General Partner Inc. Purchases New Position in iShares 5-10 Year Investment Grade Corporate Bond ETF (NASDAQ:IGIB)

General Partner Inc. acquired a new stake in iShares 5-10 Year Investment Grade Corporate Bond ETF (NASDAQ:IGIB) in the fourth quarter, according to its most recent filing with the SEC. The fund acquired 1,660 shares of the company’s stock, valued at approximately $86,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Vicus Capital boosted its position in shares of iShares 5-10 Year Investment Grade Corporate Bond ETF by 3.1% during the 3rd quarter. Vicus Capital now owns 12,705 shares of the company’s stock valued at $683,000 after acquiring an additional 387 shares during the last quarter. WestEnd Advisors LLC purchased a new stake in iShares 5-10 Year Investment Grade Corporate Bond ETF in the third quarter valued at approximately $25,000. Rebalance LLC lifted its position in iShares 5-10 Year Investment Grade Corporate Bond ETF by 0.6% during the third quarter. Rebalance LLC now owns 170,103 shares of the company’s stock valued at $9,138,000 after purchasing an additional 942 shares during the last quarter. Arkadios Wealth Advisors grew its stake in iShares 5-10 Year Investment Grade Corporate Bond ETF by 12.0% in the 3rd quarter. Arkadios Wealth Advisors now owns 9,511 shares of the company’s stock worth $511,000 after buying an additional 1,019 shares in the last quarter. Finally, Centennial Bank AR bought a new position in shares of iShares 5-10 Year Investment Grade Corporate Bond ETF in the 3rd quarter worth $66,000. Institutional investors own 76.98% of the company’s stock.

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

Shares of iShares 5-10 Year Investment Grade Corporate Bond ETF stock traded up $0.01 on Friday, hitting $51.54. 285,593 shares of the company traded hands, compared to its average volume of 1,101,807. 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 firm’s 50-day simple moving average is $52.10 and its 200 day simple moving average is $52.45.

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

The company also recently declared 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.

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.