Arkadios Wealth Advisors Buys 58,843 Shares of iShares 5-10 Year Investment Grade Corporate Bond ETF $IGIB

Arkadios Wealth Advisors raised its stake in iShares 5-10 Year Investment Grade Corporate Bond ETF (NASDAQ:IGIB) by 659.1% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 67,771 shares of the company’s stock after acquiring an additional 58,843 shares during the period. Arkadios Wealth Advisors’ holdings in iShares 5-10 Year Investment Grade Corporate Bond ETF were worth $3,666,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Allstate Corp grew its stake in shares of iShares 5-10 Year Investment Grade Corporate Bond ETF by 44.2% in the third quarter. Allstate Corp now owns 3,632,500 shares of the company’s stock worth $196,482,000 after acquiring an additional 1,112,701 shares during the period. Archvest Wealth Advisors Inc. boosted its position in shares of iShares 5-10 Year Investment Grade Corporate Bond ETF by 3.2% during the 3rd quarter. Archvest Wealth Advisors Inc. now owns 32,060 shares of the company’s stock valued at $1,734,000 after acquiring an additional 998 shares during the last quarter. Florida Trust Wealth Management Co lifted its position in iShares 5-10 Year Investment Grade Corporate Bond ETF by 5.3% during the third quarter. Florida Trust Wealth Management Co now owns 8,005 shares of the company’s stock valued at $433,000 after purchasing an additional 405 shares during the last quarter. Meritage Portfolio Management grew its stake in shares of iShares 5-10 Year Investment Grade Corporate Bond ETF by 1.3% in the 3rd quarter. Meritage Portfolio Management now owns 69,318 shares of the company’s stock worth $3,749,000 after buying an additional 920 shares in the last quarter. Finally, TD Private Client Wealth LLC increased its holdings in shares of iShares 5-10 Year Investment Grade Corporate Bond ETF by 22.6% in the 3rd quarter. TD Private Client Wealth LLC now owns 1,776,456 shares of the company’s stock worth $96,089,000 after buying an additional 327,246 shares during the last quarter. Institutional investors own 76.98% of the company’s stock.

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

Shares of NASDAQ IGIB opened at $53.94 on Thursday. The firm’s 50-day moving average price is $53.98 and its 200-day moving average price is $53.81. iShares 5-10 Year Investment Grade Corporate Bond ETF has a 12-month low of $50.52 and a 12-month high of $54.56.

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

The business also recently disclosed a monthly dividend, which was paid on Wednesday, December 24th. Shareholders of record on Friday, December 19th were given a dividend of $0.2118 per share. The ex-dividend date was Friday, December 19th. This represents a c) dividend on an annualized basis and a yield of 4.7%.

iShares 5-10 Year Investment Grade Corporate Bond ETF Company 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.