Janney Montgomery Scott LLC Boosts Position in iShares iBonds Dec 2024 Term Muni Bond ETF (BATS:IBMM)

Janney Montgomery Scott LLC raised its stake in shares of iShares iBonds Dec 2024 Term Muni Bond ETF (BATS:IBMM – Get Rating) by 69.8% in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 16,204 shares of the company’s stock after buying an additional 6,659 shares during the quarter. Janney Montgomery Scott LLC’s holdings in iShares iBonds Dec 2024 Term Muni Bond ETF were worth $413,000 at the end of the most recent reporting period.

Other hedge funds have also added to or reduced their stakes in the company. Horan Securities Inc. purchased a new position in iShares iBonds Dec 2024 Term Muni Bond ETF during the 3rd quarter valued at about $33,000. Arrow Financial Corp purchased a new position in iShares iBonds Dec 2024 Term Muni Bond ETF during the 2nd quarter valued at about $202,000. NovaPoint Capital LLC purchased a new position in iShares iBonds Dec 2024 Term Muni Bond ETF during the 2nd quarter valued at about $261,000. Cambridge Investment Research Advisors Inc. purchased a new position in iShares iBonds Dec 2024 Term Muni Bond ETF during the 2nd quarter valued at about $266,000. Finally, Lbmc Investment Advisors LLC purchased a new position in iShares iBonds Dec 2024 Term Muni Bond ETF during the 3rd quarter valued at about $344,000.

iShares iBonds Dec 2024 Term Muni Bond ETF Stock Down 0.2 %

Shares of IBMM opened at $25.88 on Tuesday. The firm’s 50-day simple moving average is $25.80 and its 200-day simple moving average is $25.79.