Bartlett & CO. Wealth Management LLC Decreases Holdings in iShares 5-10 Year Investment Grade Corporate Bond ETF $IGIB

Bartlett & CO. Wealth Management LLC cut its holdings in shares of iShares 5-10 Year Investment Grade Corporate Bond ETF (NASDAQ:IGIB) by 21.0% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 94,854 shares of the company’s stock after selling 25,143 shares during the quarter. Bartlett & CO. Wealth Management LLC’s holdings in iShares 5-10 Year Investment Grade Corporate Bond ETF were worth $5,111,000 at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in IGIB. Beacon Capital Management Inc. purchased a new stake in shares of iShares 5-10 Year Investment Grade Corporate Bond ETF during the 3rd quarter valued at $26,000. Cornerstone Planning Group LLC purchased a new stake in shares of iShares 5-10 Year Investment Grade Corporate Bond ETF during the 3rd quarter valued at $49,000. MassMutual Private Wealth & Trust FSB increased its position 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 purchasing an additional 524 shares during the last quarter. Bessemer Group Inc. purchased a new stake in shares of iShares 5-10 Year Investment Grade Corporate Bond ETF during the 3rd quarter valued at $107,000. Finally, Root Financial Partners LLC purchased a new stake in iShares 5-10 Year Investment Grade Corporate Bond ETF in the 3rd quarter worth about $111,000. 76.98% of the stock is owned by hedge funds and other institutional investors.

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

Shares of IGIB opened at $53.33 on Friday. The business has a 50-day moving average of $53.68 and a 200 day moving average of $53.91. iShares 5-10 Year Investment Grade Corporate Bond ETF has a fifty-two week low of $50.52 and a fifty-two week high of $54.58.

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

The company also recently disclosed a monthly dividend, which was paid on Tuesday, April 7th. Investors of record on Wednesday, April 1st were issued a $0.2194 dividend. This is an increase from iShares 5-10 Year Investment Grade Corporate Bond ETF’s previous monthly dividend of $0.21. The ex-dividend date of this dividend was Wednesday, April 1st. This represents a c) annualized dividend and a yield of 4.9%.

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.