Buffington Mohr McNeal Acquires New Stake in iShares iBonds Dec 2029 Term Muni Bond ETF (NYSEARCA:IBMR)

Buffington Mohr McNeal bought a new position in shares of iShares iBonds Dec 2029 Term Muni Bond ETF (NYSEARCA:IBMR) during the 3rd quarter, Holdings Channel.com reports. The firm bought 10,020 shares of the company’s stock, valued at approximately $255,000.

Several other institutional investors and hedge funds also recently made changes to their positions in the stock. Parallel Advisors LLC lifted its stake in shares of iShares iBonds Dec 2029 Term Muni Bond ETF by 22.5% in the second quarter. Parallel Advisors LLC now owns 17,431 shares of the company’s stock worth $433,000 after acquiring an additional 3,204 shares during the period. International Assets Investment Management LLC bought a new position in iShares iBonds Dec 2029 Term Muni Bond ETF during the 2nd quarter worth approximately $128,000. Archford Capital Strategies LLC bought a new position in iShares iBonds Dec 2029 Term Muni Bond ETF during the 2nd quarter worth approximately $213,000. Praetorian Wealth Management Inc. lifted its position in shares of iShares iBonds Dec 2029 Term Muni Bond ETF by 10.7% in the 3rd quarter. Praetorian Wealth Management Inc. now owns 118,268 shares of the company’s stock worth $3,015,000 after purchasing an additional 11,444 shares during the period. Finally, STAR Financial Bank bought a new stake in shares of iShares iBonds Dec 2029 Term Muni Bond ETF in the 2nd quarter valued at $297,000.

iShares iBonds Dec 2029 Term Muni Bond ETF Trading Down 0.1 %

IBMR opened at $25.33 on Friday. iShares iBonds Dec 2029 Term Muni Bond ETF has a twelve month low of $23.69 and a twelve month high of $25.68. The company has a fifty day moving average of $25.36 and a 200-day moving average of $25.07.

iShares iBonds Dec 2029 Term Muni Bond ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Friday, September 6th. Shareholders of record on Tuesday, September 3rd were issued a dividend of $0.0524 per share. The ex-dividend date was Tuesday, September 3rd.

About iShares iBonds Dec 2029 Term Muni Bond ETF

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.