Asio Capital LLC Sells 104,065 Shares of iShares 5-10 Year Investment Grade Corporate Bond ETF (NASDAQ:IGIB)

Asio Capital LLC lowered its position in iShares 5-10 Year Investment Grade Corporate Bond ETF (NASDAQ:IGIB) by 47.4% during the fourth quarter, according to its most recent filing with the SEC. The firm owned 115,702 shares of the company’s stock after selling 104,065 shares during the period. iShares 5-10 Year Investment Grade Corporate Bond ETF accounts for approximately 1.1% of Asio Capital LLC’s portfolio, making the stock its 24th largest position. Asio Capital LLC’s holdings in iShares 5-10 Year Investment Grade Corporate Bond ETF were worth $5,960,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Sunbelt Securities Inc. acquired a new stake in shares of iShares 5-10 Year Investment Grade Corporate Bond ETF in the 2nd quarter valued at about $154,000. RiverFront Investment Group LLC purchased a new stake in shares of iShares 5-10 Year Investment Grade Corporate Bond ETF in the second quarter valued at about $877,000. Arkansas Financial Group Inc. boosted its holdings in iShares 5-10 Year Investment Grade Corporate Bond ETF by 1.4% during the third quarter. Arkansas Financial Group Inc. now owns 399,695 shares of the company’s stock worth $21,472,000 after purchasing an additional 5,582 shares during the last quarter. Tilia Fiduciary Partners Inc. grew its holdings in shares of iShares 5-10 Year Investment Grade Corporate Bond ETF by 13.2% in the third quarter. Tilia Fiduciary Partners Inc. now owns 15,753 shares of the company’s stock valued at $846,000 after acquiring an additional 1,843 shares in the last quarter. Finally, Burns Matteson Capital Management LLC purchased a new stake in shares of iShares 5-10 Year Investment Grade Corporate Bond ETF during the 3rd quarter valued at $825,000. 76.98% of the stock is owned by institutional investors.

iShares 5-10 Year Investment Grade Corporate Bond ETF Price Performance

NASDAQ IGIB opened at $51.61 on Friday. The company’s 50 day moving average is $51.83 and its 200-day moving average is $52.44. iShares 5-10 Year Investment Grade Corporate Bond ETF has a 12-month low of $49.90 and a 12-month high of $54.10.

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 dividend of $0.1996 per share. The ex-dividend date was Wednesday, December 18th. This is an increase from iShares 5-10 Year Investment Grade Corporate Bond ETF’s previous dividend of $0.19.

About iShares 5-10 Year Investment Grade Corporate Bond ETF

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.