PSI Advisors LLC Makes New $3.35 Million Investment in iShares iBonds Dec 2027 Term Muni Bond ETF $IBMP

PSI Advisors LLC purchased a new position in iShares iBonds Dec 2027 Term Muni Bond ETF (BATS:IBMP) during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 131,846 shares of the company’s stock, valued at approximately $3,348,000. iShares iBonds Dec 2027 Term Muni Bond ETF makes up 0.8% of PSI Advisors LLC’s portfolio, making the stock its 27th biggest holding. PSI Advisors LLC owned about 0.60% of iShares iBonds Dec 2027 Term Muni Bond ETF as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Princeton Global Asset Management LLC raised its holdings in iShares iBonds Dec 2027 Term Muni Bond ETF by 113.9% during the 4th quarter. Princeton Global Asset Management LLC now owns 8,450 shares of the company’s stock worth $215,000 after buying an additional 4,500 shares during the period. HORAN Wealth LLC acquired a new stake in iShares iBonds Dec 2027 Term Muni Bond ETF during the 3rd quarter worth about $218,000. PNC Financial Services Group Inc. raised its holdings in iShares iBonds Dec 2027 Term Muni Bond ETF by 100.3% during the 4th quarter. PNC Financial Services Group Inc. now owns 19,729 shares of the company’s stock worth $501,000 after buying an additional 9,880 shares during the period. 10Elms LLP raised its holdings in iShares iBonds Dec 2027 Term Muni Bond ETF by 3.0% during the 3rd quarter. 10Elms LLP now owns 21,994 shares of the company’s stock worth $560,000 after buying an additional 650 shares during the period. Finally, Curbstone Financial Management Corp raised its holdings in iShares iBonds Dec 2027 Term Muni Bond ETF by 38.8% during the 4th quarter. Curbstone Financial Management Corp now owns 30,060 shares of the company’s stock worth $763,000 after buying an additional 8,400 shares during the period.

iShares iBonds Dec 2027 Term Muni Bond ETF Stock Performance

BATS IBMP opened at $25.39 on Thursday. The stock’s 50-day moving average price is $25.39 and its two-hundred day moving average price is $25.42. iShares iBonds Dec 2027 Term Muni Bond ETF has a 1 year low of $25.05 and a 1 year high of $25.57.

iShares iBonds Dec 2027 Term Muni Bond ETF 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.