Sandy Spring Bank Acquires 19,192 Shares of iShares iBonds Dec 2030 Term Muni Bond ETF (NYSEARCA:IBMS)

Sandy Spring Bank boosted its holdings in iShares iBonds Dec 2030 Term Muni Bond ETF (NYSEARCA:IBMS) by 80.5% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 43,029 shares of the company’s stock after purchasing an additional 19,192 shares during the quarter. Sandy Spring Bank’s holdings in iShares iBonds Dec 2030 Term Muni Bond ETF were worth $1,091,000 at the end of the most recent quarter.

Separately, Praetorian Wealth Management Inc. bought a new stake in iShares iBonds Dec 2030 Term Muni Bond ETF in the fourth quarter worth approximately $1,865,000.

iShares iBonds Dec 2030 Term Muni Bond ETF Trading Up 0.1 %

Shares of IBMS stock opened at $25.48 on Friday. iShares iBonds Dec 2030 Term Muni Bond ETF has a fifty-two week low of $24.84 and a fifty-two week high of $26.04. The stock has a 50 day simple moving average of $25.53 and a two-hundred day simple moving average of $25.58.

iShares iBonds Dec 2030 Term Muni Bond ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Thursday, March 6th. Investors of record on Monday, March 3rd were given a $0.0567 dividend. The ex-dividend date of this dividend was Monday, March 3rd. This is an increase from iShares iBonds Dec 2030 Term Muni Bond ETF’s previous dividend of $0.05.

About iShares iBonds Dec 2030 Term Muni Bond ETF

The iShares iBonds Dec 2030 Term Muni Bond ETF (IBMS) 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 2030 IBMS was launched on May 22, 2024 and is issued by BlackRock.