Jones Financial Companies Lllp Buys 252,638 Shares of iShares 5-10 Year Investment Grade Corporate Bond ETF $IGIB

Jones Financial Companies Lllp increased its stake in shares of iShares 5-10 Year Investment Grade Corporate Bond ETF (NASDAQ:IGIB) by 32.3% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,035,016 shares of the company’s stock after purchasing an additional 252,638 shares during the quarter. Jones Financial Companies Lllp owned approximately 0.33% of iShares 5-10 Year Investment Grade Corporate Bond ETF worth $55,880,000 as of its most recent SEC filing.

Several other hedge funds have also modified their holdings of IGIB. Allstate Corp grew its position in shares of iShares 5-10 Year Investment Grade Corporate Bond ETF by 44.2% in the 3rd quarter. Allstate Corp now owns 3,632,500 shares of the company’s stock worth $196,482,000 after buying an additional 1,112,701 shares during the last quarter. Bank of New York Mellon Corp boosted its stake in iShares 5-10 Year Investment Grade Corporate Bond ETF by 79.8% in the second quarter. Bank of New York Mellon Corp now owns 1,923,610 shares of the company’s stock valued at $102,509,000 after acquiring an additional 853,759 shares in the last quarter. TD Private Client Wealth LLC grew its holdings in iShares 5-10 Year Investment Grade Corporate Bond ETF by 22.6% in the third quarter. TD Private Client Wealth LLC now owns 1,776,456 shares of the company’s stock worth $96,089,000 after purchasing an additional 327,246 shares during the last quarter. Klaas Financial Asset Advisors LLC grew its holdings in iShares 5-10 Year Investment Grade Corporate Bond ETF by 3.5% in the third quarter. Klaas Financial Asset Advisors LLC now owns 1,612,252 shares of the company’s stock worth $87,207,000 after purchasing an additional 55,046 shares during the last quarter. Finally, Mitsubishi UFJ Trust & Banking Corp increased its position in shares of iShares 5-10 Year Investment Grade Corporate Bond ETF by 137.6% during the third quarter. Mitsubishi UFJ Trust & Banking Corp now owns 801,281 shares of the company’s stock worth $43,378,000 after purchasing an additional 464,000 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 Trading Down 0.5%

Shares of IGIB opened at $53.74 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 $54.56. The stock has a fifty day moving average price of $53.99 and a 200-day moving average price of $53.88.

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

The firm also recently declared a monthly dividend, which will be paid on Thursday, February 5th. Shareholders of record on Monday, February 2nd will be issued a $0.2094 dividend. This represents a c) annualized dividend and a yield of 4.7%. The ex-dividend date of this dividend is Monday, February 2nd.

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.