Praetorian Wealth Management Inc. Purchases New Shares in iShares iBonds Dec 2031 Term Muni Bond ETF $IBMT

Praetorian Wealth Management Inc. acquired a new stake in shares of iShares iBonds Dec 2031 Term Muni Bond ETF (BATS:IBMT) during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund acquired 47,639 shares of the company’s stock, valued at approximately $1,236,000.

Several other institutional investors have also added to or reduced their stakes in IBMT. Lbmc Investment Advisors LLC purchased a new stake in shares of iShares iBonds Dec 2031 Term Muni Bond ETF in the 3rd quarter worth about $405,000. Crews Bank & Trust bought a new stake in shares of iShares iBonds Dec 2031 Term Muni Bond ETF during the 3rd quarter valued at about $110,000. MassMutual Private Wealth & Trust FSB increased its position in shares of iShares iBonds Dec 2031 Term Muni Bond ETF by 28.6% during the third quarter. MassMutual Private Wealth & Trust FSB now owns 27,561 shares of the company’s stock valued at $713,000 after buying an additional 6,124 shares during the period. Sarver Vrooman Wealth Advisors purchased a new position in shares of iShares iBonds Dec 2031 Term Muni Bond ETF during the third quarter valued at about $32,000. Finally, Leavell Investment Management Inc. raised its stake in iShares iBonds Dec 2031 Term Muni Bond ETF by 65.3% in the third quarter. Leavell Investment Management Inc. now owns 29,575 shares of the company’s stock worth $766,000 after buying an additional 11,685 shares in the last quarter.

iShares iBonds Dec 2031 Term Muni Bond ETF Stock Performance

Shares of IBMT opened at $25.60 on Monday. iShares iBonds Dec 2031 Term Muni Bond ETF has a one year low of $24.24 and a one year high of $26.44. The company has a 50-day simple moving average of $26.12 and a two-hundred day simple moving average of $26.01.

iShares iBonds Dec 2031 Term Muni Bond ETF Profile

iShares Trust – iShares iBonds Dec 2031 Term Muni Bond ETF is an exchange traded fund launched by BlackRock, Inc The fund is managed by BlackRock Fund Advisors. It invests in the fixed income markets of the United States. The fund invests in municipal bonds issued by the state or local governments or agencies that are exempt from U.S. federal income taxes and the federal alternative minimum tax. It invests in investment-grade bonds rated at least BBB- by S&P or Fitch or Baa3 by Moody’s that will mature after December 31, 2030 and before December 2, 2031.