Fisher Asset Management LLC Reduces Stock Holdings in iShares 5-10 Year Investment Grade Corporate Bond ETF $IGIB

Fisher Asset Management LLC cut its holdings in iShares 5-10 Year Investment Grade Corporate Bond ETF (NASDAQ:IGIB) by 24.2% during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 54,401 shares of the company’s stock after selling 17,340 shares during the period. Fisher Asset Management LLC’s holdings in iShares 5-10 Year Investment Grade Corporate Bond ETF were worth $2,943,000 as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. AMJ Financial Wealth Management lifted its holdings in shares of iShares 5-10 Year Investment Grade Corporate Bond ETF by 98.9% in the second quarter. AMJ Financial Wealth Management now owns 170,212 shares of the company’s stock valued at $9,071,000 after purchasing an additional 84,636 shares in the last quarter. JARISLOWSKY FRASER Ltd raised its position in shares of iShares 5-10 Year Investment Grade Corporate Bond ETF by 61.2% during the 3rd quarter. JARISLOWSKY FRASER Ltd now owns 89,421 shares of the company’s stock worth $4,837,000 after purchasing an additional 33,946 shares during the last quarter. Arkadios Wealth Advisors lifted its stake in iShares 5-10 Year Investment Grade Corporate Bond ETF by 659.1% in the 3rd quarter. Arkadios Wealth Advisors now owns 67,771 shares of the company’s stock valued at $3,666,000 after buying an additional 58,843 shares in the last quarter. Baird Financial Group Inc. lifted its stake in iShares 5-10 Year Investment Grade Corporate Bond ETF by 2.4% in the 2nd quarter. Baird Financial Group Inc. now owns 514,085 shares of the company’s stock valued at $27,396,000 after buying an additional 11,896 shares in the last quarter. Finally, North Dallas Bank & Trust Co. acquired a new stake in iShares 5-10 Year Investment Grade Corporate Bond ETF during the 2nd quarter valued at $774,000. 76.98% of the stock is owned by institutional investors and hedge funds.

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

NASDAQ IGIB opened at $53.91 on Friday. 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. The business has a fifty day moving average of $54.06 and a 200-day moving average of $54.02.

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

The company also recently announced a monthly dividend, which was paid on Thursday, March 5th. Investors of record on Monday, March 2nd were paid a $0.214 dividend. This represents a c) annualized dividend and a yield of 4.8%. The ex-dividend date of this dividend was Monday, March 2nd. This is a positive change from iShares 5-10 Year Investment Grade Corporate Bond ETF’s previous monthly dividend of $0.21.

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.