iShares iBonds Dec 2027 Term Muni Bond ETF $IBMP Shares Sold by Janney Montgomery Scott LLC

Janney Montgomery Scott LLC cut its holdings in shares of iShares iBonds Dec 2027 Term Muni Bond ETF (BATS:IBMP) by 13.8% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 13,926 shares of the company’s stock after selling 2,229 shares during the period. Janney Montgomery Scott LLC owned approximately 0.06% of iShares iBonds Dec 2027 Term Muni Bond ETF worth $353,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in IBMP. Hughes Financial Services LLC acquired a new position in shares of iShares iBonds Dec 2027 Term Muni Bond ETF during the first quarter worth approximately $180,000. Cambridge Investment Research Advisors Inc. acquired a new position in shares of iShares iBonds Dec 2027 Term Muni Bond ETF during the first quarter worth approximately $236,000. Private Trust Co. NA boosted its position in shares of 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 worth $283,000 after buying an additional 2,960 shares during the period. MassMutual Private Wealth & Trust FSB acquired a new position in shares of iShares iBonds Dec 2027 Term Muni Bond ETF during the second quarter worth approximately $495,000. Finally, Parallel Advisors LLC boosted its position in shares of iShares iBonds Dec 2027 Term Muni Bond ETF by 4.0% during the second quarter. Parallel Advisors LLC now owns 30,076 shares of the company’s stock worth $762,000 after buying an additional 1,156 shares during the period.

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

Shares of BATS IBMP opened at $25.41 on Monday. The stock has a 50 day simple moving average of $25.47 and a 200-day simple moving average of $25.33. iShares iBonds Dec 2027 Term Muni Bond ETF has a 12-month low of $24.85 and a 12-month high of $25.51.

iShares iBonds Dec 2027 Term Muni Bond ETF Company Profile

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.