16,025 Shares in iShares 5-10 Year Investment Grade Corporate Bond ETF $IGIB Purchased by North Dallas Bank & Trust Co.

North Dallas Bank & Trust Co. purchased a new position in shares of iShares 5-10 Year Investment Grade Corporate Bond ETF (NASDAQ:IGIB) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 16,025 shares of the company’s stock, valued at approximately $863,000.

Other hedge funds have also recently modified their holdings of the company. TD Private Client Wealth LLC raised its position in shares of iShares 5-10 Year Investment Grade Corporate Bond ETF by 16.7% during the 4th quarter. TD Private Client Wealth LLC now owns 2,073,892 shares of the company’s stock worth $111,741,000 after purchasing an additional 297,436 shares during the last quarter. Madison Asset Management LLC raised its position in shares of iShares 5-10 Year Investment Grade Corporate Bond ETF by 5.3% during the 3rd quarter. Madison Asset Management LLC now owns 309,483 shares of the company’s stock worth $16,740,000 after purchasing an additional 15,441 shares during the last quarter. Syon Capital LLC raised its position in shares of iShares 5-10 Year Investment Grade Corporate Bond ETF by 34.1% during the 3rd quarter. Syon Capital LLC now owns 512,640 shares of the company’s stock worth $27,729,000 after purchasing an additional 130,500 shares during the last quarter. Burns Matteson Capital Management LLC raised its position in shares of iShares 5-10 Year Investment Grade Corporate Bond ETF by 60.6% during the 4th quarter. Burns Matteson Capital Management LLC now owns 167,275 shares of the company’s stock worth $9,013,000 after purchasing an additional 63,135 shares during the last quarter. Finally, Western Wealth Management LLC raised its position in shares of iShares 5-10 Year Investment Grade Corporate Bond ETF by 289.3% during the 4th quarter. Western Wealth Management LLC now owns 26,505 shares of the company’s stock worth $1,428,000 after purchasing an additional 19,696 shares during the last quarter. Institutional investors and hedge funds own 76.98% of the company’s stock.

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

IGIB opened at $52.80 on Wednesday. iShares 5-10 Year Investment Grade Corporate Bond ETF has a twelve month low of $52.20 and a twelve month high of $54.58. The company has a 50-day moving average price of $53.16 and a 200 day moving average price of $53.65.

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

The business also recently declared a monthly dividend, which was paid on Thursday, June 4th. Investors of record on Monday, June 1st were given a dividend of $0.2162 per share. This represents a c) annualized dividend and a dividend yield of 4.9%. The ex-dividend date was Monday, June 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.