JPMorgan Chase & Co. Purchases 1,399,131 Shares of iShares 5-10 Year Investment Grade Corporate Bond ETF (NASDAQ:IGIB)

JPMorgan Chase & Co. grew its position in iShares 5-10 Year Investment Grade Corporate Bond ETF (NASDAQ:IGIB) by 133.5% during the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 2,447,483 shares of the company’s stock after purchasing an additional 1,399,131 shares during the quarter. JPMorgan Chase & Co. owned approximately 0.89% of iShares 5-10 Year Investment Grade Corporate Bond ETF worth $131,479,000 as of its most recent filing with the SEC.

Several other large investors also recently modified their holdings of IGIB. Vicus Capital boosted its position in iShares 5-10 Year Investment Grade Corporate Bond ETF by 3.1% during the third quarter. Vicus Capital now owns 12,705 shares of the company’s stock valued at $683,000 after acquiring an additional 387 shares during the last quarter. WestEnd Advisors LLC bought a new position in shares of iShares 5-10 Year Investment Grade Corporate Bond ETF in the 3rd quarter worth $25,000. Rebalance LLC grew its holdings in shares of iShares 5-10 Year Investment Grade Corporate Bond ETF by 0.6% during the third quarter. Rebalance LLC now owns 170,103 shares of the company’s stock valued at $9,138,000 after buying an additional 942 shares during the last quarter. Arkadios Wealth Advisors boosted its stake in iShares 5-10 Year Investment Grade Corporate Bond ETF by 12.0% during the 3rd quarter. Arkadios Wealth Advisors now owns 9,511 shares of the company’s stock valued at $511,000 after purchasing an additional 1,019 shares during the last quarter. Finally, Centennial Bank AR bought a new position in iShares 5-10 Year Investment Grade Corporate Bond ETF during the 3rd quarter valued at $66,000. 76.98% of the stock is currently owned by institutional investors and hedge funds.

iShares 5-10 Year Investment Grade Corporate Bond ETF Stock Down 0.2 %

Shares of iShares 5-10 Year Investment Grade Corporate Bond ETF stock opened at $51.51 on Thursday. The stock has a fifty day moving average price of $52.12 and a 200-day moving average price of $52.46. iShares 5-10 Year Investment Grade Corporate Bond ETF has a 1 year low of $49.90 and a 1 year high of $54.10.

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

The company also recently declared a dividend, which was paid on Monday, December 23rd. Shareholders of record on Wednesday, December 18th were issued a $0.1996 dividend. This is an increase from iShares 5-10 Year Investment Grade Corporate Bond ETF’s previous dividend of $0.19. The ex-dividend date was Wednesday, December 18th.

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.