10Elms LLP Invests $407,000 in iShares iBonds Dec 2027 Term Muni Bond ETF (BATS:IBMP)

10Elms LLP purchased a new stake in iShares iBonds Dec 2027 Term Muni Bond ETF (BATS:IBMP) during the fourth quarter, according to its most recent filing with the SEC. The fund purchased 16,194 shares of the company’s stock, valued at approximately $407,000. 10Elms LLP owned about 0.10% of iShares iBonds Dec 2027 Term Muni Bond ETF as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Jones Financial Companies Lllp bought a new position in shares of iShares iBonds Dec 2027 Term Muni Bond ETF during the 4th quarter valued at approximately $50,000. Horan Securities Inc. lifted its position in iShares iBonds Dec 2027 Term Muni Bond ETF by 6.9% during the fourth quarter. Horan Securities Inc. now owns 8,544 shares of the company’s stock valued at $215,000 after purchasing an additional 549 shares during the last quarter. Parallel Advisors LLC grew its stake in shares of iShares iBonds Dec 2027 Term Muni Bond ETF by 48.6% in the 4th quarter. Parallel Advisors LLC now owns 29,102 shares of the company’s stock worth $732,000 after buying an additional 9,521 shares in the last quarter. Crews Bank & Trust bought a new stake in shares of iShares iBonds Dec 2027 Term Muni Bond ETF in the 4th quarter worth about $733,000. Finally, JPMorgan Chase & Co. bought a new stake in shares of iShares iBonds Dec 2027 Term Muni Bond ETF in the 3rd quarter worth about $961,000.

iShares iBonds Dec 2027 Term Muni Bond ETF Stock Performance

Shares of BATS IBMP opened at $25.21 on Wednesday. iShares iBonds Dec 2027 Term Muni Bond ETF has a 12-month low of $24.81 and a 12-month high of $25.51. The firm’s 50-day moving average price is $25.16 and its 200-day moving average price is $25.21.

iShares iBonds Dec 2027 Term Muni Bond ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Thursday, March 6th. Stockholders of record on Monday, March 3rd were paid a $0.0547 dividend. This is a positive change from iShares iBonds Dec 2027 Term Muni Bond ETF’s previous dividend of $0.05. The ex-dividend date of this dividend was Monday, March 3rd.

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.