Newman Dignan & Sheerar Inc. Takes Position in iShares iBonds Dec 2029 Term Muni Bond ETF (NYSEARCA:IBMR)

Newman Dignan & Sheerar Inc. purchased a new stake in iShares iBonds Dec 2029 Term Muni Bond ETF (NYSEARCA:IBMR) in the fourth quarter, according to its most recent filing with the SEC. The fund purchased 15,001 shares of the company’s stock, valued at approximately $375,000. Newman Dignan & Sheerar Inc. owned about 0.39% of iShares iBonds Dec 2029 Term Muni Bond ETF at the end of the most recent quarter.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Confluence Investment Management LLC boosted its position in iShares iBonds Dec 2029 Term Muni Bond ETF by 4.2% during the 3rd quarter. Confluence Investment Management LLC now owns 12,139 shares of the company’s stock valued at $309,000 after purchasing an additional 490 shares during the period. Crews Bank & Trust acquired a new position in iShares iBonds Dec 2029 Term Muni Bond ETF during the 4th quarter valued at approximately $442,000. Leavell Investment Management Inc. boosted its position in iShares iBonds Dec 2029 Term Muni Bond ETF by 62.5% during the 4th quarter. Leavell Investment Management Inc. now owns 13,653 shares of the company’s stock valued at $341,000 after purchasing an additional 5,250 shares during the period. Lbmc Investment Advisors LLC acquired a new position in iShares iBonds Dec 2029 Term Muni Bond ETF during the 4th quarter valued at approximately $1,682,000. Finally, Blue Square Asset Management LLC acquired a new position in iShares iBonds Dec 2029 Term Muni Bond ETF during the 4th quarter valued at approximately $755,000.

iShares iBonds Dec 2029 Term Muni Bond ETF Stock Performance

NYSEARCA:IBMR opened at $25.10 on Friday. iShares iBonds Dec 2029 Term Muni Bond ETF has a 12-month low of $24.57 and a 12-month high of $25.52. The business has a 50 day simple moving average of $25.03 and a 200 day simple moving average of $25.18.

iShares iBonds Dec 2029 Term Muni Bond ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Thursday, February 6th. Investors of record on Monday, February 3rd were given a dividend of $0.0514 per share. The ex-dividend date of this dividend was Monday, February 3rd.

iShares iBonds Dec 2029 Term Muni Bond ETF Profile

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.