iShares 5-10 Year Investment Grade Corporate Bond ETF (NASDAQ:IGIB) Sets New 52-Week High at $53.72

iShares 5-10 Year Investment Grade Corporate Bond ETF (NASDAQ:IGIB) reached a new 52-week high during trading on Wednesday . The company traded as high as $53.72 and last traded at $53.71, with a volume of 523816 shares traded. The stock had previously closed at $53.66.

iShares 5-10 Year Investment Grade Corporate Bond ETF Trading Down 0.1 %

The company has a fifty day moving average price of $52.59 and a two-hundred day moving average price of $51.58.

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

The business also recently declared a dividend, which was paid on Friday, September 6th. Shareholders of record on Tuesday, September 3rd were paid a $0.192 dividend. The ex-dividend date was Tuesday, September 3rd.

Institutional Investors Weigh In On iShares 5-10 Year Investment Grade Corporate Bond ETF

Several large investors have recently made changes to their positions in the stock. One Capital Management LLC lifted its position in iShares 5-10 Year Investment Grade Corporate Bond ETF by 18.6% in the 2nd quarter. One Capital Management LLC now owns 3,956,402 shares of the company’s stock valued at $202,805,000 after acquiring an additional 619,092 shares in the last quarter. BNP Paribas Financial Markets lifted its holdings in shares of iShares 5-10 Year Investment Grade Corporate Bond ETF by 7,287.0% in the first quarter. BNP Paribas Financial Markets now owns 426,749 shares of the company’s stock valued at $22,020,000 after purchasing an additional 420,972 shares in the last quarter. Allstate Corp boosted its position in shares of iShares 5-10 Year Investment Grade Corporate Bond ETF by 7.3% during the fourth quarter. Allstate Corp now owns 5,476,431 shares of the company’s stock worth $284,774,000 after buying an additional 370,442 shares during the period. Toronto Dominion Bank bought a new position in shares of iShares 5-10 Year Investment Grade Corporate Bond ETF during the second quarter worth about $15,378,000. Finally, BNP Paribas bought a new position in shares of iShares 5-10 Year Investment Grade Corporate Bond ETF during the first quarter worth about $13,032,000. Institutional investors own 76.98% of the company’s stock.

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.