Park Place Capital Corp Raises Stake in iShares 5-10 Year Investment Grade Corporate Bond ETF (NASDAQ:IGIB)

Park Place Capital Corp lifted its position in shares of iShares 5-10 Year Investment Grade Corporate Bond ETF (NASDAQ:IGIB) by 0.7% during the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 56,028 shares of the company’s stock after buying an additional 370 shares during the quarter. iShares 5-10 Year Investment Grade Corporate Bond ETF comprises 1.0% of Park Place Capital Corp’s holdings, making the stock its 21st biggest position. Park Place Capital Corp’s holdings in iShares 5-10 Year Investment Grade Corporate Bond ETF were worth $2,891,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Vicus Capital boosted its position in shares of iShares 5-10 Year Investment Grade Corporate Bond ETF by 3.5% in the first quarter. Vicus Capital now owns 12,894 shares of the company’s stock worth $665,000 after acquiring an additional 434 shares during the last quarter. Massmutual Trust Co. FSB ADV grew its position in iShares 5-10 Year Investment Grade Corporate Bond ETF by 3.5% during the first quarter. Massmutual Trust Co. FSB ADV now owns 12,945 shares of the company’s stock valued at $668,000 after acquiring an additional 442 shares during the period. Vermillion & White Wealth Management Group LLC purchased a new stake in shares of iShares 5-10 Year Investment Grade Corporate Bond ETF during the 4th quarter worth about $36,000. Kozak & Associates Inc. acquired a new stake in iShares 5-10 Year Investment Grade Corporate Bond ETF during the 4th quarter worth approximately $67,000. Finally, Transcend Capital Advisors LLC raised its holdings in iShares 5-10 Year Investment Grade Corporate Bond ETF by 20.8% in the fourth quarter. Transcend Capital Advisors LLC now owns 10,079 shares of the company’s stock valued at $524,000 after buying an additional 1,737 shares during the period. 76.98% of the stock is owned by hedge funds and other institutional investors.

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

Shares of NASDAQ:IGIB traded down $0.22 during midday trading on Monday, hitting $50.85. 5,625,718 shares of the company’s stock traded hands, compared to its average volume of 1,920,723. The firm’s fifty day moving average price is $51.03 and its two-hundred day moving average price is $51.22. iShares 5-10 Year Investment Grade Corporate Bond ETF has a twelve month low of $47.27 and a twelve month high of $52.25.

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

The business also recently disclosed a dividend, which will be paid on Friday, July 5th. Shareholders of record on Monday, July 1st will be given a $0.191 dividend. The ex-dividend date is Monday, July 1st.

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.