Spinnaker Trust Raises Position in iShares iBonds Dec 2028 Term Muni Bond ETF (BATS:IBMQ)

Spinnaker Trust raised its stake in shares of iShares iBonds Dec 2028 Term Muni Bond ETF (BATS:IBMQ) by 125.8% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 43,245 shares of the company’s stock after purchasing an additional 24,095 shares during the period. Spinnaker Trust owned 0.34% of iShares iBonds Dec 2028 Term Muni Bond ETF worth $1,089,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Praetorian Wealth Management Inc. raised its holdings in shares of iShares iBonds Dec 2028 Term Muni Bond ETF by 3.5% in the fourth quarter. Praetorian Wealth Management Inc. now owns 238,511 shares of the company’s stock worth $6,006,000 after buying an additional 8,112 shares during the period. Heartwood Wealth Advisors LLC raised its holdings in shares of iShares iBonds Dec 2028 Term Muni Bond ETF by 0.8% in the fourth quarter. Heartwood Wealth Advisors LLC now owns 235,088 shares of the company’s stock worth $5,920,000 after buying an additional 1,835 shares during the period. Lbmc Investment Advisors LLC raised its holdings in shares of iShares iBonds Dec 2028 Term Muni Bond ETF by 8.7% in the fourth quarter. Lbmc Investment Advisors LLC now owns 235,060 shares of the company’s stock worth $5,919,000 after buying an additional 18,895 shares during the period. JPMorgan Chase & Co. purchased a new stake in shares of iShares iBonds Dec 2028 Term Muni Bond ETF in the third quarter worth approximately $1,756,000. Finally, Integrated Wealth Concepts LLC raised its holdings in shares of iShares iBonds Dec 2028 Term Muni Bond ETF by 42.0% in the third quarter. Integrated Wealth Concepts LLC now owns 37,678 shares of the company’s stock worth $966,000 after buying an additional 11,145 shares during the period.

iShares iBonds Dec 2028 Term Muni Bond ETF Trading Up 0.0 %

Shares of BATS IBMQ opened at $25.25 on Friday. The business has a fifty day simple moving average of $25.23 and a 200 day simple moving average of $25.36.

iShares iBonds Dec 2028 Term Muni Bond ETF Increases Dividend

The company also recently announced a dividend, which was paid on Thursday, February 6th. Shareholders of record on Monday, February 3rd were paid a dividend of $0.0502 per share. This is a positive change from iShares iBonds Dec 2028 Term Muni Bond ETF’s previous dividend of $0.05. The ex-dividend date was Monday, February 3rd.

iShares iBonds Dec 2028 Term Muni Bond ETF Profile

The iShares iBonds Dec 2028 Term Muni Bond ETF (IBMQ) 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 2028. IBMQ was launched on Apr 16, 2019 and is managed by BlackRock.