Rebalance LLC Buys 6,175 Shares of iShares 5-10 Year Investment Grade Corporate Bond ETF (NASDAQ:IGIB)

Rebalance LLC increased its position in iShares 5-10 Year Investment Grade Corporate Bond ETF (NASDAQ:IGIB) by 3.6% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 176,278 shares of the company’s stock after purchasing an additional 6,175 shares during the quarter. iShares 5-10 Year Investment Grade Corporate Bond ETF makes up about 0.7% of Rebalance LLC’s portfolio, making the stock its 15th biggest position. Rebalance LLC owned approximately 0.06% of iShares 5-10 Year Investment Grade Corporate Bond ETF worth $9,080,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of the company. JPMorgan Chase & Co. boosted its stake in shares of iShares 5-10 Year Investment Grade Corporate Bond ETF by 133.5% during the third quarter. JPMorgan Chase & Co. now owns 2,447,483 shares of the company’s stock valued at $131,479,000 after purchasing an additional 1,399,131 shares in the last quarter. Sumitomo Mitsui Trust Group Inc. boosted its position in iShares 5-10 Year Investment Grade Corporate Bond ETF by 30.2% during the 4th quarter. Sumitomo Mitsui Trust Group Inc. now owns 435,600 shares of the company’s stock valued at $22,438,000 after acquiring an additional 101,092 shares in the last quarter. Nations Financial Group Inc. IA ADV increased its holdings 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 valued at $379,000 after acquiring an additional 1,262 shares during the period. Haverford Trust Co raised its position 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 acquiring an additional 37,657 shares in the last quarter. Finally, One Capital Management LLC lifted its stake in shares of iShares 5-10 Year Investment Grade Corporate Bond ETF by 1.3% during the 4th quarter. One Capital Management LLC now owns 4,548,612 shares of the company’s stock worth $234,299,000 after purchasing an additional 57,363 shares during the last quarter. 76.98% of the stock is owned by institutional investors.

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

IGIB opened at $52.23 on Monday. The business’s 50-day moving average is $51.79 and its two-hundred day moving average is $52.40. iShares 5-10 Year Investment Grade Corporate Bond ETF has a 1 year low of $49.91 and a 1 year high of $54.10.

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

The company also recently disclosed a dividend, which was paid on Thursday, March 6th. Stockholders of record on Monday, March 3rd were given a $0.1981 dividend. The ex-dividend date was Monday, March 3rd. This is an increase from iShares 5-10 Year Investment Grade Corporate Bond ETF’s previous dividend of $0.20.

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.