Hills Bank & Trust Co Increases Stock Holdings in iShares iBonds Dec 2024 Term Muni Bond ETF (BATS:IBMM)

Hills Bank & Trust Co lifted its stake in shares of iShares iBonds Dec 2024 Term Muni Bond ETF (BATS:IBMM) by 13.3% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 44,018 shares of the company’s stock after buying an additional 5,154 shares during the quarter. Hills Bank & Trust Co owned about 0.20% of iShares iBonds Dec 2024 Term Muni Bond ETF worth $1,141,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently modified their holdings of IBMM. Eldridge Investment Advisors Inc. increased its position in shares of iShares iBonds Dec 2024 Term Muni Bond ETF by 85.3% during the fourth quarter. Eldridge Investment Advisors Inc. now owns 36,935 shares of the company’s stock worth $958,000 after purchasing an additional 17,000 shares in the last quarter. RVW Wealth LLC purchased a new position in shares of iShares iBonds Dec 2024 Term Muni Bond ETF during the fourth quarter worth approximately $302,000. Gould Asset Management LLC CA increased its holdings in shares of iShares iBonds Dec 2024 Term Muni Bond ETF by 92.7% in the 4th quarter. Gould Asset Management LLC CA now owns 16,690 shares of the company’s stock valued at $433,000 after acquiring an additional 8,030 shares during the period. Cary Street Partners Investment Advisory LLC acquired a new stake in iShares iBonds Dec 2024 Term Muni Bond ETF during the 3rd quarter worth $205,000. Finally, Prime Capital Investment Advisors LLC increased its stake in iShares iBonds Dec 2024 Term Muni Bond ETF by 56.7% in the third quarter. Prime Capital Investment Advisors LLC now owns 17,169 shares of the company’s stock valued at $441,000 after purchasing an additional 6,213 shares during the period.

iShares iBonds Dec 2024 Term Muni Bond ETF Stock Performance

Shares of BATS:IBMM traded up $0.02 on Thursday, reaching $25.98. The company’s stock had a trading volume of 33,778 shares. The business has a 50-day moving average price of $25.95 and a 200-day moving average price of $25.90.

iShares iBonds Dec 2024 Term Muni Bond ETF Increases Dividend

The business also recently announced a dividend, which was paid on Friday, April 5th. Stockholders of record on Tuesday, April 2nd were issued a $0.0409 dividend. The ex-dividend date was Monday, April 1st. This is a positive change from iShares iBonds Dec 2024 Term Muni Bond ETF’s previous dividend of $0.04.

iShares iBonds Dec 2024 Term Muni Bond ETF Profile

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.