Crestwood Advisors Group LLC Sells 911 Shares of iShares 5-10 Year Investment Grade Corporate Bond ETF (NASDAQ:IGIB)

Crestwood Advisors Group LLC lowered its position in iShares 5-10 Year Investment Grade Corporate Bond ETF (NASDAQ:IGIB) by 15.7% in the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 4,910 shares of the company’s stock after selling 911 shares during the period. Crestwood Advisors Group LLC’s holdings in iShares 5-10 Year Investment Grade Corporate Bond ETF were worth $253,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in IGIB. JPMorgan Chase & Co. grew its stake in shares of iShares 5-10 Year Investment Grade Corporate Bond ETF by 133.5% in the 3rd quarter. JPMorgan Chase & Co. now owns 2,447,483 shares of the company’s stock worth $131,479,000 after buying an additional 1,399,131 shares during the last quarter. Sumitomo Mitsui Trust Group Inc. grew its stake in shares of iShares 5-10 Year Investment Grade Corporate Bond ETF by 30.2% in the 4th quarter. Sumitomo Mitsui Trust Group Inc. now owns 435,600 shares of the company’s stock worth $22,438,000 after buying an additional 101,092 shares during the last quarter. Nations Financial Group Inc. IA ADV grew its stake in shares of iShares 5-10 Year Investment Grade Corporate Bond ETF by 21.8% in the 3rd quarter. Nations Financial Group Inc. IA ADV now owns 7,061 shares of the company’s stock worth $379,000 after buying an additional 1,262 shares during the last quarter. Haverford Trust Co grew its stake in shares of iShares 5-10 Year Investment Grade Corporate Bond ETF by 3.4% in the 3rd quarter. Haverford Trust Co now owns 1,134,321 shares of the company’s stock worth $60,936,000 after buying an additional 37,657 shares during the last quarter. Finally, Leavell Investment Management Inc. purchased a new stake in shares of iShares 5-10 Year Investment Grade Corporate Bond ETF in the 3rd quarter worth approximately $267,000. Institutional investors own 76.98% of the company’s stock.

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

iShares 5-10 Year Investment Grade Corporate Bond ETF stock opened at $52.60 on Thursday. The stock’s 50 day moving average is $51.65 and its 200 day moving average is $52.42. iShares 5-10 Year Investment Grade Corporate Bond ETF has a twelve month low of $49.91 and a twelve month high of $54.10.

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

The firm also recently announced a dividend, which was paid on Thursday, February 6th. Shareholders of record on Monday, February 3rd were paid a dividend of $0.198 per share. The ex-dividend date was Monday, February 3rd.

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.