iShares 5-10 Year Investment Grade Corporate Bond ETF (NASDAQ:IGIB) Shares Purchased by Private Trust Co. NA

Private Trust Co. NA raised its holdings in shares of iShares 5-10 Year Investment Grade Corporate Bond ETF (NASDAQ:IGIB) by 185.2% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 7,322 shares of the company’s stock after purchasing an additional 4,755 shares during the period. Private Trust Co. NA’s holdings in iShares 5-10 Year Investment Grade Corporate Bond ETF were worth $393,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently modified their holdings of the business. Concentric Wealth Management LLC boosted its holdings in shares of iShares 5-10 Year Investment Grade Corporate Bond ETF by 4.0% in the 3rd quarter. Concentric Wealth Management LLC now owns 153,052 shares of the company’s stock valued at $8,222,000 after buying an additional 5,853 shares during the period. Haverford Trust Co lifted its holdings in iShares 5-10 Year Investment Grade Corporate Bond ETF by 3.4% in the third quarter. Haverford Trust Co now owns 1,134,321 shares of the company’s stock worth $60,936,000 after acquiring an additional 37,657 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% in the third 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 during the period. Leavell Investment Management Inc. bought a new position in shares of iShares 5-10 Year Investment Grade Corporate Bond ETF during the third quarter valued at approximately $267,000. Finally, Montecito Bank & Trust bought a new position in shares of iShares 5-10 Year Investment Grade Corporate Bond ETF during the third quarter valued at approximately $1,997,000. 76.98% of the stock is owned by institutional investors and hedge funds.

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

Shares of NASDAQ IGIB opened at $52.49 on Thursday. iShares 5-10 Year Investment Grade Corporate Bond ETF has a 12-month low of $49.87 and a 12-month high of $54.10. The stock’s 50 day simple moving average is $52.72 and its 200 day simple moving average is $52.29.

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

The business also recently announced a monthly dividend, which was paid on Wednesday, November 6th. Shareholders of record on Friday, November 1st were given a $0.1939 dividend. The ex-dividend date was Friday, November 1st. This is a positive change from iShares 5-10 Year Investment Grade Corporate Bond ETF’s previous monthly dividend of $0.19. This represents a $2.33 annualized dividend and a yield of 4.43%.

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.