iShares 5-10 Year Investment Grade Corporate Bond ETF (NASDAQ:IGIB) Shares Purchased by NBC Securities Inc.

NBC Securities Inc. increased its position in shares of iShares 5-10 Year Investment Grade Corporate Bond ETF (NASDAQ:IGIB) by 116,100.0% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,324 shares of the company’s stock after acquiring an additional 2,322 shares during the period. NBC Securities Inc.’s holdings in iShares 5-10 Year Investment Grade Corporate Bond ETF were worth $122,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. SBI Securities Co. Ltd. acquired a new position in iShares 5-10 Year Investment Grade Corporate Bond ETF during the 4th quarter worth about $28,000. SouthState Corp acquired a new stake in iShares 5-10 Year Investment Grade Corporate Bond ETF in the 4th quarter valued at about $63,000. Providence First Trust Co acquired a new stake in iShares 5-10 Year Investment Grade Corporate Bond ETF in the 4th quarter valued at about $103,000. Parallel Advisors LLC raised its position in iShares 5-10 Year Investment Grade Corporate Bond ETF by 11.0% in the 1st quarter. Parallel Advisors LLC now owns 3,035 shares of the company’s stock valued at $159,000 after purchasing an additional 300 shares in the last quarter. Finally, Sunbelt Securities Inc. raised its position in iShares 5-10 Year Investment Grade Corporate Bond ETF by 25.0% in the 4th quarter. Sunbelt Securities Inc. now owns 3,750 shares of the company’s stock valued at $194,000 after purchasing an additional 750 shares in 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 Up 0.2%

IGIB stock opened at $52.19 on Tuesday. The business’s 50-day moving average is $51.99 and its two-hundred day moving average is $51.99. iShares 5-10 Year Investment Grade Corporate Bond ETF has a 1 year low of $50.52 and a 1 year high of $54.10.

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 5th. Shareholders of record on Monday, June 2nd were given a $0.2021 dividend. This represents a $2.42 dividend on an annualized basis and a yield of 4.65%. The ex-dividend date of this dividend was Monday, June 2nd.

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.