iShares 5-10 Year Investment Grade Corporate Bond ETF (NASDAQ:IGIB) Shares Sold by Graypoint LLC

Graypoint LLC lowered its position in shares of iShares 5-10 Year Investment Grade Corporate Bond ETF (NASDAQ:IGIB) by 4.7% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 462,849 shares of the company’s stock after selling 22,802 shares during the period. iShares 5-10 Year Investment Grade Corporate Bond ETF makes up approximately 1.4% of Graypoint LLC’s portfolio, making the stock its 16th largest position. Graypoint LLC owned about 0.16% of iShares 5-10 Year Investment Grade Corporate Bond ETF worth $23,841,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in IGIB. JPMorgan Chase & Co. lifted its stake in iShares 5-10 Year Investment Grade Corporate Bond ETF by 133.5% during the third quarter. JPMorgan Chase & Co. now owns 2,447,483 shares of the company’s stock worth $131,479,000 after purchasing an additional 1,399,131 shares in the last quarter. City State Bank lifted its stake in iShares 5-10 Year Investment Grade Corporate Bond ETF by 32.5% during the 3rd quarter. City State Bank now owns 79,355 shares of the company’s stock worth $4,263,000 after acquiring an additional 19,475 shares in the last quarter. Mittelman Wealth Management boosted its holdings in iShares 5-10 Year Investment Grade Corporate Bond ETF by 5.3% during the 2nd quarter. Mittelman Wealth Management now owns 188,175 shares of the company’s stock valued at $9,646,000 after acquiring an additional 9,522 shares during the period. Nations Financial Group Inc. IA ADV grew its position in iShares 5-10 Year Investment Grade Corporate Bond ETF by 21.8% in the 3rd quarter. Nations Financial Group Inc. IA ADV now owns 7,061 shares of the company’s stock valued at $379,000 after acquiring an additional 1,262 shares in the last quarter. Finally, Haverford Trust Co increased its stake in iShares 5-10 Year Investment Grade Corporate Bond ETF by 3.4% during the third quarter. Haverford Trust Co now owns 1,134,321 shares of the company’s stock worth $60,936,000 after purchasing an additional 37,657 shares during the period. Hedge funds and other institutional investors own 76.98% of the company’s stock.

iShares 5-10 Year Investment Grade Corporate Bond ETF Trading Down 0.6 %

Shares of IGIB stock traded down $0.33 during trading on Friday, reaching $50.94. The company’s stock had a trading volume of 2,493,764 shares, compared to its average volume of 2,222,377. iShares 5-10 Year Investment Grade Corporate Bond ETF has a 1-year low of $49.90 and a 1-year high of $54.10. The stock’s 50-day moving average price is $51.99 and its 200 day moving average price is $52.44.

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

The firm also recently declared a dividend, which was paid on Monday, December 23rd. Shareholders of record on Wednesday, December 18th were paid a $0.1996 dividend. The ex-dividend date of this dividend was Wednesday, December 18th. This is a boost from iShares 5-10 Year Investment Grade Corporate Bond ETF’s previous dividend of $0.19.

iShares 5-10 Year Investment Grade Corporate Bond ETF 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.