JPMorgan Chase & Co. acquired a new position in iShares iBonds Dec 2027 Term Muni Bond ETF (BATS:IBMP – Free Report) in the third quarter, Holdings Channel reports. The firm acquired 37,761 shares of the company’s stock, valued at approximately $961,000.
Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Sonata Capital Group Inc. bought a new stake in iShares iBonds Dec 2027 Term Muni Bond ETF during the third quarter valued at about $201,000. True Link Financial Advisors LLC acquired a new position in shares of iShares iBonds Dec 2027 Term Muni Bond ETF during the 3rd quarter worth about $219,000. Captrust Financial Advisors lifted its position in shares of iShares iBonds Dec 2027 Term Muni Bond ETF by 26.5% during the 3rd quarter. Captrust Financial Advisors now owns 25,791 shares of the company’s stock worth $656,000 after purchasing an additional 5,400 shares during the last quarter. Spinnaker Trust boosted its stake in iShares iBonds Dec 2027 Term Muni Bond ETF by 6.8% during the 3rd quarter. Spinnaker Trust now owns 30,105 shares of the company’s stock valued at $766,000 after purchasing an additional 1,905 shares during the period. Finally, Confluence Investment Management LLC grew its holdings in iShares iBonds Dec 2027 Term Muni Bond ETF by 2.5% in the 3rd quarter. Confluence Investment Management LLC now owns 41,256 shares of the company’s stock valued at $1,050,000 after buying an additional 997 shares during the last quarter.
iShares iBonds Dec 2027 Term Muni Bond ETF Price Performance
Shares of IBMP stock opened at $25.18 on Friday. The stock’s 50 day simple moving average is $25.23 and its 200 day simple moving average is $25.28.
About iShares iBonds Dec 2027 Term Muni Bond ETF
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.
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Want to see what other hedge funds are holding IBMP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares iBonds Dec 2027 Term Muni Bond ETF (BATS:IBMP – Free Report).
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