City State Bank Purchases 2,660 Shares of iShares 5-10 Year Investment Grade Corporate Bond ETF (NASDAQ:IGIB)

City State Bank increased its position in shares of iShares 5-10 Year Investment Grade Corporate Bond ETF (NASDAQ:IGIB) by 3.4% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 82,015 shares of the company’s stock after buying an additional 2,660 shares during the period. iShares 5-10 Year Investment Grade Corporate Bond ETF accounts for 1.5% of City State Bank’s holdings, making the stock its 18th biggest holding. City State Bank’s holdings in iShares 5-10 Year Investment Grade Corporate Bond ETF were worth $4,225,000 at the end of the most recent reporting period.

A number of other hedge funds have also bought and sold shares of the company. One Capital Management LLC raised its stake in iShares 5-10 Year Investment Grade Corporate Bond ETF by 18.6% during the second quarter. One Capital Management LLC now owns 3,956,402 shares of the company’s stock worth $202,805,000 after buying an additional 619,092 shares during the last quarter. JPMorgan Chase & Co. grew its holdings in iShares 5-10 Year Investment Grade Corporate Bond ETF by 133.5% in the third quarter. JPMorgan Chase & Co. now owns 2,447,483 shares of the company’s stock worth $131,479,000 after purchasing an additional 1,399,131 shares during the period. Haverford Trust Co grew its holdings in iShares 5-10 Year Investment Grade Corporate Bond ETF by 3.4% in the third quarter. Haverford Trust Co now owns 1,134,321 shares of the company’s stock worth $60,936,000 after purchasing an additional 37,657 shares during the period. Greenwood Gearhart Inc. grew its holdings in iShares 5-10 Year Investment Grade Corporate Bond ETF by 6.2% in the third quarter. Greenwood Gearhart Inc. now owns 1,101,013 shares of the company’s stock worth $59,146,000 after purchasing an additional 63,989 shares during the period. Finally, TD Private Client Wealth LLC grew its holdings in iShares 5-10 Year Investment Grade Corporate Bond ETF by 12.8% in the third quarter. TD Private Client Wealth LLC now owns 808,098 shares of the company’s stock worth $43,411,000 after purchasing an additional 91,761 shares during the period. Institutional investors own 76.98% of the company’s stock.

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

NASDAQ:IGIB traded down $0.07 during trading hours on Monday, reaching $50.87. The company had a trading volume of 229,076 shares, compared to its average volume of 1,933,377. The business’s 50-day simple moving average is $51.97 and its two-hundred day simple moving average is $52.45. iShares 5-10 Year Investment Grade Corporate Bond ETF has a twelve month low of $49.90 and a twelve month high of $54.10.

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

The business also recently declared a dividend, which was paid on Monday, December 23rd. Shareholders of record on Wednesday, December 18th were issued a $0.1996 dividend. 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 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.