iShares 5-10 Year Investment Grade Corporate Bond ETF $IGIB Position Boosted by Madison Asset Management LLC

Madison Asset Management LLC grew its holdings in shares of iShares 5-10 Year Investment Grade Corporate Bond ETF (NASDAQ:IGIB) by 63.0% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 400,916 shares of the company’s stock after purchasing an additional 154,955 shares during the period. Madison Asset Management LLC’s holdings in iShares 5-10 Year Investment Grade Corporate Bond ETF were worth $21,337,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently made changes to their positions in the company. Archer Investment Corp raised its holdings in shares of iShares 5-10 Year Investment Grade Corporate Bond ETF by 874.5% in the 1st quarter. Archer Investment Corp now owns 497 shares of the company’s stock worth $26,000 after purchasing an additional 446 shares in the last quarter. Rothschild Investment LLC bought a new stake in iShares 5-10 Year Investment Grade Corporate Bond ETF during the fourth quarter worth approximately $40,000. IFC & Insurance Marketing Inc. bought a new stake in iShares 5-10 Year Investment Grade Corporate Bond ETF during the fourth quarter worth approximately $45,000. MassMutual Private Wealth & Trust FSB grew its position in iShares 5-10 Year Investment Grade Corporate Bond ETF by 137.9% in the fourth quarter. MassMutual Private Wealth & Trust FSB now owns 904 shares of the company’s stock worth $49,000 after buying an additional 524 shares during the last quarter. Finally, Birchwood Financial Partners Inc. acquired a new position in iShares 5-10 Year Investment Grade Corporate Bond ETF in the fourth quarter worth approximately $54,000. Institutional investors and hedge funds own 76.98% of the company’s stock.

iShares 5-10 Year Investment Grade Corporate Bond ETF Stock Down 0.2%

NASDAQ IGIB opened at $52.57 on Tuesday. iShares 5-10 Year Investment Grade Corporate Bond ETF has a 1 year low of $52.38 and a 1 year high of $54.58. The business’s fifty day moving average is $52.91 and its two-hundred day moving average is $53.42.

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

The business also recently announced a dividend, which was paid on Tuesday, July 7th. Investors of record on Wednesday, July 1st were issued a $0.2155 dividend. The ex-dividend date was Wednesday, July 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.