Praetorian Wealth Management Inc. lowered its stake in shares of iShares iBonds Dec 2027 Term Muni Bond ETF (BATS:IBMP – Free Report) by 1.3% in the fourth quarter, HoldingsChannel.com reports. The firm owned 244,645 shares of the company’s stock after selling 3,296 shares during the period. iShares iBonds Dec 2027 Term Muni Bond ETF accounts for approximately 1.5% of Praetorian Wealth Management Inc.’s portfolio, making the stock its 14th largest holding. Praetorian Wealth Management Inc.’s holdings in iShares iBonds Dec 2027 Term Muni Bond ETF were worth $6,150,000 as of its most recent filing with the SEC.
A number of other hedge funds have also recently made changes to their positions in IBMP. Sonata Capital Group Inc. purchased a new position in shares of iShares iBonds Dec 2027 Term Muni Bond ETF during the 3rd quarter worth approximately $201,000. True Link Financial Advisors LLC purchased a new position in iShares iBonds Dec 2027 Term Muni Bond ETF in the 3rd quarter valued at approximately $219,000. Parallel Advisors LLC boosted its position in iShares iBonds Dec 2027 Term Muni Bond ETF by 22.5% in the 2nd quarter. Parallel Advisors LLC now owns 17,447 shares of the company’s stock valued at $436,000 after buying an additional 3,210 shares during the period. Captrust Financial Advisors boosted its position in iShares iBonds Dec 2027 Term Muni Bond ETF by 26.5% in the 3rd quarter. Captrust Financial Advisors now owns 25,791 shares of the company’s stock valued at $656,000 after buying an additional 5,400 shares during the period. Finally, Spinnaker Trust boosted its position in iShares iBonds Dec 2027 Term Muni Bond ETF by 6.8% in the 3rd quarter. Spinnaker Trust now owns 30,105 shares of the company’s stock valued at $766,000 after buying an additional 1,905 shares during the period.
iShares iBonds Dec 2027 Term Muni Bond ETF Stock Down 0.5 %
IBMP stock traded down $0.12 during midday trading on Friday, hitting $25.17. The company’s stock had a trading volume of 279,401 shares. The firm has a 50-day moving average of $25.24 and a 200-day moving average of $25.26.
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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