Spinnaker Trust Has $693,000 Holdings in iShares iBonds Dec 2025 Term Muni Bond ETF (BATS:IBMN)

Spinnaker Trust boosted its holdings in iShares iBonds Dec 2025 Term Muni Bond ETF (BATS:IBMN) by 7.0% during the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 25,995 shares of the company’s stock after acquiring an additional 1,710 shares during the quarter. Spinnaker Trust’s holdings in iShares iBonds Dec 2025 Term Muni Bond ETF were worth $693,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in the stock. ORG Partners LLC bought a new stake in shares of iShares iBonds Dec 2025 Term Muni Bond ETF in the 2nd quarter worth $98,000. Janney Montgomery Scott LLC boosted its stake in shares of iShares iBonds Dec 2025 Term Muni Bond ETF by 36.7% in the 1st quarter. Janney Montgomery Scott LLC now owns 12,802 shares of the company’s stock worth $339,000 after buying an additional 3,435 shares during the last quarter. Parallel Advisors LLC grew its holdings in shares of iShares iBonds Dec 2025 Term Muni Bond ETF by 30.5% in the second quarter. Parallel Advisors LLC now owns 13,046 shares of the company’s stock valued at $346,000 after acquiring an additional 3,046 shares in the last quarter. Exchange Capital Management Inc. purchased a new stake in shares of iShares iBonds Dec 2025 Term Muni Bond ETF during the second quarter valued at approximately $554,000. Finally, Archford Capital Strategies LLC increased its position in shares of iShares iBonds Dec 2025 Term Muni Bond ETF by 9.3% during the 2nd quarter. Archford Capital Strategies LLC now owns 21,027 shares of the company’s stock valued at $557,000 after purchasing an additional 1,785 shares during the last quarter.

iShares iBonds Dec 2025 Term Muni Bond ETF Stock Performance

Shares of IBMN stock opened at $26.56 on Thursday. The stock has a 50 day moving average of $26.63 and a 200-day moving average of $26.54.

iShares iBonds Dec 2025 Term Muni Bond ETF Increases Dividend

The company also recently announced a dividend, which was paid on Friday, September 6th. Shareholders of record on Tuesday, September 3rd were paid a $0.0457 dividend. The ex-dividend date of this dividend was Tuesday, September 3rd. This is a positive change from iShares iBonds Dec 2025 Term Muni Bond ETF’s previous dividend of $0.05.

iShares iBonds Dec 2025 Term Muni Bond ETF Profile

The iShares iBonds Dec 2025 Term Muni Bond ETF (IBMN) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a market-value-weighted index of investment-grade, AMT-Free municipal bonds that mature between January and December 2025. IBMN was launched on Nov 13, 2018 and is managed by BlackRock.