Private Trust Co. NA Trims Position in iShares 5-10 Year Investment Grade Corporate Bond ETF $IGIB

Private Trust Co. NA cut its stake in shares of iShares 5-10 Year Investment Grade Corporate Bond ETF (NASDAQ:IGIB) by 5.3% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 8,961 shares of the company’s stock after selling 503 shares during the period. Private Trust Co. NA’s holdings in iShares 5-10 Year Investment Grade Corporate Bond ETF were worth $478,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of IGIB. Allstate Corp raised its stake in shares of iShares 5-10 Year Investment Grade Corporate Bond ETF by 10.4% in the 1st quarter. Allstate Corp now owns 3,022,087 shares of the company’s stock valued at $158,720,000 after acquiring an additional 285,912 shares during the period. TD Private Client Wealth LLC raised its stake in iShares 5-10 Year Investment Grade Corporate Bond ETF by 15.4% during the first quarter. TD Private Client Wealth LLC now owns 1,290,398 shares of the company’s stock valued at $67,772,000 after buying an additional 172,547 shares in the last quarter. OLD Mission Capital LLC raised its position in shares of iShares 5-10 Year Investment Grade Corporate Bond ETF by 765.6% during the 1st quarter. OLD Mission Capital LLC now owns 87,975 shares of the company’s stock valued at $4,620,000 after acquiring an additional 77,811 shares in the last quarter. Christopher J. Hasenberg Inc bought a new position in shares of iShares 5-10 Year Investment Grade Corporate Bond ETF in the 2nd quarter worth about $2,704,000. Finally, Fiduciary Alliance LLC lifted its holdings in iShares 5-10 Year Investment Grade Corporate Bond ETF by 1,093.3% in the second quarter. Fiduciary Alliance LLC now owns 55,264 shares of the company’s stock worth $2,945,000 after acquiring an additional 50,633 shares during the last quarter. Institutional investors and hedge funds own 76.98% of the company’s stock.

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

NASDAQ:IGIB opened at $54.31 on Monday. iShares 5-10 Year Investment Grade Corporate Bond ETF has a 12-month low of $50.52 and a 12-month high of $54.49. The business has a 50 day simple moving average of $53.90 and a 200 day simple moving average of $52.94.

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

The company also recently announced a monthly dividend, which was paid on Monday, October 6th. Shareholders of record on Wednesday, October 1st were paid a dividend of $0.2134 per share. This represents a c) dividend on an annualized basis and a yield of 4.7%. The ex-dividend date of this dividend was Wednesday, October 1st. This is a positive change from iShares 5-10 Year Investment Grade Corporate Bond ETF’s previous monthly dividend of $0.21.

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.