RMG Wealth Management LLC Acquires Shares of 1,079,921 iShares 5-10 Year Investment Grade Corporate Bond ETF $IGIB

RMG Wealth Management LLC bought a new stake in iShares 5-10 Year Investment Grade Corporate Bond ETF (NASDAQ:IGIB) during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The fund bought 1,079,921 shares of the company’s stock, valued at approximately $57,452,000. iShares 5-10 Year Investment Grade Corporate Bond ETF makes up approximately 6.8% of RMG Wealth Management LLC’s investment portfolio, making the stock its 6th largest holding.

Several other large investors have also made changes to their positions in IGIB. NewEdge Advisors LLC lifted its holdings in iShares 5-10 Year Investment Grade Corporate Bond ETF by 1.2% during the 2nd quarter. NewEdge Advisors LLC now owns 140,302 shares of the company’s stock valued at $7,477,000 after purchasing an additional 1,660 shares during the last quarter. IHT Wealth Management LLC boosted its position in iShares 5-10 Year Investment Grade Corporate Bond ETF by 8.5% in the second quarter. IHT Wealth Management LLC now owns 39,751 shares of the company’s stock valued at $2,118,000 after buying an additional 3,122 shares in the last quarter. BNP Paribas Financial Markets grew its stake in iShares 5-10 Year Investment Grade Corporate Bond ETF by 103,318.8% during the third quarter. BNP Paribas Financial Markets now owns 187,188 shares of the company’s stock worth $10,125,000 after buying an additional 187,007 shares during the last quarter. Horizon Investments LLC grew its stake in iShares 5-10 Year Investment Grade Corporate Bond ETF by 1.9% during the third quarter. Horizon Investments LLC now owns 1,059,071 shares of the company’s stock worth $56,840,000 after buying an additional 19,394 shares during the last quarter. Finally, One Capital Management LLC increased its holdings in shares of iShares 5-10 Year Investment Grade Corporate Bond ETF by 10.7% during the third quarter. One Capital Management LLC now owns 5,008,290 shares of the company’s stock worth $270,898,000 after buying an additional 482,449 shares in the last quarter. Institutional investors own 76.98% of the company’s stock.

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

NASDAQ IGIB opened at $52.19 on Friday. iShares 5-10 Year Investment Grade Corporate Bond ETF has a 1-year low of $52.15 and a 1-year high of $54.58. The company has a 50 day moving average of $52.87 and a 200-day moving average of $53.39.

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

The firm also recently declared a dividend, which was paid on Tuesday, July 7th. Investors of record on Wednesday, July 1st were given a dividend of $0.2155 per share. 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.