 Term Muni Bond ETF Trading Up 0.2 %

Shares of IBMP stock opened at $25.18 on Friday. The business’s 50-day simple moving average is $25.25 and its 200 day simple moving average is $25.26.

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.