Leavell Investment Management Inc. Acquires 107,750 Shares of iShares iBonds Dec 2027 Term Muni Bond ETF (BATS:IBMP)

Leavell Investment Management Inc. lifted its holdings in shares of iShares iBonds Dec 2027 Term Muni Bond ETF (BATS:IBMP) by 186.1% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 165,662 shares of the company’s stock after acquiring an additional 107,750 shares during the quarter. Leavell Investment Management Inc. owned approximately 0.98% of iShares iBonds Dec 2027 Term Muni Bond ETF worth $4,165,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in IBMP. Crews Bank & Trust acquired a new stake in iShares iBonds Dec 2027 Term Muni Bond ETF during the fourth quarter worth approximately $733,000. Lbmc Investment Advisors LLC lifted its holdings in iShares iBonds Dec 2027 Term Muni Bond ETF by 8.5% during the 4th quarter. Lbmc Investment Advisors LLC now owns 297,290 shares of the company’s stock worth $7,474,000 after purchasing an additional 23,328 shares during the last quarter. Heartwood Wealth Advisors LLC boosted its stake in iShares iBonds Dec 2027 Term Muni Bond ETF by 0.8% in the 4th quarter. Heartwood Wealth Advisors LLC now owns 709,060 shares of the company’s stock valued at $17,826,000 after purchasing an additional 5,344 shares during the period. JPMorgan Chase & Co. acquired a new position in iShares iBonds Dec 2027 Term Muni Bond ETF in the 3rd quarter valued at $961,000. Finally, Integrated Wealth Concepts LLC increased its position in iShares iBonds Dec 2027 Term Muni Bond ETF by 30.7% during the 3rd quarter. Integrated Wealth Concepts LLC now owns 111,753 shares of the company’s stock worth $2,844,000 after buying an additional 26,270 shares during the period.

iShares iBonds Dec 2027 Term Muni Bond ETF Price Performance

BATS IBMP opened at $25.23 on Wednesday. The company has a fifty day simple moving average of $25.21 and a 200 day simple moving average of $25.29.

iShares iBonds Dec 2027 Term Muni Bond ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Thursday, February 6th. Stockholders of record on Monday, February 3rd were issued a dividend of $0.0497 per share. The ex-dividend date was Monday, February 3rd. This is an increase from iShares iBonds Dec 2027 Term Muni Bond ETF’s previous dividend of $0.05.

About iShares iBonds Dec 2027 Term Muni Bond ETF

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.