iShares 5-10 Year Investment Grade Corporate Bond ETF (NASDAQ:IGIB) Holdings Boosted by DMC Group LLC

DMC Group LLC lifted its stake in shares of iShares 5-10 Year Investment Grade Corporate Bond ETF (NASDAQ:IGIB) by 5.3% in the fourth quarter, Holdings Channel reports. The firm owned 62,891 shares of the company’s stock after buying an additional 3,158 shares during the period. iShares 5-10 Year Investment Grade Corporate Bond ETF accounts for about 2.6% of DMC Group LLC’s investment portfolio, making the stock its 5th largest position. DMC Group LLC’s holdings in iShares 5-10 Year Investment Grade Corporate Bond ETF were worth $3,240,000 as of its most recent SEC filing.

Other hedge funds have also recently modified their holdings of the company. JPMorgan Chase & Co. grew its holdings in shares of 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 buying an additional 1,399,131 shares in the last quarter. City State Bank boosted its stake in iShares 5-10 Year Investment Grade Corporate Bond ETF by 32.5% during the third quarter. City State Bank now owns 79,355 shares of the company’s stock worth $4,263,000 after buying an additional 19,475 shares during the last quarter. Nations Financial Group Inc. IA ADV boosted its stake in iShares 5-10 Year Investment Grade Corporate Bond ETF by 21.8% during the third quarter. Nations Financial Group Inc. IA ADV now owns 7,061 shares of the company’s stock worth $379,000 after buying an additional 1,262 shares during the last quarter. Haverford Trust Co grew its holdings in iShares 5-10 Year Investment Grade Corporate Bond ETF by 3.4% in the 3rd quarter. Haverford Trust Co now owns 1,134,321 shares of the company’s stock valued at $60,936,000 after buying an additional 37,657 shares in the last quarter. Finally, Asio Capital LLC increased its stake in shares of iShares 5-10 Year Investment Grade Corporate Bond ETF by 2.6% in the 3rd quarter. Asio Capital LLC now owns 219,767 shares of the company’s stock worth $11,806,000 after acquiring an additional 5,531 shares during the last quarter. Institutional investors and hedge funds own 76.98% of the company’s stock.

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

Shares of IGIB stock opened at $51.84 on Thursday. iShares 5-10 Year Investment Grade Corporate Bond ETF has a twelve month low of $49.90 and a twelve month high of $54.10. The company’s 50-day moving average price is $51.83 and its 200-day moving average price is $52.45.

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

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

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.