iShares iBonds Dec 2028 Term Muni Bond ETF (BATS:IBMQ) Declares Dividend of $0.05

iShares iBonds Dec 2028 Term Muni Bond ETF (BATS:IBMQ) announced a dividend on Thursday, March 28th, NASDAQ reports. Shareholders of record on Tuesday, April 2nd will be paid a dividend of 0.0473 per share on Friday, April 5th. The ex-dividend date is Monday, April 1st. This is a positive change from iShares iBonds Dec 2028 Term Muni Bond ETF’s previous dividend of $0.04.

iShares iBonds Dec 2028 Term Muni Bond ETF Stock Performance

BATS IBMQ traded down $0.06 during trading on Friday, hitting $25.27. The company’s stock had a trading volume of 138,618 shares. The firm’s fifty day moving average is $25.39 and its 200 day moving average is $25.10.

Institutional Investors Weigh In On iShares iBonds Dec 2028 Term Muni Bond ETF

Institutional investors have recently added to or reduced their stakes in the business. Colony Group LLC boosted its holdings in iShares iBonds Dec 2028 Term Muni Bond ETF by 275.0% in the second quarter. Colony Group LLC now owns 32,528 shares of the company’s stock worth $818,000 after acquiring an additional 23,853 shares in the last quarter. Cambridge Investment Research Advisors Inc. boosted its holdings in iShares iBonds Dec 2028 Term Muni Bond ETF by 32.8% in the first quarter. Cambridge Investment Research Advisors Inc. now owns 20,393 shares of the company’s stock worth $522,000 after acquiring an additional 5,038 shares in the last quarter. Finally, OLD Mission Capital LLC purchased a new position in shares of iShares iBonds Dec 2028 Term Muni Bond ETF in the fourth quarter worth about $261,000.

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.