Praetorian Wealth Management Inc. Acquires 35,420 Shares of iShares iBonds Dec 2029 Term Muni Bond ETF (NYSEARCA:IBMR)

Praetorian Wealth Management Inc. grew its holdings in shares of iShares iBonds Dec 2029 Term Muni Bond ETF (NYSEARCA:IBMR) by 29.9% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The fund owned 153,688 shares of the company’s stock after buying an additional 35,420 shares during the quarter. iShares iBonds Dec 2029 Term Muni Bond ETF accounts for about 0.9% of Praetorian Wealth Management Inc.’s investment portfolio, making the stock its 28th biggest position. Praetorian Wealth Management Inc. owned 3.99% of iShares iBonds Dec 2029 Term Muni Bond ETF worth $3,839,000 at the end of the most recent quarter.

Other hedge funds have also recently modified their holdings of the company. Leavell Investment Management Inc. bought a new position in shares of iShares iBonds Dec 2029 Term Muni Bond ETF during the third quarter valued at approximately $214,000. Buffington Mohr McNeal bought a new position in shares of iShares iBonds Dec 2029 Term Muni Bond ETF during the third quarter valued at approximately $255,000. Confluence Investment Management LLC grew its stake in shares of iShares iBonds Dec 2029 Term Muni Bond ETF by 4.2% during the third quarter. Confluence Investment Management LLC now owns 12,139 shares of the company’s stock valued at $309,000 after buying an additional 490 shares during the last quarter. Finally, Parallel Advisors LLC grew its stake in shares of iShares iBonds Dec 2029 Term Muni Bond ETF by 22.5% during the second quarter. Parallel Advisors LLC now owns 17,431 shares of the company’s stock valued at $433,000 after buying an additional 3,204 shares during the last quarter.

iShares iBonds Dec 2029 Term Muni Bond ETF Trading Down 0.4 %

Shares of IBMR traded down $0.09 during mid-day trading on Friday, reaching $24.90. 39,709 shares of the company’s stock traded hands, compared to its average volume of 75,990. The stock’s 50-day moving average is $25.09 and its two-hundred day moving average is $25.16. iShares iBonds Dec 2029 Term Muni Bond ETF has a 12 month low of $24.57 and a 12 month high of $25.56.

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.