Atlantic Union Bankshares Corp Makes New $1.29 Million Investment in iShares iBonds Dec 2027 Term Muni Bond ETF $IBMP

Atlantic Union Bankshares Corp bought a new stake in iShares iBonds Dec 2027 Term Muni Bond ETF (BATS:IBMP) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 50,995 shares of the company’s stock, valued at approximately $1,293,000. Atlantic Union Bankshares Corp owned about 0.23% of iShares iBonds Dec 2027 Term Muni Bond ETF as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Parallel Advisors LLC boosted its position in shares of iShares iBonds Dec 2027 Term Muni Bond ETF by 4.0% in the 2nd quarter. Parallel Advisors LLC now owns 30,076 shares of the company’s stock worth $762,000 after buying an additional 1,156 shares in the last quarter. Private Trust Co. NA lifted its holdings in shares of iShares iBonds Dec 2027 Term Muni Bond ETF by 19.6% in the second quarter. Private Trust Co. NA now owns 13,392 shares of the company’s stock valued at $339,000 after purchasing an additional 2,192 shares in the last quarter. Spinnaker Trust grew its position in shares of iShares iBonds Dec 2027 Term Muni Bond ETF by 4.7% in the second quarter. Spinnaker Trust now owns 58,700 shares of the company’s stock valued at $1,488,000 after purchasing an additional 2,650 shares during the last quarter. Gould Asset Management LLC CA increased its stake in shares of iShares iBonds Dec 2027 Term Muni Bond ETF by 15.4% during the 2nd quarter. Gould Asset Management LLC CA now owns 20,740 shares of the company’s stock worth $526,000 after purchasing an additional 2,775 shares in the last quarter. Finally, Leavell Investment Management Inc. raised its position in shares of iShares iBonds Dec 2027 Term Muni Bond ETF by 2.0% during the 2nd quarter. Leavell Investment Management Inc. now owns 178,143 shares of the company’s stock worth $4,516,000 after purchasing an additional 3,506 shares during the last quarter.

iShares iBonds Dec 2027 Term Muni Bond ETF Stock Down 0.6%

IBMP stock opened at $25.36 on Friday. The stock’s 50 day moving average price is $25.44 and its 200 day moving average price is $25.35. iShares iBonds Dec 2027 Term Muni Bond ETF has a 1 year low of $24.85 and a 1 year high of $25.51.

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.