PSI Advisors LLC Takes Position in iShares iBonds Dec 2029 Term Muni Bond ETF $IBMR

PSI Advisors LLC acquired a new stake in iShares iBonds Dec 2029 Term Muni Bond ETF (BATS:IBMR) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 50,800 shares of the company’s stock, valued at approximately $1,292,000.

A number of other hedge funds and other institutional investors have also modified their holdings of the company. Atlantic Union Bankshares Corp raised its holdings in shares of iShares iBonds Dec 2029 Term Muni Bond ETF by 17.5% in the 4th quarter. Atlantic Union Bankshares Corp now owns 67,081 shares of the company’s stock valued at $1,706,000 after purchasing an additional 9,994 shares in the last quarter. Curbstone Financial Management Corp raised its holdings in shares of iShares iBonds Dec 2029 Term Muni Bond ETF by 86.8% in the 4th quarter. Curbstone Financial Management Corp now owns 60,270 shares of the company’s stock valued at $1,533,000 after purchasing an additional 28,000 shares in the last quarter. Prime Capital Investment Advisors LLC raised its holdings in shares of iShares iBonds Dec 2029 Term Muni Bond ETF by 4.3% in the 4th quarter. Prime Capital Investment Advisors LLC now owns 20,497 shares of the company’s stock valued at $521,000 after purchasing an additional 853 shares in the last quarter. Crews Bank & Trust raised its holdings in shares of iShares iBonds Dec 2029 Term Muni Bond ETF by 2.3% in the 4th quarter. Crews Bank & Trust now owns 18,125 shares of the company’s stock valued at $461,000 after purchasing an additional 415 shares in the last quarter. Finally, Blue Square Asset Management LLC raised its holdings in shares of iShares iBonds Dec 2029 Term Muni Bond ETF by 6.7% in the 4th quarter. Blue Square Asset Management LLC now owns 30,512 shares of the company’s stock valued at $776,000 after purchasing an additional 1,905 shares in the last quarter.

iShares iBonds Dec 2029 Term Muni Bond ETF Stock Performance

Shares of IBMR opened at $25.33 on Thursday. iShares iBonds Dec 2029 Term Muni Bond ETF has a twelve month low of $24.89 and a twelve month high of $25.77. The firm’s fifty day simple moving average is $25.35 and its 200-day simple moving average is $25.46.

About iShares iBonds Dec 2029 Term Muni Bond ETF

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. IBMR was launched on May 9, 2023 and is managed by BlackRock.