Renasant Bank Sells 11,379 Shares of iShares 5-10 Year Investment Grade Corporate Bond ETF $IGIB

Renasant Bank decreased its position in iShares 5-10 Year Investment Grade Corporate Bond ETF (NASDAQ:IGIB) by 44.8% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 14,006 shares of the company’s stock after selling 11,379 shares during the quarter. Renasant Bank’s holdings in iShares 5-10 Year Investment Grade Corporate Bond ETF were worth $758,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently modified their holdings of the company. AMJ Financial Wealth Management boosted its position in iShares 5-10 Year Investment Grade Corporate Bond ETF by 98.9% during the 2nd quarter. AMJ Financial Wealth Management now owns 170,212 shares of the company’s stock worth $9,071,000 after acquiring an additional 84,636 shares during the last quarter. JARISLOWSKY FRASER Ltd lifted its position in shares of iShares 5-10 Year Investment Grade Corporate Bond ETF by 61.2% in the third quarter. JARISLOWSKY FRASER Ltd now owns 89,421 shares of the company’s stock worth $4,837,000 after purchasing an additional 33,946 shares in the last quarter. Arkadios Wealth Advisors boosted its holdings in iShares 5-10 Year Investment Grade Corporate Bond ETF by 659.1% during the third quarter. Arkadios Wealth Advisors now owns 67,771 shares of the company’s stock worth $3,666,000 after purchasing an additional 58,843 shares during the last quarter. Baird Financial Group Inc. grew its position in iShares 5-10 Year Investment Grade Corporate Bond ETF by 2.4% in the second quarter. Baird Financial Group Inc. now owns 514,085 shares of the company’s stock valued at $27,396,000 after purchasing an additional 11,896 shares in the last quarter. Finally, North Dallas Bank & Trust Co. bought a new position in iShares 5-10 Year Investment Grade Corporate Bond ETF in the second quarter valued at $774,000. 76.98% of the stock is owned by institutional investors and hedge funds.

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

Shares of NASDAQ:IGIB opened at $53.97 on Friday. The company’s 50-day moving average price is $53.94 and its two-hundred day moving average price is $53.90. iShares 5-10 Year Investment Grade Corporate Bond ETF has a one year low of $50.52 and a one year high of $54.56.

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

The business also recently declared a monthly dividend, which was paid on Thursday, February 5th. Investors of record on Monday, February 2nd were given a dividend of $0.2094 per share. The ex-dividend date of this dividend was Monday, February 2nd. This represents a c) annualized dividend and a yield of 4.7%.

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.