Sterling Investment Advisors Ltd. Takes Position in iShares iBonds Dec 2029 Term Muni Bond ETF $IBMR

Sterling Investment Advisors Ltd. purchased a new position in shares of iShares iBonds Dec 2029 Term Muni Bond ETF (BATS:IBMR) during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 27,350 shares of the company’s stock, valued at approximately $704,000.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Praetorian Wealth Management Inc. lifted its holdings in shares of iShares iBonds Dec 2029 Term Muni Bond ETF by 1.8% in the 2nd quarter. Praetorian Wealth Management Inc. now owns 253,195 shares of the company’s stock worth $6,429,000 after purchasing an additional 4,388 shares during the last quarter. Matthew Goff Investment Advisor LLC bought a new position in iShares iBonds Dec 2029 Term Muni Bond ETF during the 1st quarter worth $2,892,000. United Capital Financial Advisors LLC grew its stake in iShares iBonds Dec 2029 Term Muni Bond ETF by 14.7% during the 3rd quarter. United Capital Financial Advisors LLC now owns 113,259 shares of the company’s stock worth $2,891,000 after buying an additional 14,557 shares during the last quarter. Integrated Wealth Concepts LLC grew its stake in iShares iBonds Dec 2029 Term Muni Bond ETF by 153.4% during the 4th quarter. Integrated Wealth Concepts LLC now owns 104,056 shares of the company’s stock worth $2,646,000 after buying an additional 62,994 shares during the last quarter. Finally, Confluence Investment Management LLC increased its position in iShares iBonds Dec 2029 Term Muni Bond ETF by 0.9% in the second quarter. Confluence Investment Management LLC now owns 87,480 shares of the company’s stock worth $2,221,000 after buying an additional 771 shares during the period.

iShares iBonds Dec 2029 Term Muni Bond ETF Trading Down 0.1%

IBMR stock opened at $25.14 on Wednesday. iShares iBonds Dec 2029 Term Muni Bond ETF has a 1 year low of $25.14 and a 1 year high of $25.77. The stock’s fifty day moving average is $25.27 and its two-hundred day moving average is $25.36.

iShares iBonds Dec 2029 Term Muni Bond ETF Company Profile

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.