Exchange Capital Management Inc. Takes Position in iShares iBonds Dec 2026 Term Muni Bond ETF (BATS:IBMO)

Exchange Capital Management Inc. bought a new position in shares of iShares iBonds Dec 2026 Term Muni Bond ETF (BATS:IBMO) in the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 12,754 shares of the company’s stock, valued at approximately $323,000. Exchange Capital Management Inc. owned about 0.07% of iShares iBonds Dec 2026 Term Muni Bond ETF at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in IBMO. Gould Asset Management LLC CA bought a new position in iShares iBonds Dec 2026 Term Muni Bond ETF in the 4th quarter valued at approximately $437,000. Spinnaker Trust bought a new stake in iShares iBonds Dec 2026 Term Muni Bond ETF in the 4th quarter valued at about $305,000. Hills Bank & Trust Co increased its position in shares of iShares iBonds Dec 2026 Term Muni Bond ETF by 145.8% during the fourth quarter. Hills Bank & Trust Co now owns 244,958 shares of the company’s stock valued at $6,249,000 after buying an additional 145,281 shares during the period. Horan Securities Inc. bought a new stake in shares of iShares iBonds Dec 2026 Term Muni Bond ETF during the fourth quarter valued at about $204,000. Finally, Confluence Investment Management LLC bought a new position in shares of iShares iBonds Dec 2026 Term Muni Bond ETF in the first quarter worth approximately $1,755,000.

iShares iBonds Dec 2026 Term Muni Bond ETF Stock Performance

Shares of iShares iBonds Dec 2026 Term Muni Bond ETF stock traded up $0.01 on Thursday, hitting $25.58. The stock had a trading volume of 49,826 shares. The firm has a 50 day moving average of $25.39 and a 200-day moving average of $25.34.

iShares iBonds Dec 2026 Term Muni Bond ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Friday, July 5th. Shareholders of record on Monday, July 1st were paid a dividend of $0.0465 per share. The ex-dividend date was Monday, July 1st.

iShares iBonds Dec 2026 Term Muni Bond ETF Profile

The iShares iBonds Dec 2026 Term Muni Bond ETF (IBMO) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a market-value weighted index of AMT-free municipal bonds that mature between January and December 2026. IBMO was launched on Apr 2, 2019 and is managed by BlackRock.