Leavell Investment Management Inc. Grows Position in iShares iBonds Dec 2027 Term Muni Bond ETF (BATS:IBMP)

Leavell Investment Management Inc. lifted its position in shares of iShares iBonds Dec 2027 Term Muni Bond ETF (BATS:IBMP) by 186.1% during the fourth quarter, Holdings Channel.com reports. The firm owned 165,662 shares of the company’s stock after acquiring an additional 107,750 shares during the period. Leavell Investment Management Inc.’s holdings in iShares iBonds Dec 2027 Term Muni Bond ETF were worth $4,165,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently made changes to their positions in IBMP. Sonata Capital Group Inc. purchased a new stake in shares of iShares iBonds Dec 2027 Term Muni Bond ETF in the third quarter valued at approximately $201,000. True Link Financial Advisors LLC acquired a new stake in iShares iBonds Dec 2027 Term Muni Bond ETF in the 3rd quarter valued at $219,000. Captrust Financial Advisors increased its holdings in iShares iBonds Dec 2027 Term Muni Bond ETF by 26.5% in the 3rd quarter. Captrust Financial Advisors now owns 25,791 shares of the company’s stock worth $656,000 after acquiring an additional 5,400 shares in the last quarter. Crews Bank & Trust acquired a new position in iShares iBonds Dec 2027 Term Muni Bond ETF during the fourth quarter worth $733,000. Finally, Spinnaker Trust lifted its holdings in iShares iBonds Dec 2027 Term Muni Bond ETF by 6.8% during the third quarter. Spinnaker Trust now owns 30,105 shares of the company’s stock valued at $766,000 after purchasing an additional 1,905 shares in the last quarter.

iShares iBonds Dec 2027 Term Muni Bond ETF Trading Up 0.5 %

Shares of BATS IBMP opened at $25.23 on Wednesday. The firm has a 50-day moving average of $25.21 and a 200-day moving average of $25.29.

iShares iBonds Dec 2027 Term Muni Bond ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Thursday, February 6th. Investors of record on Monday, February 3rd were issued a $0.0497 dividend. This is a boost from iShares iBonds Dec 2027 Term Muni Bond ETF’s previous dividend of $0.05. The ex-dividend date of this dividend was Monday, February 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.