iShares 5-10 Year Investment Grade Corporate Bond ETF (NASDAQ:IGIB) Shares Purchased by Highline Wealth Partners LLC

Highline Wealth Partners LLC boosted its stake in shares of iShares 5-10 Year Investment Grade Corporate Bond ETF (NASDAQ:IGIB) by 70.6% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 152,907 shares of the company’s stock after acquiring an additional 63,278 shares during the quarter. iShares 5-10 Year Investment Grade Corporate Bond ETF comprises 2.6% of Highline Wealth Partners LLC’s investment portfolio, making the stock its 11th biggest holding. Highline Wealth Partners LLC owned 0.05% of iShares 5-10 Year Investment Grade Corporate Bond ETF worth $7,876,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently modified their holdings of the company. WestEnd Advisors LLC purchased a new stake in iShares 5-10 Year Investment Grade Corporate Bond ETF during the third quarter worth about $25,000. Centennial Bank AR acquired a new stake in shares of iShares 5-10 Year Investment Grade Corporate Bond ETF in the 3rd quarter worth approximately $66,000. General Partner Inc. acquired a new position in iShares 5-10 Year Investment Grade Corporate Bond ETF during the fourth quarter worth $86,000. S.A. Mason LLC acquired a new position in iShares 5-10 Year Investment Grade Corporate Bond ETF during the third quarter worth $92,000. Finally, Sunbelt Securities Inc. purchased a new stake in iShares 5-10 Year Investment Grade Corporate Bond ETF during the second quarter worth $154,000. 76.98% of the stock is currently owned by hedge funds and other institutional investors.

iShares 5-10 Year Investment Grade Corporate Bond ETF Trading Down 0.6 %

Shares of NASDAQ:IGIB traded down $0.29 during midday trading on Friday, hitting $50.98. 1,267,711 shares of the stock were exchanged, compared to its average volume of 1,960,992. iShares 5-10 Year Investment Grade Corporate Bond ETF has a twelve month low of $49.90 and a twelve month high of $54.10. The company has a 50 day moving average price of $51.99 and a 200-day moving average price of $52.44.

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

The firm also recently declared a dividend, which was paid on Monday, December 23rd. Stockholders of record on Wednesday, December 18th were given a $0.1996 dividend. The ex-dividend date was Wednesday, December 18th. This is a positive change from iShares 5-10 Year Investment Grade Corporate Bond ETF’s previous dividend of $0.19.

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.