Integrated Wealth Concepts LLC Reduces Stock Holdings in iShares 5-10 Year Investment Grade Corporate Bond ETF (NASDAQ:IGIB)

Integrated Wealth Concepts LLC trimmed its holdings in shares of iShares 5-10 Year Investment Grade Corporate Bond ETF (NASDAQ:IGIB) by 3.5% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 9,461 shares of the company’s stock after selling 347 shares during the quarter. Integrated Wealth Concepts LLC’s holdings in iShares 5-10 Year Investment Grade Corporate Bond ETF were worth $508,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. City State Bank grew its stake in iShares 5-10 Year Investment Grade Corporate Bond ETF by 32.5% during the 3rd 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. Mittelman Wealth Management grew its stake in iShares 5-10 Year Investment Grade Corporate Bond ETF by 5.3% during the 2nd quarter. Mittelman Wealth Management now owns 188,175 shares of the company’s stock worth $9,646,000 after buying an additional 9,522 shares during the last quarter. Nations Financial Group Inc. IA ADV grew its stake in iShares 5-10 Year Investment Grade Corporate Bond ETF by 21.8% during the 3rd 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 stake in iShares 5-10 Year Investment Grade Corporate Bond ETF by 3.4% during the 3rd quarter. Haverford Trust Co now owns 1,134,321 shares of the company’s stock worth $60,936,000 after buying an additional 37,657 shares during the last quarter. Finally, Sunbelt Securities Inc. purchased a new position in iShares 5-10 Year Investment Grade Corporate Bond ETF during the 2nd quarter worth $154,000. 76.98% of the stock is currently owned by hedge funds and other institutional investors.

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

Shares of IGIB stock opened at $52.63 on Wednesday. The stock’s fifty day moving average price is $52.53 and its 200 day moving average price is $52.39. iShares 5-10 Year Investment Grade Corporate Bond ETF has a 1-year low of $49.90 and a 1-year high of $54.10.

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

The company also recently declared a dividend, which was paid on Thursday, December 5th. Shareholders of record on Monday, December 2nd were paid a dividend of $0.193 per share. The ex-dividend date of this dividend was Monday, December 2nd. This is an increase from iShares 5-10 Year Investment Grade Corporate Bond ETF’s previous dividend of $0.19.

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.