iShares iBonds Dec 2024 Term Muni Bond ETF (BATS:IBMM) Announces Dividend of $0.04

iShares iBonds Dec 2024 Term Muni Bond ETF (BATS:IBMM) declared a dividend on Thursday, March 28th, NASDAQ reports. Shareholders of record on Tuesday, April 2nd will be paid a dividend of 0.0409 per share on Friday, April 5th. The ex-dividend date of this dividend is Monday, April 1st. This is an increase from iShares iBonds Dec 2024 Term Muni Bond ETF’s previous dividend of $0.04.

iShares iBonds Dec 2024 Term Muni Bond ETF Stock Performance

Shares of IBMM remained flat at $25.95 during trading hours on Friday. The stock had a trading volume of 29,180 shares. The company’s 50 day moving average price is $25.95 and its 200 day moving average price is $25.85.

Hedge Funds Weigh In On iShares iBonds Dec 2024 Term Muni Bond ETF

Large investors have recently added to or reduced their stakes in the company. Colony Group LLC raised its holdings in iShares iBonds Dec 2024 Term Muni Bond ETF by 5.1% in the 2nd quarter. Colony Group LLC now owns 3,377,174 shares of the company’s stock valued at $86,996,000 after acquiring an additional 164,098 shares in the last quarter. Integrated Wealth Concepts LLC increased its holdings in iShares iBonds Dec 2024 Term Muni Bond ETF by 28.8% during the 2nd quarter. Integrated Wealth Concepts LLC now owns 192,051 shares of the company’s stock valued at $4,947,000 after purchasing an additional 42,891 shares in the last quarter. Stonebridge Capital Advisors LLC increased its holdings in iShares iBonds Dec 2024 Term Muni Bond ETF by 1.1% during the 4th quarter. Stonebridge Capital Advisors LLC now owns 128,541 shares of the company’s stock valued at $3,310,000 after purchasing an additional 1,366 shares in the last quarter. Captrust Financial Advisors increased its holdings in iShares iBonds Dec 2024 Term Muni Bond ETF by 60.5% during the 3rd quarter. Captrust Financial Advisors now owns 107,924 shares of the company’s stock valued at $2,753,000 after purchasing an additional 40,661 shares in the last quarter. Finally, Ameriprise Financial Inc. increased its holdings in iShares iBonds Dec 2024 Term Muni Bond ETF by 8.1% during the 3rd quarter. Ameriprise Financial Inc. now owns 72,202 shares of the company’s stock valued at $1,855,000 after purchasing an additional 5,397 shares in the last quarter.

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.