Leavell Investment Management Inc. Has $2.84 Million Holdings in iShares 5-10 Year Investment Grade Corporate Bond ETF $IGIB

Leavell Investment Management Inc. raised its position in shares of iShares 5-10 Year Investment Grade Corporate Bond ETF (NASDAQ:IGIB) by 946.7% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 53,328 shares of the company’s stock after purchasing an additional 48,233 shares during the period. Leavell Investment Management Inc.’s holdings in iShares 5-10 Year Investment Grade Corporate Bond ETF were worth $2,842,000 as of its most recent SEC filing.

Several other large investors have also made changes to their positions in IGIB. WestEnd Advisors LLC acquired a new position in iShares 5-10 Year Investment Grade Corporate Bond ETF in the second quarter worth approximately $28,000. Creative Financial Designs Inc. ADV grew its position in iShares 5-10 Year Investment Grade Corporate Bond ETF by 1,162.8% in the first quarter. Creative Financial Designs Inc. ADV now owns 543 shares of the company’s stock worth $29,000 after acquiring an additional 500 shares in the last quarter. Proathlete Wealth Management LLC bought a new stake in iShares 5-10 Year Investment Grade Corporate Bond ETF in the second quarter worth approximately $40,000. Garrison Bradford & Associates Inc. acquired a new position in shares of iShares 5-10 Year Investment Grade Corporate Bond ETF during the 1st quarter worth $42,000. Finally, Private Wealth Asset Management LLC acquired a new position in shares of iShares 5-10 Year Investment Grade Corporate Bond ETF during the 2nd quarter worth $62,000. Institutional investors own 76.98% of the company’s stock.

iShares 5-10 Year Investment Grade Corporate Bond ETF Stock Up 0.2%

IGIB stock opened at $54.49 on Friday. iShares 5-10 Year Investment Grade Corporate Bond ETF has a 1 year low of $50.52 and a 1 year high of $54.54. The company has a fifty day simple moving average of $54.00 and a 200 day simple moving average of $53.02.

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

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

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.