Vicus Capital Boosts Holdings in iShares 5-10 Year Investment Grade Corporate Bond ETF (NASDAQ:IGIB)

Vicus Capital increased its position in iShares 5-10 Year Investment Grade Corporate Bond ETF (NASDAQ:IGIB) by 5.4% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 14,105 shares of the company’s stock after purchasing an additional 717 shares during the period. Vicus Capital’s holdings in iShares 5-10 Year Investment Grade Corporate Bond ETF were worth $741,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. TD Private Client Wealth LLC raised its holdings in iShares 5-10 Year Investment Grade Corporate Bond ETF by 38.3% in the fourth quarter. TD Private Client Wealth LLC now owns 1,117,851 shares of the company’s stock worth $57,580,000 after buying an additional 309,753 shares during the last quarter. Syon Capital LLC bought a new stake in shares of iShares 5-10 Year Investment Grade Corporate Bond ETF during the fourth quarter valued at approximately $13,463,000. Greenwood Gearhart Inc. raised its holdings in iShares 5-10 Year Investment Grade Corporate Bond ETF by 20.8% in the 4th quarter. Greenwood Gearhart Inc. now owns 1,329,506 shares of the company’s stock worth $68,483,000 after acquiring an additional 228,493 shares during the last quarter. Bank of New York Mellon Corp lifted its position in iShares 5-10 Year Investment Grade Corporate Bond ETF by 13.9% in the 4th quarter. Bank of New York Mellon Corp now owns 1,799,643 shares of the company’s stock valued at $92,700,000 after acquiring an additional 219,961 shares in the last quarter. Finally, Ameriprise Financial Inc. lifted its position in iShares 5-10 Year Investment Grade Corporate Bond ETF by 3.3% in the 4th quarter. Ameriprise Financial Inc. now owns 4,283,422 shares of the company’s stock valued at $220,612,000 after acquiring an additional 137,095 shares in the last quarter. 76.98% of the stock is owned by hedge funds and other institutional investors.

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

iShares 5-10 Year Investment Grade Corporate Bond ETF stock opened at $52.39 on Tuesday. iShares 5-10 Year Investment Grade Corporate Bond ETF has a 12 month low of $50.52 and a 12 month high of $54.10. The stock has a fifty day simple moving average of $52.04 and a two-hundred day simple moving average of $51.98.

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

The firm also recently disclosed a monthly dividend, which was paid on Thursday, June 5th. Investors of record on Monday, June 2nd were given a dividend of $0.2021 per share. The ex-dividend date was Monday, June 2nd. This represents a $2.42 annualized dividend and a dividend yield of 4.63%.

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.