Asset Dedication LLC Cuts Stake in iShares Trust (IBMI)
Asset Dedication LLC decreased its position in shares of iShares Trust (NYSEARCA:IBMI) by 7.5% in the 4th quarter, HoldingsChannel.com reports. The fund owned 88,456 shares of the company’s stock after selling 7,163 shares during the quarter. Asset Dedication LLC’s holdings in iShares Trust were worth $2,245,000 as of its most recent filing with the SEC.
Separately, Independence Advisors LLC bought a new position in iShares Trust in the 4th quarter worth about $252,000.
iShares Trust (NYSEARCA IBMI) opened at $25.38 on Wednesday. iShares Trust has a 12 month low of $25.21 and a 12 month high of $25.83.
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