IFP Advisors Inc Has $159,000 Holdings in iBonds Sep 2020 Term Muni Bond ETF (IBMI)

IFP Advisors Inc raised its stake in shares of iBonds Sep 2020 Term Muni Bond ETF (NYSEARCA:IBMI) by 55.2% in the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 6,279 shares of the company’s stock after acquiring an additional 2,234 shares during the quarter. IFP Advisors Inc owned approximately 0.05% of iBonds Sep 2020 Term Muni Bond ETF worth $159,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently modified their holdings of the business. US Bancorp DE lifted its holdings in shares of iBonds Sep 2020 Term Muni Bond ETF by 28.2% during the second quarter. US Bancorp DE now owns 641,044 shares of the company’s stock valued at $16,270,000 after acquiring an additional 140,982 shares during the period. Fusion Family Wealth LLC lifted its holdings in shares of iBonds Sep 2020 Term Muni Bond ETF by 71.7% during the second quarter. Fusion Family Wealth LLC now owns 201,979 shares of the company’s stock valued at $5,126,000 after acquiring an additional 84,345 shares during the period. Leavell Investment Management Inc. lifted its holdings in shares of iBonds Sep 2020 Term Muni Bond ETF by 20.0% during the third quarter. Leavell Investment Management Inc. now owns 140,997 shares of the company’s stock valued at $3,560,000 after acquiring an additional 23,500 shares during the period. Phillips Financial Management LLC lifted its holdings in shares of iBonds Sep 2020 Term Muni Bond ETF by 61.7% during the second quarter. Phillips Financial Management LLC now owns 103,665 shares of the company’s stock valued at $2,625,000 after acquiring an additional 39,538 shares during the period. Finally, Fieldpoint Private Securities LLC bought a new position in shares of iBonds Sep 2020 Term Muni Bond ETF during the second quarter valued at $1,650,000.

Shares of NYSEARCA IBMI opened at $25.24 on Friday. iBonds Sep 2020 Term Muni Bond ETF has a 52-week low of $25.17 and a 52-week high of $25.59.

The business also recently disclosed a monthly dividend, which was paid on Wednesday, November 7th. Shareholders of record on Friday, November 2nd were issued a dividend of $0.0278 per share. The ex-dividend date was Thursday, November 1st. This is a boost from iBonds Sep 2020 Term Muni Bond ETF’s previous monthly dividend of $0.03. This represents a $0.33 dividend on an annualized basis and a dividend yield of 1.32%.

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Institutional Ownership by Quarter for iBonds Sep 2020 Term Muni Bond ETF (NYSEARCA:IBMI)

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