iShares 5-10 Year Investment Grade Corporate Bond ETF $IGIB Shares Sold by Renasant Bank

Renasant Bank trimmed its holdings in shares of iShares 5-10 Year Investment Grade Corporate Bond ETF (NASDAQ:IGIB) by 11.0% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 25,385 shares of the company’s stock after selling 3,131 shares during the period. iShares 5-10 Year Investment Grade Corporate Bond ETF makes up about 0.9% of Renasant Bank’s portfolio, making the stock its 29th biggest position. Renasant Bank’s holdings in iShares 5-10 Year Investment Grade Corporate Bond ETF were worth $1,353,000 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. Whittier Trust Co. of Nevada Inc. raised its holdings in shares of iShares 5-10 Year Investment Grade Corporate Bond ETF by 49.4% during the first quarter. Whittier Trust Co. of Nevada Inc. now owns 10,262 shares of the company’s stock worth $539,000 after purchasing an additional 3,391 shares during the last quarter. Burns Matteson Capital Management LLC boosted its holdings in iShares 5-10 Year Investment Grade Corporate Bond ETF by 73.9% in the first quarter. Burns Matteson Capital Management LLC now owns 55,380 shares of the company’s stock valued at $2,909,000 after purchasing an additional 23,535 shares during the last quarter. Graypoint LLC raised its stake in shares of iShares 5-10 Year Investment Grade Corporate Bond ETF by 3.6% during the 1st quarter. Graypoint LLC now owns 479,606 shares of the company’s stock valued at $25,189,000 after buying an additional 16,757 shares during the last quarter. Migdal Insurance & Financial Holdings Ltd. raised its stake in shares of iShares 5-10 Year Investment Grade Corporate Bond ETF by 15.5% during the 1st quarter. Migdal Insurance & Financial Holdings Ltd. now owns 18,623 shares of the company’s stock valued at $978,000 after buying an additional 2,500 shares during the last quarter. Finally, Garrison Bradford & Associates Inc. acquired a new position in shares of iShares 5-10 Year Investment Grade Corporate Bond ETF in the 1st quarter valued at about $42,000. 76.98% of the stock is owned by hedge funds and other institutional investors.

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

Shares of IGIB opened at $54.07 on Wednesday. The stock’s 50-day moving average price is $54.12 and its 200-day moving average price is $53.24. iShares 5-10 Year Investment Grade Corporate Bond ETF has a 52 week low of $50.52 and a 52 week high of $54.56.

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

The company also recently announced a monthly dividend, which was paid on Thursday, November 6th. Stockholders of record on Monday, November 3rd were issued a dividend of $0.2113 per share. This represents a c) annualized dividend and a dividend yield of 4.7%. The ex-dividend date of this dividend was Monday, November 3rd.

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.