Cambridge Investment Research Advisors Inc. Purchases Shares of 9,945 iShares iBonds Dec 2024 Term Muni Bond ETF (IBMM)

Cambridge Investment Research Advisors Inc. purchased a new stake in iShares iBonds Dec 2024 Term Muni Bond ETF (BATS:IBMM) during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 9,945 shares of the company’s stock, valued at approximately $249,000.

Separately, Sandy Spring Bank purchased a new stake in iShares iBonds Dec 2024 Term Muni Bond ETF in the second quarter valued at $152,000.

BATS:IBMM opened at $25.18 on Monday.

The firm also recently declared a monthly dividend, which was paid on Wednesday, November 7th. Shareholders of record on Friday, November 2nd were issued a $0.0407 dividend. This represents a $0.49 annualized dividend and a yield of 1.94%. This is a positive change from iShares iBonds Dec 2024 Term Muni Bond ETF’s previous monthly dividend of $0.04. The ex-dividend date was Thursday, November 1st.

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Further Reading: 52-Week High/Low

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