iShares 5-10 Year Investment Grade Corporate Bond ETF (NASDAQ:IGIB) Shares Sold by ETF Portfolio Partners Inc.

ETF Portfolio Partners Inc. lessened its holdings in iShares 5-10 Year Investment Grade Corporate Bond ETF (NASDAQ:IGIB) by 1.6% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 333,323 shares of the company’s stock after selling 5,312 shares during the period. iShares 5-10 Year Investment Grade Corporate Bond ETF comprises 5.8% of ETF Portfolio Partners Inc.’s holdings, making the stock its 5th biggest holding. ETF Portfolio Partners Inc. owned approximately 0.14% of iShares 5-10 Year Investment Grade Corporate Bond ETF worth $17,333,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. EverSource Wealth Advisors LLC grew its position in iShares 5-10 Year Investment Grade Corporate Bond ETF by 167.1% in the third quarter. EverSource Wealth Advisors LLC now owns 617 shares of the company’s stock valued at $30,000 after acquiring an additional 386 shares during the last quarter. Kozak & Associates Inc. bought a new stake in shares of iShares 5-10 Year Investment Grade Corporate Bond ETF during the fourth quarter worth about $67,000. Private Trust Co. NA grew its holdings in shares of iShares 5-10 Year Investment Grade Corporate Bond ETF by 23.9% during the third quarter. Private Trust Co. NA now owns 2,189 shares of the company’s stock worth $106,000 after purchasing an additional 422 shares during the last quarter. Householder Group Estate & Retirement Specialist LLC bought a new stake in shares of iShares 5-10 Year Investment Grade Corporate Bond ETF during the third quarter worth about $141,000. Finally, Coppell Advisory Solutions Corp. bought a new stake in shares of iShares 5-10 Year Investment Grade Corporate Bond ETF during the fourth quarter worth about $145,000. Institutional investors own 81.40% of the company’s stock.

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

Shares of NASDAQ:IGIB traded down $0.04 during midday trading on Thursday, hitting $51.60. 2,258,174 shares of the stock were exchanged, compared to its average volume of 1,725,090. The business’s 50-day moving average price is $51.35 and its 200 day moving average price is $50.30. iShares 5-10 Year Investment Grade Corporate Bond ETF has a 12 month low of $47.27 and a 12 month high of $52.25.

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

The company also recently declared a monthly dividend, which was paid on Thursday, March 7th. Stockholders of record on Monday, March 4th were issued a dividend of $0.1764 per share. This represents a $2.12 annualized dividend and a dividend yield of 4.10%. The ex-dividend date was Friday, March 1st.

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.