6,200 Shares in iShares 5-10 Year Investment Grade Corporate Bond ETF (NASDAQ:IGIB) Purchased by Sanibel Captiva Trust Company Inc.

Sanibel Captiva Trust Company Inc. bought a new stake in iShares 5-10 Year Investment Grade Corporate Bond ETF (NASDAQ:IGIB) during the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm bought 6,200 shares of the company’s stock, valued at approximately $319,000.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. WestEnd Advisors LLC bought a new position in iShares 5-10 Year Investment Grade Corporate Bond ETF in the third quarter valued at approximately $25,000. Centennial Bank AR bought a new position in shares of iShares 5-10 Year Investment Grade Corporate Bond ETF in the 3rd quarter valued at $66,000. General Partner Inc. acquired a new position in shares of iShares 5-10 Year Investment Grade Corporate Bond ETF during the 4th quarter worth $86,000. S.A. Mason LLC bought a new stake in shares of iShares 5-10 Year Investment Grade Corporate Bond ETF during the 3rd quarter worth $92,000. Finally, Sunbelt Securities Inc. acquired a new stake in iShares 5-10 Year Investment Grade Corporate Bond ETF in the second quarter valued at about $154,000. 76.98% of the stock is currently owned by institutional investors and hedge funds.

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

iShares 5-10 Year Investment Grade Corporate Bond ETF stock opened at $51.50 on Monday. 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. The business’s 50-day moving average price is $51.87 and its two-hundred day moving average price is $52.45.

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. Investors of record on Wednesday, December 18th were given a dividend of $0.1996 per share. This is a boost from iShares 5-10 Year Investment Grade Corporate Bond ETF’s previous dividend of $0.19. The ex-dividend date was Wednesday, December 18th.

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.