Park Place Capital Corp Sells 13,485 Shares of iShares 5-10 Year Investment Grade Corporate Bond ETF (NASDAQ:IGIB)

Park Place Capital Corp lessened its holdings in iShares 5-10 Year Investment Grade Corporate Bond ETF (NASDAQ:IGIB) by 26.6% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 37,298 shares of the company’s stock after selling 13,485 shares during the quarter. Park Place Capital Corp’s holdings in iShares 5-10 Year Investment Grade Corporate Bond ETF were worth $1,921,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of the business. JPMorgan Chase & Co. boosted its position in iShares 5-10 Year Investment Grade Corporate Bond ETF by 133.5% in the third quarter. JPMorgan Chase & Co. now owns 2,447,483 shares of the company’s stock valued at $131,479,000 after buying an additional 1,399,131 shares in the last quarter. Haverford Trust Co increased its holdings in iShares 5-10 Year Investment Grade Corporate Bond ETF by 3.4% in the 3rd quarter. Haverford Trust Co now owns 1,134,321 shares of the company’s stock worth $60,936,000 after purchasing an additional 37,657 shares in the last quarter. Greenwood Gearhart Inc. raised its position in iShares 5-10 Year Investment Grade Corporate Bond ETF by 6.2% in the third quarter. Greenwood Gearhart Inc. now owns 1,101,013 shares of the company’s stock valued at $59,146,000 after purchasing an additional 63,989 shares during the last quarter. TD Private Client Wealth LLC boosted its stake in shares of iShares 5-10 Year Investment Grade Corporate Bond ETF by 12.8% during the third quarter. TD Private Client Wealth LLC now owns 808,098 shares of the company’s stock valued at $43,411,000 after purchasing an additional 91,761 shares in the last quarter. Finally, Janney Montgomery Scott LLC grew its holdings in shares of iShares 5-10 Year Investment Grade Corporate Bond ETF by 35.2% during the third quarter. Janney Montgomery Scott LLC now owns 586,741 shares of the company’s stock worth $31,520,000 after purchasing an additional 152,711 shares during the last quarter. Institutional investors own 76.98% of the company’s stock.

iShares 5-10 Year Investment Grade Corporate Bond ETF Trading Up 0.3 %

Shares of NASDAQ IGIB opened at $51.66 on Wednesday. iShares 5-10 Year Investment Grade Corporate Bond ETF has a 1 year low of $49.90 and a 1 year high of $54.10. The company has a 50 day simple moving average of $51.85 and a 200 day simple moving average of $52.45.

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

The business also recently disclosed a dividend, which was paid on Monday, December 23rd. Investors of record on Wednesday, December 18th were issued a $0.1996 dividend. This is an increase from iShares 5-10 Year Investment Grade Corporate Bond ETF’s previous dividend of $0.19. The ex-dividend date was Wednesday, December 18th.

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.