Eldridge Investment Advisors Inc. Boosts Stock Position in iShares iBonds Dec 2024 Term Muni Bond ETF (BATS:IBMM)

Eldridge Investment Advisors Inc. grew its stake in shares of iShares iBonds Dec 2024 Term Muni Bond ETF (BATS:IBMM) by 85.3% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 36,935 shares of the company’s stock after buying an additional 17,000 shares during the period. Eldridge Investment Advisors Inc. owned 0.17% of iShares iBonds Dec 2024 Term Muni Bond ETF worth $958,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in the stock. Cary Street Partners Investment Advisory LLC bought a new stake in iShares iBonds Dec 2024 Term Muni Bond ETF in the 3rd quarter worth approximately $205,000. Cary Street Partners Asset Management LLC increased its stake in iShares iBonds Dec 2024 Term Muni Bond ETF by 4.9% in the 4th quarter. Cary Street Partners Asset Management LLC now owns 8,361 shares of the company’s stock worth $217,000 after acquiring an additional 390 shares during the last quarter. RVW Wealth LLC bought a new stake in iShares iBonds Dec 2024 Term Muni Bond ETF in the 4th quarter worth approximately $302,000. Spinnaker Trust increased its stake in iShares iBonds Dec 2024 Term Muni Bond ETF by 26.0% in the 3rd quarter. Spinnaker Trust now owns 12,124 shares of the company’s stock worth $311,000 after acquiring an additional 2,503 shares during the last quarter. Finally, Princeton Global Asset Management LLC increased its stake in iShares iBonds Dec 2024 Term Muni Bond ETF by 5.5% in the 3rd quarter. Princeton Global Asset Management LLC now owns 14,819 shares of the company’s stock worth $381,000 after acquiring an additional 775 shares during the last quarter.

iShares iBonds Dec 2024 Term Muni Bond ETF Stock Performance

Shares of iShares iBonds Dec 2024 Term Muni Bond ETF stock traded up $0.02 on Thursday, reaching $25.96. The company had a trading volume of 109,654 shares. The firm’s 50-day simple moving average is $25.95 and its 200-day simple moving average is $25.90.

iShares iBonds Dec 2024 Term Muni Bond ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Friday, April 5th. Investors of record on Tuesday, April 2nd were given a dividend of $0.0409 per share. This is an increase from iShares iBonds Dec 2024 Term Muni Bond ETF’s previous dividend of $0.04. The ex-dividend date was Monday, April 1st.

About iShares iBonds Dec 2024 Term Muni Bond ETF

The iShares iBonds Dec 2024 Term Muni Bond ETF (IBMM) is an exchange-traded fund that is based on the S&P AMT-Free Municipal Series 2024 index. The fund tracks a market-value-weighted index of investment-grade AMT-Free municipal bonds that mature between January 1 and December 2, 2024. IBMM was launched on Mar 20, 2018 and is managed by BlackRock.