iShares 5-10 Year Investment Grade Corporate Bond ETF (NASDAQ:IGIB) Reaches New 52-Week High at $53.42

iShares 5-10 Year Investment Grade Corporate Bond ETF (NASDAQ:IGIB)’s stock price reached a new 52-week high during trading on Thursday . The stock traded as high as $53.42 and last traded at $53.39, with a volume of 1003873 shares traded. The stock had previously closed at $53.26.

iShares 5-10 Year Investment Grade Corporate Bond ETF Stock Up 0.0 %

The stock has a fifty day moving average price of $52.39 and a two-hundred day moving average price of $51.51.

iShares 5-10 Year Investment Grade Corporate Bond ETF Dividend Announcement

The company also recently announced a dividend, which was paid on Friday, September 6th. Shareholders of record on Tuesday, September 3rd were given a dividend of $0.192 per share. The ex-dividend date was Tuesday, September 3rd.

Hedge Funds Weigh In On iShares 5-10 Year Investment Grade Corporate Bond ETF

Hedge funds and other institutional investors have recently made changes to their positions in the stock. 1620 Investment Advisors Inc. purchased a new position in shares of iShares 5-10 Year Investment Grade Corporate Bond ETF during the 2nd quarter valued at $35,000. Vermillion & White Wealth Management Group LLC bought a new stake in iShares 5-10 Year Investment Grade Corporate Bond ETF during the 4th quarter valued at $36,000. Olistico Wealth LLC bought a new stake in iShares 5-10 Year Investment Grade Corporate Bond ETF during the 2nd quarter valued at $55,000. American National Bank purchased a new stake in shares of iShares 5-10 Year Investment Grade Corporate Bond ETF during the first quarter worth $90,000. Finally, Morton Brown Family Wealth LLC bought a new position in shares of iShares 5-10 Year Investment Grade Corporate Bond ETF in the second quarter worth $129,000. 76.98% of the stock is owned by hedge funds and other institutional investors.

iShares 5-10 Year Investment Grade Corporate Bond ETF Company Profile

The iShares 5-10 Year Investment Grade Corporate Bond ETF (IGIB) is an exchange-traded fund that is based on the ICE BofA US Corporate (5-10 Y) index. The fund tracks a market-value-weighted index of USD-denominated, investment grade corporate debt with maturities between 5-10 years. IGIB was launched on Jan 5, 2007 and is managed by BlackRock.