iShares 5-10 Year Investment Grade Corporate Bond ETF (NASDAQ:IGIB) Short Interest Update

iShares 5-10 Year Investment Grade Corporate Bond ETF (NASDAQ:IGIB) was the target of a large drop in short interest in July. As of July 31st, there was short interest totaling 533,232 shares, a drop of 80.5% from the July 15th total of 2,735,078 shares. Approximately 0.2% of the shares of the stock are short sold. Based on an average trading volume of 2,446,157 shares, the days-to-cover ratio is presently 0.2 days.

Institutional Trading of iShares 5-10 Year Investment Grade Corporate Bond ETF

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Western Wealth Management LLC grew its position in iShares 5-10 Year Investment Grade Corporate Bond ETF by 289.3% during the 4th quarter. Western Wealth Management LLC now owns 26,505 shares of the company’s stock worth $1,428,000 after purchasing an additional 19,696 shares in the last quarter. Madison Asset Management LLC lifted its holdings in shares of iShares 5-10 Year Investment Grade Corporate Bond ETF by 63.0% in the first quarter. Madison Asset Management LLC now owns 400,916 shares of the company’s stock valued at $21,337,000 after purchasing an additional 154,955 shares in the last quarter. TD Private Client Wealth LLC lifted its holdings in shares of 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. Syon Capital LLC boosted its position in shares of iShares 5-10 Year Investment Grade Corporate Bond ETF by 2.5% in the fourth quarter. Syon Capital LLC now owns 525,501 shares of the company’s stock worth $28,314,000 after buying an additional 12,861 shares during the period. Finally, North Dallas Bank & Trust Co. acquired a new stake in shares of iShares 5-10 Year Investment Grade Corporate Bond ETF in the fourth quarter worth $863,000. Institutional investors and hedge funds own 76.98% of the company’s stock.

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

Shares of iShares 5-10 Year Investment Grade Corporate Bond ETF stock traded down $0.14 on Friday, reaching $52.26. 1,239,083 shares of the company were exchanged, compared to its average volume of 2,936,134. The stock has a fifty day moving average price of $52.68 and a 200-day moving average price of $53.21. iShares 5-10 Year Investment Grade Corporate Bond ETF has a fifty-two week low of $52.12 and a fifty-two week high of $54.58.

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

The business also recently declared a monthly dividend, which was paid on Thursday, August 6th. Investors of record on Monday, August 3rd were paid a $0.22 dividend. The ex-dividend date of this dividend was Monday, August 3rd. This represents a c) dividend on an annualized basis and a yield of 5.1%.

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.