Praetorian Wealth Management Inc. Raises Stock Holdings in iShares iBonds Dec 2028 Term Muni Bond ETF (BATS:IBMQ)

Praetorian Wealth Management Inc. increased its position in iShares iBonds Dec 2028 Term Muni Bond ETF (BATS:IBMQ) by 6.7% in the 1st quarter, according to its most recent 13F filing with the SEC. The firm owned 235,656 shares of the company’s stock after buying an additional 14,807 shares during the period. iShares iBonds Dec 2028 Term Muni Bond ETF comprises approximately 1.6% of Praetorian Wealth Management Inc.’s holdings, making the stock its 18th largest position. Praetorian Wealth Management Inc. owned 3.25% of iShares iBonds Dec 2028 Term Muni Bond ETF worth $5,955,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in the business. Janney Montgomery Scott LLC purchased a new position in shares of iShares iBonds Dec 2028 Term Muni Bond ETF in the third quarter worth $230,000. Arrow Financial Corp bought a new position in shares of iShares iBonds Dec 2028 Term Muni Bond ETF during the 4th quarter valued at approximately $240,000. Confluence Investment Management LLC purchased a new position in shares of iShares iBonds Dec 2028 Term Muni Bond ETF in the first quarter valued at $308,000. Stonebridge Capital Advisors LLC lifted its position in iShares iBonds Dec 2028 Term Muni Bond ETF by 9.3% during the third quarter. Stonebridge Capital Advisors LLC now owns 20,890 shares of the company’s stock valued at $510,000 after purchasing an additional 1,775 shares during the last quarter. Finally, Sandy Spring Bank raised its position in shares of iShares iBonds Dec 2028 Term Muni Bond ETF by 4.7% during the 4th quarter. Sandy Spring Bank now owns 35,124 shares of the company’s stock valued at $899,000 after buying an additional 1,584 shares in the last quarter.

iShares iBonds Dec 2028 Term Muni Bond ETF Price Performance

BATS IBMQ traded down $0.02 during trading hours on Friday, hitting $25.01. 79,815 shares of the company were exchanged. The stock has a 50 day moving average price of $25.01 and a 200-day moving average price of $25.27.

iShares iBonds Dec 2028 Term Muni Bond ETF Increases Dividend

The business also recently announced a dividend, which was paid on Friday, June 7th. Stockholders of record on Monday, June 3rd were issued a dividend of $0.0507 per share. This is an increase from iShares iBonds Dec 2028 Term Muni Bond ETF’s previous dividend of $0.05. The ex-dividend date was Monday, June 3rd.

iShares iBonds Dec 2028 Term Muni Bond ETF Company Profile

The iShares iBonds Dec 2028 Term Muni Bond ETF (IBMQ) 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 2028. IBMQ was launched on Apr 16, 2019 and is managed by BlackRock.