Carroll Financial Associates Inc. purchased a new stake in shares of iShares Intermediate-Term Corporate Bond ETF (NYSEARCA:IGIB) during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 756 shares of the company’s stock, valued at approximately $41,000.

A number of other large investors also recently added to or reduced their stakes in the stock. Bank Hapoalim BM bought a new position in iShares Intermediate-Term Corporate Bond ETF in the 4th quarter valued at $63,000. Bank of New York Mellon Corp bought a new position in iShares Intermediate-Term Corporate Bond ETF in the 4th quarter valued at $13,478,000. Prime Capital Investment Advisors LLC bought a new position in iShares Intermediate-Term Corporate Bond ETF in the 4th quarter valued at $182,000. Aviance Capital Partners LLC bought a new position in iShares Intermediate-Term Corporate Bond ETF in the 4th quarter valued at $1,768,000. Finally, FTB Advisors Inc. bought a new position in iShares Intermediate-Term Corporate Bond ETF in the 4th quarter valued at $560,000.

Shares of iShares Intermediate-Term Corporate Bond ETF stock opened at $55.02 on Wednesday. iShares Intermediate-Term Corporate Bond ETF has a 52 week low of $51.96 and a 52 week high of $55.21.

The company also recently declared a monthly dividend, which was paid on Friday, April 5th. Stockholders of record on Tuesday, April 2nd were given a dividend of $0.1735 per share. This is an increase from iShares Intermediate-Term Corporate Bond ETF’s previous monthly dividend of $0.17. The ex-dividend date of this dividend was Monday, April 1st. This represents a $2.08 dividend on an annualized basis and a dividend yield of 3.78%.

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Further Reading: SEC Filing

Want to see what other hedge funds are holding IGIB? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Intermediate-Term Corporate Bond ETF (NYSEARCA:IGIB).

Institutional Ownership by Quarter for iShares Intermediate-Term Corporate Bond ETF (NYSEARCA:IGIB)

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