iShares 5-10 Year Investment Grade Corporate Bond ETF Plans Dividend of $0.22 (NASDAQ:IGIB)

iShares 5-10 Year Investment Grade Corporate Bond ETF (NASDAQ:IGIB) declared a dividend on Thursday, April 30th, NASDAQ Dividends reports. Shareholders of record on Friday, May 1st will be paid a dividend of 0.2171 per share on Wednesday, May 6th. The ex-dividend date of this dividend is Friday, May 1st.

iShares 5-10 Year Investment Grade Corporate Bond ETF Stock Down 0.3%

Shares of NASDAQ:IGIB traded down $0.15 during trading on Friday, hitting $53.14. 554,378 shares of the company’s stock were exchanged, compared to its average volume of 3,251,417. iShares 5-10 Year Investment Grade Corporate Bond ETF has a 1-year low of $51.61 and a 1-year high of $54.58. The firm has a 50-day moving average price of $53.51 and a two-hundred day moving average price of $53.86.

Institutional Investors Weigh In On iShares 5-10 Year Investment Grade Corporate Bond ETF

Institutional investors have recently modified their holdings of the business. Rothschild Investment LLC acquired a new stake in shares of iShares 5-10 Year Investment Grade Corporate Bond ETF during the 4th quarter worth approximately $40,000. IFC & Insurance Marketing Inc. acquired a new position in iShares 5-10 Year Investment Grade Corporate Bond ETF during the fourth quarter valued at approximately $45,000. Cornerstone Planning Group LLC acquired a new position in iShares 5-10 Year Investment Grade Corporate Bond ETF during the third quarter valued at approximately $49,000. MassMutual Private Wealth & Trust FSB grew its holdings in iShares 5-10 Year Investment Grade Corporate Bond ETF by 137.9% during the fourth quarter. MassMutual Private Wealth & Trust FSB now owns 904 shares of the company’s stock valued at $49,000 after purchasing an additional 524 shares during the period. Finally, Birchwood Financial Partners Inc. acquired a new position in iShares 5-10 Year Investment Grade Corporate Bond ETF during the fourth quarter valued at approximately $54,000. Institutional investors and hedge funds own 76.98% of the company’s stock.

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.