iShares 5-10 Year Investment Grade Corporate Bond ETF (NASDAQ:IGIB) Shares Sold by AdvisorNet Financial Inc

AdvisorNet Financial Inc reduced its stake in shares of iShares 5-10 Year Investment Grade Corporate Bond ETF (NASDAQ:IGIB) by 32.8% during the 4th quarter, HoldingsChannel reports. The fund owned 11,934 shares of the company’s stock after selling 5,819 shares during the period. AdvisorNet Financial Inc’s holdings in iShares 5-10 Year Investment Grade Corporate Bond ETF were worth $615,000 at the end of the most recent quarter.

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

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

NASDAQ:IGIB opened at $51.35 on Thursday. 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 firm’s fifty day simple moving average is $51.91 and its 200 day simple moving average is $52.44.

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

The business also recently declared a dividend, which was paid on Monday, December 23rd. Investors of record on Wednesday, December 18th were given a dividend of $0.1996 per share. 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.