One Capital Management LLC Purchases 284,959 Shares of iShares 5-10 Year Investment Grade Corporate Bond ETF $IGIB

One Capital Management LLC boosted its position in iShares 5-10 Year Investment Grade Corporate Bond ETF (NASDAQ:IGIB) by 5.7% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 5,293,249 shares of the company’s stock after buying an additional 284,959 shares during the quarter. iShares 5-10 Year Investment Grade Corporate Bond ETF makes up about 8.6% of One Capital Management LLC’s portfolio, making the stock its biggest position. One Capital Management LLC owned about 1.60% of iShares 5-10 Year Investment Grade Corporate Bond ETF worth $285,200,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. TD Private Client Wealth LLC grew its stake in iShares 5-10 Year Investment Grade Corporate Bond ETF by 16.7% in the fourth quarter. TD Private Client Wealth LLC now owns 2,073,892 shares of the company’s stock valued at $111,741,000 after purchasing an additional 297,436 shares in the last quarter. Klaas Financial Asset Advisors LLC grew its stake in iShares 5-10 Year Investment Grade Corporate Bond ETF by 4.2% in the fourth quarter. Klaas Financial Asset Advisors LLC now owns 1,680,245 shares of the company’s stock valued at $90,532,000 after purchasing an additional 67,993 shares in the last quarter. Horizon Investments LLC grew its stake in iShares 5-10 Year Investment Grade Corporate Bond ETF by 2.0% in the fourth quarter. Horizon Investments LLC now owns 1,080,000 shares of the company’s stock valued at $58,190,000 after purchasing an additional 20,929 shares in the last quarter. Jones Financial Companies Lllp grew its stake in iShares 5-10 Year Investment Grade Corporate Bond ETF by 32.3% in the third quarter. Jones Financial Companies Lllp now owns 1,035,016 shares of the company’s stock valued at $55,880,000 after purchasing an additional 252,638 shares in the last quarter. Finally, Syon Capital LLC grew its stake in iShares 5-10 Year Investment Grade Corporate Bond ETF by 34.1% in the third quarter. Syon Capital LLC now owns 512,640 shares of the company’s stock valued at $27,729,000 after purchasing an additional 130,500 shares in 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 Stock Performance

IGIB stock opened at $53.03 on Tuesday. The business has a 50 day moving average price of $53.17 and a two-hundred day moving average price of $53.69. iShares 5-10 Year Investment Grade Corporate Bond ETF has a twelve month low of $52.04 and a twelve month high of $54.58.

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

The business also recently declared a monthly dividend, which will be paid on Thursday, June 4th. Shareholders of record on Monday, June 1st will be paid a $0.2162 dividend. This represents a c) dividend on an annualized basis and a yield of 4.9%. The ex-dividend date is Monday, June 1st.

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.