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

DMC Group LLC raised its stake in shares of iShares 5-10 Year Investment Grade Corporate Bond ETF (NASDAQ:IGIB) by 5.3% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 62,891 shares of the company’s stock after purchasing an additional 3,158 shares during the quarter. iShares 5-10 Year Investment Grade Corporate Bond ETF comprises 2.6% of DMC Group LLC’s holdings, making the stock its 5th biggest 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 filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also made changes to their positions in IGIB. Sunbelt Securities Inc. purchased a new stake in shares of iShares 5-10 Year Investment Grade Corporate Bond ETF in the 2nd quarter valued at $154,000. RiverFront Investment Group LLC purchased a new position in shares of iShares 5-10 Year Investment Grade Corporate Bond ETF during the 2nd quarter valued at about $877,000. Arkansas Financial Group Inc. lifted its holdings in shares of iShares 5-10 Year Investment Grade Corporate Bond ETF by 1.4% in the 3rd quarter. Arkansas Financial Group Inc. now owns 399,695 shares of the company’s stock valued at $21,472,000 after buying an additional 5,582 shares during the period. Tilia Fiduciary Partners Inc. boosted its stake in shares of iShares 5-10 Year Investment Grade Corporate Bond ETF by 13.2% in the third quarter. Tilia Fiduciary Partners Inc. now owns 15,753 shares of the company’s stock worth $846,000 after buying an additional 1,843 shares during the last quarter. Finally, Asio Capital LLC grew its holdings in iShares 5-10 Year Investment Grade Corporate Bond ETF by 2.6% during the third 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 period. Hedge funds and other institutional investors own 76.98% of the company’s stock.

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

Shares of NASDAQ:IGIB opened at $51.84 on Thursday. iShares 5-10 Year Investment Grade Corporate Bond ETF has a 12-month low of $49.90 and a 12-month high of $54.10. The business has a 50 day moving average of $51.83 and a two-hundred day moving average of $52.45.

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

The company also recently declared a dividend, which was paid on Monday, December 23rd. Investors of record on Wednesday, December 18th were issued a dividend of $0.1996 per share. The ex-dividend date of this dividend was Wednesday, December 18th. 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 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.