United Capital Financial Advisors LLC Makes New $1.91 Million Investment in iShares iBonds Dec 2029 Term Muni Bond ETF (NYSEARCA:IBMR)

United Capital Financial Advisors LLC purchased a new stake in iShares iBonds Dec 2029 Term Muni Bond ETF (NYSEARCA:IBMR) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 76,363 shares of the company’s stock, valued at approximately $1,908,000. United Capital Financial Advisors LLC owned approximately 1.98% of iShares iBonds Dec 2029 Term Muni Bond ETF at the end of the most recent quarter.

Several other institutional investors have also made changes to their positions in the stock. Noble Wealth Management PBC bought a new position in iShares iBonds Dec 2029 Term Muni Bond ETF in the fourth quarter valued at approximately $50,000. Leavell Investment Management Inc. increased its stake in shares of iShares iBonds Dec 2029 Term Muni Bond ETF by 62.5% in the 4th quarter. Leavell Investment Management Inc. now owns 13,653 shares of the company’s stock valued at $341,000 after purchasing an additional 5,250 shares during the last quarter. Sandy Spring Bank raised its holdings in shares of iShares iBonds Dec 2029 Term Muni Bond ETF by 29.7% during the 4th quarter. Sandy Spring Bank now owns 48,305 shares of the company’s stock worth $1,207,000 after buying an additional 11,056 shares in the last quarter. Newman Dignan & Sheerar Inc. bought a new stake in shares of iShares iBonds Dec 2029 Term Muni Bond ETF during the 4th quarter worth $375,000. Finally, Crews Bank & Trust acquired a new stake in iShares iBonds Dec 2029 Term Muni Bond ETF in the fourth quarter valued at about $442,000.

iShares iBonds Dec 2029 Term Muni Bond ETF Price Performance

IBMR stock opened at $24.74 on Friday. The firm has a 50-day moving average price of $25.03 and a 200-day moving average price of $25.09. iShares iBonds Dec 2029 Term Muni Bond ETF has a 12 month low of $24.34 and a 12 month high of $25.52.

iShares iBonds Dec 2029 Term Muni Bond ETF Increases Dividend

The business also recently announced a dividend, which was paid on Thursday, March 6th. Shareholders of record on Monday, March 3rd were given a $0.0555 dividend. The ex-dividend date was Monday, March 3rd. This is a positive change from iShares iBonds Dec 2029 Term Muni Bond ETF’s previous dividend of $0.05.

iShares iBonds Dec 2029 Term Muni Bond ETF 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.