Western Wealth Management LLC Increases Stock Holdings in iShares 5-10 Year Investment Grade Corporate Bond ETF $IGIB

Western Wealth Management LLC lifted its stake in shares of iShares 5-10 Year Investment Grade Corporate Bond ETF (NASDAQ:IGIB) by 289.3% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 26,505 shares of the company’s stock after buying an additional 19,696 shares during the quarter. Western Wealth Management LLC’s holdings in iShares 5-10 Year Investment Grade Corporate Bond ETF were worth $1,428,000 as of its most recent filing with the SEC.

Several other hedge funds have also modified their holdings of the stock. General Partner Inc. raised its holdings in shares of iShares 5-10 Year Investment Grade Corporate Bond ETF by 17.3% during the 4th quarter. General Partner Inc. now owns 2,165 shares of the company’s stock valued at $117,000 after buying an additional 320 shares during the period. Equitable Trust Co. raised its holdings in shares of iShares 5-10 Year Investment Grade Corporate Bond ETF by 9.0% during the 4th quarter. Equitable Trust Co. now owns 4,823 shares of the company’s stock valued at $260,000 after buying an additional 398 shares during the period. Florida Trust Wealth Management Co raised its holdings in shares of iShares 5-10 Year Investment Grade Corporate Bond ETF by 5.3% during the 3rd quarter. Florida Trust Wealth Management Co now owns 8,005 shares of the company’s stock valued at $433,000 after buying an additional 405 shares during the period. MassMutual Private Wealth & Trust FSB raised its holdings in shares of iShares 5-10 Year Investment Grade Corporate Bond ETF by 137.9% during the 4th quarter. MassMutual Private Wealth & Trust FSB now owns 904 shares of the company’s stock valued at $49,000 after buying an additional 524 shares during the period. Finally, Boyd Watterson Asset Management LLC OH raised its holdings in shares of iShares 5-10 Year Investment Grade Corporate Bond ETF by 6.5% during the 3rd quarter. Boyd Watterson Asset Management LLC OH now owns 12,725 shares of the company’s stock valued at $688,000 after buying an additional 776 shares during the period. 76.98% of the stock is currently owned by hedge funds and other institutional investors.

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

Shares of NASDAQ:IGIB opened at $53.03 on Friday. iShares 5-10 Year Investment Grade Corporate Bond ETF has a one year low of $51.61 and a one year high of $54.58. The business’s 50-day simple moving average is $53.32 and its 200 day simple moving average is $53.78.

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

The firm also recently announced a monthly dividend, which was paid on Wednesday, May 6th. Shareholders of record on Friday, May 1st were given a $0.2171 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 4.9%. The ex-dividend date of this dividend was Friday, May 1st.

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.