Janney Montgomery Scott LLC Acquires 16,726 Shares of iShares 5-10 Year Investment Grade Corporate Bond ETF (NASDAQ:IGIB)

Janney Montgomery Scott LLC lifted its holdings in shares of iShares 5-10 Year Investment Grade Corporate Bond ETF (NASDAQ:IGIB) by 4.3% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 403,796 shares of the company’s stock after purchasing an additional 16,726 shares during the period. Janney Montgomery Scott LLC’s holdings in iShares 5-10 Year Investment Grade Corporate Bond ETF were worth $20,836,000 at the end of the most recent reporting period.

Other institutional investors also recently added to or reduced their stakes in the company. Vermillion & White Wealth Management Group LLC purchased a new stake in iShares 5-10 Year Investment Grade Corporate Bond ETF in the 4th quarter worth about $36,000. Kozak & Associates Inc. bought a new stake in shares of iShares 5-10 Year Investment Grade Corporate Bond ETF in the fourth quarter valued at approximately $67,000. American National Bank purchased a new stake in shares of iShares 5-10 Year Investment Grade Corporate Bond ETF during the 1st quarter valued at approximately $90,000. EverSource Wealth Advisors LLC boosted its holdings in iShares 5-10 Year Investment Grade Corporate Bond ETF by 472.3% in the 4th quarter. EverSource Wealth Advisors LLC now owns 3,531 shares of the company’s stock worth $184,000 after buying an additional 2,914 shares during the period. Finally, JARISLOWSKY FRASER Ltd purchased a new position in iShares 5-10 Year Investment Grade Corporate Bond ETF in the 4th quarter valued at approximately $212,000. Institutional investors own 76.98% of the company’s stock.

iShares 5-10 Year Investment Grade Corporate Bond ETF Trading Up 0.5 %

Shares of NASDAQ:IGIB traded up $0.27 during trading on Friday, hitting $51.61. 1,446,668 shares of the company were exchanged, compared to its average volume of 1,908,769. iShares 5-10 Year Investment Grade Corporate Bond ETF has a 52-week low of $47.27 and a 52-week high of $52.25. The stock has a 50 day moving average of $51.12 and a 200 day moving average of $51.22.

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

The business also recently announced a monthly dividend, which was paid on Friday, July 5th. Shareholders of record on Monday, July 1st were paid a $0.191 dividend. The ex-dividend date was Monday, July 1st. This represents a $2.29 annualized dividend and a yield of 4.44%.

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.