MassMutual Private Wealth & Trust FSB Takes $317,000 Position in iShares iBonds Dec 2029 Term Muni Bond ETF $IBMR

MassMutual Private Wealth & Trust FSB bought a new stake in iShares iBonds Dec 2029 Term Muni Bond ETF (NYSEARCA:IBMR) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 12,545 shares of the company’s stock, valued at approximately $317,000. MassMutual Private Wealth & Trust FSB owned 0.12% of iShares iBonds Dec 2029 Term Muni Bond ETF at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of IBMR. Princeton Global Asset Management LLC purchased a new position in iShares iBonds Dec 2029 Term Muni Bond ETF in the 1st quarter valued at $28,000. Cary Street Partners Financial LLC purchased a new position in iShares iBonds Dec 2029 Term Muni Bond ETF in the 1st quarter valued at $200,000. Parallel Advisors LLC grew its position in iShares iBonds Dec 2029 Term Muni Bond ETF by 6.0% in the 2nd quarter. Parallel Advisors LLC now owns 20,880 shares of the company’s stock valued at $527,000 after buying an additional 1,179 shares during the last quarter. Confluence Investment Management LLC grew its position in iShares iBonds Dec 2029 Term Muni Bond ETF by 544.1% in the 2nd quarter. Confluence Investment Management LLC now owns 79,369 shares of the company’s stock valued at $2,002,000 after buying an additional 67,047 shares during the last quarter. Finally, Lbmc Investment Advisors LLC grew its position 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 during the last quarter.

iShares iBonds Dec 2029 Term Muni Bond ETF Trading Down 0.2%

NYSEARCA:IBMR opened at $25.63 on Friday. The firm’s fifty day moving average price is $25.43 and its 200 day moving average price is $25.15. iShares iBonds Dec 2029 Term Muni Bond ETF has a 1-year low of $24.34 and a 1-year high of $25.75.

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.