Haverford Trust Co Buys 37,657 Shares of iShares 5-10 Year Investment Grade Corporate Bond ETF (NASDAQ:IGIB)

Haverford Trust Co lifted its stake in shares of iShares 5-10 Year Investment Grade Corporate Bond ETF (NASDAQ:IGIB) by 3.4% during the third quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 1,134,321 shares of the company’s stock after purchasing an additional 37,657 shares during the quarter. Haverford Trust Co’s holdings in iShares 5-10 Year Investment Grade Corporate Bond ETF were worth $60,936,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. One Capital Management LLC increased its stake 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 worth $202,805,000 after acquiring an additional 619,092 shares during the last quarter. Toronto Dominion Bank bought a new position in iShares 5-10 Year Investment Grade Corporate Bond ETF in the 2nd quarter worth about $15,378,000. Janney Montgomery Scott LLC increased its stake in iShares 5-10 Year Investment Grade Corporate Bond ETF by 35.2% in the 3rd quarter. Janney Montgomery Scott LLC now owns 586,741 shares of the company’s stock worth $31,520,000 after acquiring an additional 152,711 shares during the last quarter. Highline Wealth Partners LLC bought a new position in iShares 5-10 Year Investment Grade Corporate Bond ETF in the 3rd quarter worth about $4,815,000. Finally, Graypoint LLC increased its stake in iShares 5-10 Year Investment Grade Corporate Bond ETF by 17.8% in the 3rd quarter. Graypoint LLC now owns 485,651 shares of the company’s stock worth $26,089,000 after acquiring an additional 73,473 shares during the last quarter. 76.98% of the stock is currently owned by institutional investors.

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

Shares of NASDAQ IGIB opened at $51.98 on Wednesday. The stock’s 50-day simple moving average is $53.07 and its two-hundred day simple moving average is $52.18. iShares 5-10 Year Investment Grade Corporate Bond ETF has a twelve month low of $48.49 and a twelve month high of $54.10.

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

The company also recently disclosed a monthly dividend, which was paid on Wednesday, November 6th. Stockholders of record on Friday, November 1st were given a dividend of $0.1939 per share. 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 dividend yield of 4.48%.

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.