PSI Advisors LLC Takes Position in iShares iBonds Dec 2029 Term Muni Bond ETF $IBMR

PSI Advisors LLC purchased a new stake in iShares iBonds Dec 2029 Term Muni Bond ETF (BATS:IBMR) in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor purchased 50,800 shares of the company’s stock, valued at approximately $1,292,000. PSI Advisors LLC owned 0.31% of iShares iBonds Dec 2029 Term Muni Bond ETF at the end of the most recent reporting period.

Several other hedge funds have also made changes to their positions in the company. Praetorian Wealth Management Inc. grew its stake in shares of iShares iBonds Dec 2029 Term Muni Bond ETF by 17.2% in the 4th quarter. Praetorian Wealth Management Inc. now owns 205,521 shares of the company’s stock valued at $5,226,000 after buying an additional 30,120 shares during the period. United Capital Financial Advisors LLC grew its stake in shares of iShares iBonds Dec 2029 Term Muni Bond ETF by 14.7% in the 3rd quarter. United Capital Financial Advisors LLC now owns 113,259 shares of the company’s stock valued at $2,891,000 after buying an additional 14,557 shares during the period. NewEdge Advisors LLC grew its stake in shares of iShares iBonds Dec 2029 Term Muni Bond ETF by 1.3% in the 3rd quarter. NewEdge Advisors LLC now owns 84,023 shares of the company’s stock valued at $2,145,000 after buying an additional 1,106 shares during the period. Confluence Investment Management LLC grew its stake in shares of iShares iBonds Dec 2029 Term Muni Bond ETF by 10.2% in the 4th quarter. Confluence Investment Management LLC now owns 81,442 shares of the company’s stock valued at $2,071,000 after buying an additional 7,507 shares during the period. Finally, Atlantic Union Bankshares Corp grew its stake in shares of iShares iBonds Dec 2029 Term Muni Bond ETF by 17.5% in the 4th quarter. Atlantic Union Bankshares Corp now owns 67,081 shares of the company’s stock valued at $1,706,000 after buying an additional 9,994 shares during the period.

iShares iBonds Dec 2029 Term Muni Bond ETF Price Performance

iShares iBonds Dec 2029 Term Muni Bond ETF stock opened at $25.33 on Thursday. The firm has a 50 day simple moving average of $25.35 and a 200-day simple moving average of $25.46. iShares iBonds Dec 2029 Term Muni Bond ETF has a 1-year low of $24.89 and a 1-year high of $25.77.

About iShares iBonds Dec 2029 Term Muni Bond ETF

The iShares iBonds Dec 2029 Term Muni Bond ETF (IBMR) 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 2029. IBMR was launched on May 9, 2023 and is managed by BlackRock.