Exchange Capital Management Inc. reduced its stake in iShares iBonds Dec 2027 Term Muni Bond ETF (BATS:IBMP – Free Report) by 6.9% in the 2nd quarter, HoldingsChannel reports. The firm owned 13,951 shares of the company’s stock after selling 1,035 shares during the quarter. Exchange Capital Management Inc.’s holdings in iShares iBonds Dec 2027 Term Muni Bond ETF were worth $354,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. PSI Advisors LLC acquired a new stake in shares of iShares iBonds Dec 2027 Term Muni Bond ETF in the 1st quarter valued at about $68,000. Princeton Global Asset Management LLC bought a new position in iShares iBonds Dec 2027 Term Muni Bond ETF in the first quarter worth approximately $100,000. Hughes Financial Services LLC acquired a new stake in iShares iBonds Dec 2027 Term Muni Bond ETF in the 1st quarter valued at $180,000. Cambridge Investment Research Advisors Inc. acquired a new position in shares of iShares iBonds Dec 2027 Term Muni Bond ETF during the first quarter valued at about $236,000. Finally, Private Trust Co. NA boosted its stake in iShares iBonds Dec 2027 Term Muni Bond ETF by 35.9% during the 1st quarter. Private Trust Co. NA now owns 11,200 shares of the company’s stock valued at $283,000 after purchasing an additional 2,960 shares during the last quarter.
iShares iBonds Dec 2027 Term Muni Bond ETF Price Performance
Shares of IBMP opened at $25.41 on Friday. iShares iBonds Dec 2027 Term Muni Bond ETF has a 52 week low of $24.85 and a 52 week high of $25.51. The stock has a 50 day moving average price of $25.47 and a two-hundred day moving average price of $25.31.
iShares iBonds Dec 2027 Term Muni Bond ETF Company Profile
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.
Read More
- Five stocks we like better than iShares iBonds Dec 2027 Term Muni Bond ETF
- Dividend King Proctor & Gamble Is A Buy On Post-Earnings Weakness
- After Trump Deal, Can Meta Stock Withstand TikTok’s Onslaught?
- Why Are Stock Sectors Important to Successful Investing?
- Alphabet: After Its Best Quarter in Decades, Is It Time to Buy?
- Most Volatile Stocks, What Investors Need to Know
- Forget Airlines—These Trucking Stocks Are Shifting Into High Gear
Want to see what other hedge funds are holding IBMP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares iBonds Dec 2027 Term Muni Bond ETF (BATS:IBMP – Free Report).
Receive News & Ratings for iShares iBonds Dec 2027 Term Muni Bond ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares iBonds Dec 2027 Term Muni Bond ETF and related companies with MarketBeat.com's FREE daily email newsletter.
