iShares 5-10 Year Investment Grade Corporate Bond ETF (NASDAQ:IGIB) is Klaas Financial Asset Advisors LLC’s 2nd Largest Position

Klaas Financial Asset Advisors LLC grew its holdings in iShares 5-10 Year Investment Grade Corporate Bond ETF (NASDAQ:IGIB) by 0.6% in the 4th quarter, HoldingsChannel reports. The firm owned 1,513,256 shares of the company’s stock after buying an additional 9,126 shares during the quarter. iShares 5-10 Year Investment Grade Corporate Bond ETF comprises approximately 13.7% of Klaas Financial Asset Advisors LLC’s holdings, making the stock its 2nd largest holding. Klaas Financial Asset Advisors LLC’s holdings in iShares 5-10 Year Investment Grade Corporate Bond ETF were worth $77,948,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently modified their holdings of IGIB. Sunbelt Securities Inc. acquired a new position in iShares 5-10 Year Investment Grade Corporate Bond ETF during the 2nd quarter valued at approximately $154,000. RiverFront Investment Group LLC acquired a new position in iShares 5-10 Year Investment Grade Corporate Bond ETF during the second quarter valued at $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. grew its holdings in iShares 5-10 Year Investment Grade Corporate Bond ETF by 13.2% during the third quarter. Tilia Fiduciary Partners Inc. now owns 15,753 shares of the company’s stock worth $846,000 after acquiring an additional 1,843 shares during the period. Finally, Asio Capital LLC lifted its holdings in iShares 5-10 Year Investment Grade Corporate Bond ETF by 2.6% in the third quarter. Asio Capital LLC now owns 219,767 shares of the company’s stock valued at $11,806,000 after acquiring an additional 5,531 shares during the period. 76.98% of the stock is currently owned by institutional investors.

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

iShares 5-10 Year Investment Grade Corporate Bond ETF stock opened at $51.61 on Monday. The business has a 50 day simple moving average of $51.83 and a 200-day simple moving average of $52.45. 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.

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

The business also recently disclosed a dividend, which was paid on Monday, December 23rd. Shareholders of record on Wednesday, December 18th were paid a dividend of $0.1996 per share. The ex-dividend date of this dividend was Wednesday, December 18th. This is a positive change from iShares 5-10 Year Investment Grade Corporate Bond ETF’s previous dividend of $0.19.

About iShares 5-10 Year Investment Grade Corporate Bond ETF

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.