OLD Mission Capital LLC Makes New $524,000 Investment in iShares 5-10 Year Investment Grade Corporate Bond ETF (NASDAQ:IGIB)

OLD Mission Capital LLC bought a new stake in shares of iShares 5-10 Year Investment Grade Corporate Bond ETF (NASDAQ:IGIB) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 10,164 shares of the company’s stock, valued at approximately $524,000.

Other institutional investors have also recently made changes to their positions in the company. SBI Securities Co. Ltd. purchased a new stake in iShares 5-10 Year Investment Grade Corporate Bond ETF during the fourth quarter valued at approximately $28,000. MassMutual Private Wealth & Trust FSB raised its holdings in iShares 5-10 Year Investment Grade Corporate Bond ETF by 205.3% during the 4th quarter. MassMutual Private Wealth & Trust FSB now owns 1,160 shares of the company’s stock valued at $60,000 after buying an additional 780 shares during the period. SouthState Corp bought a new stake in iShares 5-10 Year Investment Grade Corporate Bond ETF in the fourth quarter worth $63,000. General Partner Inc. purchased a new position in iShares 5-10 Year Investment Grade Corporate Bond ETF during the fourth quarter worth $86,000. Finally, Providence First Trust Co bought a new position in iShares 5-10 Year Investment Grade Corporate Bond ETF during the fourth quarter valued at $103,000. Institutional investors own 76.98% of the company’s stock.

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

Shares of IGIB opened at $52.52 on Friday. The company’s fifty day simple moving average is $52.17 and its 200-day simple moving average is $52.25. 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 Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Friday, April 4th. Shareholders of record on Tuesday, April 1st were paid a $0.2004 dividend. The ex-dividend date was Tuesday, April 1st. This represents a $2.41 annualized dividend and a yield of 4.58%. This is an increase from iShares 5-10 Year Investment Grade Corporate Bond ETF’s previous monthly 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.