Hills Bank & Trust Co Boosts Holdings in iShares iBonds Dec 2027 Term Muni Bond ETF (BATS:IBMP)

Hills Bank & Trust Co increased its holdings in iShares iBonds Dec 2027 Term Muni Bond ETF (BATS:IBMP) by 2.1% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 297,192 shares of the company’s stock after purchasing an additional 6,124 shares during the period. Hills Bank & Trust Co owned 1.76% of iShares iBonds Dec 2027 Term Muni Bond ETF worth $7,433,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in IBMP. Spinnaker Trust bought a new position in shares of iShares iBonds Dec 2027 Term Muni Bond ETF during the 4th quarter valued at approximately $234,000. Leavell Investment Management Inc. lifted its holdings in shares of iShares iBonds Dec 2027 Term Muni Bond ETF by 11.0% in the 1st quarter. Leavell Investment Management Inc. now owns 10,126 shares of the company’s stock worth $255,000 after buying an additional 1,000 shares during the period. Exchange Capital Management Inc. purchased a new stake in shares of iShares iBonds Dec 2027 Term Muni Bond ETF in the 2nd quarter worth $328,000. Archford Capital Strategies LLC lifted its holdings in shares of iShares iBonds Dec 2027 Term Muni Bond ETF by 8.3% in the 1st quarter. Archford Capital Strategies LLC now owns 15,274 shares of the company’s stock worth $384,000 after buying an additional 1,177 shares during the period. Finally, Janney Montgomery Scott LLC lifted its stake in shares of iShares iBonds Dec 2027 Term Muni Bond ETF by 28.7% during the 1st quarter. Janney Montgomery Scott LLC now owns 16,129 shares of the company’s stock worth $406,000 after purchasing an additional 3,600 shares during the last quarter.

iShares iBonds Dec 2027 Term Muni Bond ETF Price Performance

Shares of BATS IBMP traded up $0.07 during mid-day trading on Friday, reaching $25.41. 27,211 shares of the company were exchanged. The business has a 50-day simple moving average of $25.14 and a 200-day simple moving average of $25.10.

iShares iBonds Dec 2027 Term Muni Bond ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Friday, July 5th. Investors of record on Monday, July 1st were paid a dividend of $0.05 per share. The ex-dividend date of this dividend was Monday, July 1st.

iShares iBonds Dec 2027 Term Muni Bond ETF Company 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.