Sonata Capital Group Inc. Makes New $201,000 Investment in iShares iBonds Dec 2027 Term Muni Bond ETF (BATS:IBMP)

Sonata Capital Group Inc. purchased a new position in iShares iBonds Dec 2027 Term Muni Bond ETF (BATS:IBMP) in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund purchased 7,880 shares of the company’s stock, valued at approximately $201,000.

A number of other institutional investors have also recently made changes to their positions in the stock. Hills Bank & Trust Co lifted its position in iShares iBonds Dec 2027 Term Muni Bond ETF by 2.1% in the 2nd quarter. Hills Bank & Trust Co now owns 297,192 shares of the company’s stock worth $7,433,000 after buying an additional 6,124 shares during the last quarter. Spinnaker Trust raised its stake in shares of iShares iBonds Dec 2027 Term Muni Bond ETF by 4.5% during the second quarter. Spinnaker Trust now owns 28,200 shares of the company’s stock worth $705,000 after acquiring an additional 1,203 shares in the last quarter. Praetorian Wealth Management Inc. lifted its holdings in shares of iShares iBonds Dec 2027 Term Muni Bond ETF by 0.5% in the 3rd quarter. Praetorian Wealth Management Inc. now owns 247,941 shares of the company’s stock worth $6,310,000 after acquiring an additional 1,286 shares during the last quarter. Parallel Advisors LLC boosted its stake in shares of iShares iBonds Dec 2027 Term Muni Bond ETF by 22.5% in the 2nd quarter. Parallel Advisors LLC now owns 17,447 shares of the company’s stock valued at $436,000 after purchasing an additional 3,210 shares in the last quarter. Finally, True Link Financial Advisors LLC bought a new position in shares of iShares iBonds Dec 2027 Term Muni Bond ETF during the 3rd quarter valued at $219,000.

iShares iBonds Dec 2027 Term Muni Bond ETF Price Performance

IBMP stock traded up $0.11 during trading on Friday, hitting $25.28. 39,268 shares of the company traded hands. The stock has a 50-day moving average of $25.36 and a 200-day moving average of $25.17.

iShares iBonds Dec 2027 Term Muni Bond ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Friday, September 6th. Investors of record on Tuesday, September 3rd were issued a $0.049 dividend. The ex-dividend date of this dividend was Tuesday, September 3rd.

iShares iBonds Dec 2027 Term Muni Bond ETF 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.