AMJ Financial Wealth Management Purchases 13,723 Shares of iShares 5-10 Year Investment Grade Corporate Bond ETF $IGIB

AMJ Financial Wealth Management lifted its position in shares of iShares 5-10 Year Investment Grade Corporate Bond ETF (NASDAQ:IGIBFree Report) by 8.1% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 183,935 shares of the company’s stock after purchasing an additional 13,723 shares during the quarter. iShares 5-10 Year Investment Grade Corporate Bond ETF accounts for 2.4% of AMJ Financial Wealth Management’s investment portfolio, making the stock its 15th largest holding. AMJ Financial Wealth Management owned 0.06% of iShares 5-10 Year Investment Grade Corporate Bond ETF worth $9,949,000 at the end of the most recent quarter.

Several other hedge funds have also bought and sold shares of the business. JARISLOWSKY FRASER Ltd raised its holdings in shares of iShares 5-10 Year Investment Grade Corporate Bond ETF by 61.2% in the 3rd quarter. JARISLOWSKY FRASER Ltd now owns 89,421 shares of the company’s stock worth $4,837,000 after acquiring an additional 33,946 shares during the last quarter. Arkadios Wealth Advisors increased its holdings in iShares 5-10 Year Investment Grade Corporate Bond ETF by 659.1% during the 3rd quarter. Arkadios Wealth Advisors now owns 67,771 shares of the company’s stock worth $3,666,000 after purchasing an additional 58,843 shares in the last quarter. Baird Financial Group Inc. raised its stake in shares of iShares 5-10 Year Investment Grade Corporate Bond ETF by 2.4% in the second quarter. Baird Financial Group Inc. now owns 514,085 shares of the company’s stock worth $27,396,000 after purchasing an additional 11,896 shares during the last quarter. North Dallas Bank & Trust Co. bought a new position in shares of iShares 5-10 Year Investment Grade Corporate Bond ETF in the second quarter valued at approximately $774,000. Finally, Klaas Financial Asset Advisors LLC boosted its position in shares of iShares 5-10 Year Investment Grade Corporate Bond ETF by 3.5% during the third quarter. Klaas Financial Asset Advisors LLC now owns 1,612,252 shares of the company’s stock valued at $87,207,000 after buying an additional 55,046 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 Trading Up 0.0%

Shares of iShares 5-10 Year Investment Grade Corporate Bond ETF stock opened at $54.37 on Friday. The stock has a fifty day simple moving average of $54.00 and a 200 day simple moving average of $53.97. 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 company also recently declared a monthly dividend, which was paid on Thursday, February 5th. Investors of record on Monday, February 2nd were given a dividend of $0.2094 per share. This represents a c) dividend on an annualized basis and a dividend yield of 4.6%. The ex-dividend date of this dividend was Monday, February 2nd.

About iShares 5-10 Year Investment Grade Corporate Bond ETF

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for iShares 5-10 Year Investment Grade Corporate Bond ETF (NASDAQ:IGIB)

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