Praetorian Wealth Management Inc. Boosts Stake in iShares iBonds Dec 2029 Term Muni Bond ETF (NYSEARCA:IBMR)

Praetorian Wealth Management Inc. lifted its position in shares of iShares iBonds Dec 2029 Term Muni Bond ETF (NYSEARCA:IBMR) by 9.2% during the 1st quarter, HoldingsChannel reports. The fund owned 167,865 shares of the company’s stock after purchasing an additional 14,177 shares during the period. iShares iBonds Dec 2029 Term Muni Bond ETF accounts for 1.0% of Praetorian Wealth Management Inc.’s portfolio, making the stock its 26th biggest position. Praetorian Wealth Management Inc.’s holdings in iShares iBonds Dec 2029 Term Muni Bond ETF were worth $4,203,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Princeton Global Asset Management LLC purchased a new position in iShares iBonds Dec 2029 Term Muni Bond ETF in the 1st quarter valued at about $28,000. Lbmc Investment Advisors LLC lifted its stake in iShares iBonds Dec 2029 Term Muni Bond ETF by 67.0% in the 1st quarter. Lbmc Investment Advisors LLC now owns 112,413 shares of the company’s stock valued at $2,815,000 after buying an additional 45,084 shares in the last quarter. 10Elms LLP purchased a new position in iShares iBonds Dec 2029 Term Muni Bond ETF in the 4th quarter valued at about $405,000. Integrated Wealth Concepts LLC purchased a new position in iShares iBonds Dec 2029 Term Muni Bond ETF in the 4th quarter valued at about $987,000. Finally, United Capital Financial Advisors LLC purchased a new position in iShares iBonds Dec 2029 Term Muni Bond ETF in the 4th quarter valued at about $1,908,000.

iShares iBonds Dec 2029 Term Muni Bond ETF Price Performance

Shares of iShares iBonds Dec 2029 Term Muni Bond ETF stock opened at $25.09 on Friday. iShares iBonds Dec 2029 Term Muni Bond ETF has a twelve month low of $24.34 and a twelve month high of $25.52. The firm’s 50-day moving average price is $24.90 and its 200 day moving average price is $25.01.

iShares iBonds Dec 2029 Term Muni Bond ETF Profile

The iShares iBonds Dec 2029 Term Muni Bond ETF (IBMR) 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 2029.