Exchange Capital Management Inc. Has $354,000 Stock Position in iShares iBonds Dec 2027 Term Muni Bond ETF $IBMP

Exchange Capital Management Inc. cut its stake in iShares iBonds Dec 2027 Term Muni Bond ETF (BATS:IBMP) by 6.9% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 13,951 shares of the company’s stock after selling 1,035 shares during the period. Exchange Capital Management Inc. owned 0.06% of iShares iBonds Dec 2027 Term Muni Bond ETF worth $354,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in the company. PSI Advisors LLC acquired a new position in shares of iShares iBonds Dec 2027 Term Muni Bond ETF in the 1st quarter worth approximately $68,000. Princeton Global Asset Management LLC bought a new position in iShares iBonds Dec 2027 Term Muni Bond ETF during the first quarter worth $100,000. Hughes Financial Services LLC acquired a new position in iShares iBonds Dec 2027 Term Muni Bond ETF in the first quarter valued at $180,000. Cambridge Investment Research Advisors Inc. acquired a new position in iShares iBonds Dec 2027 Term Muni Bond ETF in the first quarter valued at $236,000. Finally, Private Trust Co. NA boosted its position in iShares iBonds Dec 2027 Term Muni Bond ETF by 35.9% during the first quarter. Private Trust Co. NA now owns 11,200 shares of the company’s stock valued at $283,000 after acquiring an additional 2,960 shares during the last quarter.

iShares iBonds Dec 2027 Term Muni Bond ETF Trading Down 0.4%

Shares of iShares iBonds Dec 2027 Term Muni Bond ETF stock opened at $25.41 on Friday. The business has a 50-day moving average price of $25.47 and a two-hundred day moving average price of $25.31. iShares iBonds Dec 2027 Term Muni Bond ETF has a 1-year low of $24.85 and a 1-year high of $25.51.

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.