Vicus Capital Has $631,000 Stock Position in iShares 5-10 Year Investment Grade Corporate Bond ETF (NASDAQ:IGIB)

Vicus Capital lowered its position in shares of iShares 5-10 Year Investment Grade Corporate Bond ETF (NASDAQ:IGIB) by 4.5% during the second quarter, Holdings Channel reports. The fund owned 12,318 shares of the company’s stock after selling 576 shares during the quarter. Vicus Capital’s holdings in iShares 5-10 Year Investment Grade Corporate Bond ETF were worth $631,000 at the end of the most recent quarter.

Several other hedge funds have also made changes to their positions in the company. Vermillion & White Wealth Management Group LLC purchased a new position in iShares 5-10 Year Investment Grade Corporate Bond ETF during the 4th quarter worth approximately $36,000. Olistico Wealth LLC acquired a new stake in shares of iShares 5-10 Year Investment Grade Corporate Bond ETF in the second quarter worth $55,000. American National Bank purchased a new position in shares of iShares 5-10 Year Investment Grade Corporate Bond ETF during the first quarter valued at $90,000. EverSource Wealth Advisors LLC raised its position in iShares 5-10 Year Investment Grade Corporate Bond ETF by 472.3% during the fourth quarter. EverSource Wealth Advisors LLC now owns 3,531 shares of the company’s stock valued at $184,000 after buying an additional 2,914 shares during the period. Finally, JARISLOWSKY FRASER Ltd purchased a new stake in iShares 5-10 Year Investment Grade Corporate Bond ETF in the 4th quarter worth about $212,000. 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 0.4 %

NASDAQ IGIB traded down $0.20 during trading on Thursday, reaching $53.03. 658,334 shares of the company’s stock were exchanged, compared to its average volume of 1,885,854. iShares 5-10 Year Investment Grade Corporate Bond ETF has a fifty-two week low of $47.27 and a fifty-two week high of $53.32. The company’s fifty day simple moving average is $51.98 and its 200-day simple moving average is $51.34.

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

The business also recently declared a monthly dividend, which was paid on Tuesday, August 6th. Investors of record on Thursday, August 1st were issued a dividend of $0.1929 per share. This is a boost from iShares 5-10 Year Investment Grade Corporate Bond ETF’s previous monthly dividend of $0.19. This represents a $2.31 annualized dividend and a dividend yield of 4.36%. The ex-dividend date of this dividend was Thursday, August 1st.

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.