Praetorian Wealth Management Inc. Raises Position in iShares iBonds Dec 2029 Term Muni Bond ETF (NYSEARCA:IBMR)

Praetorian Wealth Management Inc. grew its holdings in shares of iShares iBonds Dec 2029 Term Muni Bond ETF (NYSEARCA:IBMR) by 29.9% in the 4th quarter, HoldingsChannel.com reports. The firm owned 153,688 shares of the company’s stock after purchasing an additional 35,420 shares during the quarter. iShares iBonds Dec 2029 Term Muni Bond ETF comprises approximately 0.9% of Praetorian Wealth Management Inc.’s portfolio, making the stock its 28th biggest position. Praetorian Wealth Management Inc.’s holdings in iShares iBonds Dec 2029 Term Muni Bond ETF were worth $3,839,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the business. Confluence Investment Management LLC lifted its holdings in shares of iShares iBonds Dec 2029 Term Muni Bond ETF by 4.2% during the 3rd quarter. Confluence Investment Management LLC now owns 12,139 shares of the company’s stock valued at $309,000 after purchasing an additional 490 shares during the last quarter. Parallel Advisors LLC lifted its holdings in shares of iShares iBonds Dec 2029 Term Muni Bond ETF by 22.5% during the 2nd quarter. Parallel Advisors LLC now owns 17,431 shares of the company’s stock valued at $433,000 after purchasing an additional 3,204 shares during the last quarter. Leavell Investment Management Inc. purchased a new stake in shares of iShares iBonds Dec 2029 Term Muni Bond ETF during the 3rd quarter valued at $214,000. Finally, Buffington Mohr McNeal purchased a new stake in shares of iShares iBonds Dec 2029 Term Muni Bond ETF during the 3rd quarter valued at $255,000.

iShares iBonds Dec 2029 Term Muni Bond ETF Price Performance

Shares of NYSEARCA IBMR traded down $0.09 during mid-day trading on Friday, hitting $24.90. The stock had a trading volume of 39,709 shares, compared to its average volume of 75,990. The company has a 50 day moving average of $25.09 and a two-hundred day moving average of $25.16. iShares iBonds Dec 2029 Term Muni Bond ETF has a twelve month low of $24.57 and a twelve month high of $25.56.

iShares iBonds Dec 2029 Term Muni Bond ETF 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.