Sonata Capital Group Inc. Invests $2.79 Million in iShares iBonds Dec 2024 Term Muni Bond ETF (BATS:IBMM)

Sonata Capital Group Inc. bought a new stake in iShares iBonds Dec 2024 Term Muni Bond ETF (BATS:IBMM) in the 3rd quarter, Holdings Channel.com reports. The fund bought 106,720 shares of the company’s stock, valued at approximately $2,785,000. iShares iBonds Dec 2024 Term Muni Bond ETF accounts for about 1.2% of Sonata Capital Group Inc.’s investment portfolio, making the stock its 22nd largest position.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in IBMM. ORG Partners LLC purchased a new stake in iShares iBonds Dec 2024 Term Muni Bond ETF during the second quarter worth about $100,000. Janney Montgomery Scott LLC boosted its stake in shares of iShares iBonds Dec 2024 Term Muni Bond ETF by 21.3% in the first quarter. Janney Montgomery Scott LLC now owns 20,103 shares of the company’s stock valued at $522,000 after purchasing an additional 3,535 shares during the period. Archford Capital Strategies LLC grew its holdings in shares of iShares iBonds Dec 2024 Term Muni Bond ETF by 9.9% in the second quarter. Archford Capital Strategies LLC now owns 20,190 shares of the company’s stock valued at $526,000 after purchasing an additional 1,815 shares in the last quarter. Global Financial Private Client LLC increased its stake in iShares iBonds Dec 2024 Term Muni Bond ETF by 2.0% during the 2nd quarter. Global Financial Private Client LLC now owns 33,511 shares of the company’s stock worth $873,000 after buying an additional 664 shares during the period. Finally, Confluence Investment Management LLC lifted its holdings in iShares iBonds Dec 2024 Term Muni Bond ETF by 14.8% during the 2nd quarter. Confluence Investment Management LLC now owns 40,185 shares of the company’s stock worth $1,047,000 after buying an additional 5,180 shares in the last quarter.

iShares iBonds Dec 2024 Term Muni Bond ETF Stock Up 0.1 %

Shares of BATS:IBMM traded up $0.03 during trading on Friday, hitting $26.06. The company’s stock had a trading volume of 43,504 shares. The firm’s fifty day simple moving average is $26.07 and its 200 day simple moving average is $26.04.

iShares iBonds Dec 2024 Term Muni Bond ETF Increases Dividend

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

iShares iBonds Dec 2024 Term Muni Bond ETF 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.