iShares 5-10 Year Investment Grade Corporate Bond ETF $IGIB Shares Bought by CoreCap Advisors LLC

CoreCap Advisors LLC grew its holdings in shares of iShares 5-10 Year Investment Grade Corporate Bond ETF (NASDAQ:IGIB) by 28.1% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 234,396 shares of the company’s stock after purchasing an additional 51,368 shares during the period. CoreCap Advisors LLC owned about 0.06% of iShares 5-10 Year Investment Grade Corporate Bond ETF worth $11,802,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in IGIB. RMG Wealth Management LLC acquired a new position in shares of iShares 5-10 Year Investment Grade Corporate Bond ETF in the first quarter valued at approximately $57,452,000. Bank of New York Mellon Corp lifted its holdings in iShares 5-10 Year Investment Grade Corporate Bond ETF by 5.1% during the 1st quarter. Bank of New York Mellon Corp now owns 948,447 shares of the company’s stock worth $50,476,000 after buying an additional 46,214 shares in the last quarter. Madison Asset Management LLC lifted its holdings in iShares 5-10 Year Investment Grade Corporate Bond ETF by 63.0% during the 1st quarter. Madison Asset Management LLC now owns 400,916 shares of the company’s stock worth $21,337,000 after buying an additional 154,955 shares in the last quarter. Mittelman Wealth Management boosted its position in iShares 5-10 Year Investment Grade Corporate Bond ETF by 9.0% in the 1st quarter. Mittelman Wealth Management now owns 213,856 shares of the company’s stock valued at $11,381,000 after buying an additional 17,623 shares during the period. Finally, Abound Financial LLC purchased a new position in iShares 5-10 Year Investment Grade Corporate Bond ETF in the 4th quarter valued at approximately $4,112,000. Institutional investors and hedge funds own 76.98% of the company’s stock.

iShares 5-10 Year Investment Grade Corporate Bond ETF Stock Up 0.3%

Shares of iShares 5-10 Year Investment Grade Corporate Bond ETF stock traded up $0.13 during trading hours on Thursday, reaching $50.47. 3,793,375 shares of the company were exchanged, compared to its average volume of 3,013,129. iShares 5-10 Year Investment Grade Corporate Bond ETF has a 1 year low of $49.94 and a 1 year high of $54.58. The stock’s fifty day moving average is $51.63 and its 200 day moving average is $52.52.

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

The business also recently disclosed a monthly dividend, which was paid on Tuesday, October 6th. Stockholders of record on Thursday, October 1st were paid a $0.2206 dividend. This represents a $2.65 annualized dividend and a dividend yield of 5.2%. The ex-dividend date was Thursday, October 1st. This is a drop from iShares 5-10 Year Investment Grade Corporate Bond ETF’s previous monthly dividend of $0.2219.

iShares 5-10 Year Investment Grade Corporate Bond ETF 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.