Confluence Investment Management LLC Buys Shares of 35,005 iShares iBonds Dec 2024 Term Muni Bond ETF (BATS:IBMM)

Confluence Investment Management LLC purchased a new position in shares of iShares iBonds Dec 2024 Term Muni Bond ETF (BATS:IBMMFree Report) in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 35,005 shares of the company’s stock, valued at approximately $908,000.

A number of other hedge funds and other institutional investors have also made changes to their positions in IBMM. Eldridge Investment Advisors Inc. grew its holdings in iShares iBonds Dec 2024 Term Muni Bond ETF by 85.3% during the 4th quarter. Eldridge Investment Advisors Inc. now owns 36,935 shares of the company’s stock worth $958,000 after acquiring an additional 17,000 shares in the last quarter. RVW Wealth LLC bought a new stake in shares of iShares iBonds Dec 2024 Term Muni Bond ETF during the 4th quarter valued at about $302,000. Gould Asset Management LLC CA boosted its position in iShares iBonds Dec 2024 Term Muni Bond ETF by 92.7% during the 4th quarter. Gould Asset Management LLC CA now owns 16,690 shares of the company’s stock valued at $433,000 after purchasing an additional 8,030 shares during the period. Cary Street Partners Investment Advisory LLC acquired a new position in iShares iBonds Dec 2024 Term Muni Bond ETF during the 3rd quarter valued at about $205,000. Finally, Hills Bank & Trust Co boosted its position in shares of iShares iBonds Dec 2024 Term Muni Bond ETF by 13.3% during the fourth quarter. Hills Bank & Trust Co now owns 44,018 shares of the company’s stock worth $1,141,000 after buying an additional 5,154 shares during the period.

iShares iBonds Dec 2024 Term Muni Bond ETF Price Performance

iShares iBonds Dec 2024 Term Muni Bond ETF stock remained flat at $25.99 during mid-day trading on Tuesday. The company’s stock had a trading volume of 63,351 shares. The stock’s 50-day moving average is $25.98 and its 200 day moving average is $25.95.

iShares iBonds Dec 2024 Term Muni Bond ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Friday, June 7th. Investors of record on Monday, June 3rd were issued a $0.0434 dividend. The ex-dividend date was Monday, June 3rd. This is an increase from iShares iBonds Dec 2024 Term Muni Bond ETF’s previous dividend of $0.04.

About iShares iBonds Dec 2024 Term Muni Bond ETF

(Free Report)

The iShares iBonds Dec 2024 Term Muni Bond ETF (IBMM) is an exchange-traded fund that is based on the S&P AMT-Free Municipal Series 2024 index. The fund tracks a market-value-weighted index of investment-grade AMT-Free municipal bonds that mature between January 1 and December 2, 2024. IBMM was launched on Mar 20, 2018 and is managed by BlackRock.

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Institutional Ownership by Quarter for iShares iBonds Dec 2024 Term Muni Bond ETF (BATS:IBMM)

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