Providence First Trust Co bought a new position in shares of iShares 5-10 Year Investment Grade Corporate Bond ETF (NASDAQ:IGIB – Free Report) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 2,009 shares of the company’s stock, valued at approximately $103,000.
A number of other large investors have also recently added to or reduced their stakes in IGIB. JPMorgan Chase & Co. lifted its position in shares of iShares 5-10 Year Investment Grade Corporate Bond ETF by 133.5% during the 3rd quarter. JPMorgan Chase & Co. now owns 2,447,483 shares of the company’s stock valued at $131,479,000 after acquiring an additional 1,399,131 shares during the last quarter. BNP Paribas Financial Markets raised its position in shares of iShares 5-10 Year Investment Grade Corporate Bond ETF by 18,741.6% during the third quarter. BNP Paribas Financial Markets now owns 331,800 shares of the company’s stock worth $17,824,000 after purchasing an additional 330,039 shares during the period. MFA Wealth Advisors LLC acquired a new stake in shares of iShares 5-10 Year Investment Grade Corporate Bond ETF during the fourth quarter worth $14,918,000. Bank of New York Mellon Corp lifted its holdings in shares of iShares 5-10 Year Investment Grade Corporate Bond ETF by 13.9% during the fourth quarter. Bank of New York Mellon Corp now owns 1,799,643 shares of the company’s stock valued at $92,700,000 after purchasing an additional 219,961 shares during the last quarter. Finally, Janney Montgomery Scott LLC boosted its position in shares of iShares 5-10 Year Investment Grade Corporate Bond ETF by 35.2% in the 3rd quarter. Janney Montgomery Scott LLC now owns 586,741 shares of the company’s stock valued at $31,520,000 after purchasing an additional 152,711 shares during the period. 76.98% of the stock is currently owned by institutional investors.
iShares 5-10 Year Investment Grade Corporate Bond ETF Price Performance
Shares of IGIB opened at $52.70 on Friday. The business’s 50-day moving average price is $51.69 and its 200 day moving average price is $52.42. iShares 5-10 Year Investment Grade Corporate Bond ETF has a 1-year low of $49.91 and a 1-year high of $54.10.
iShares 5-10 Year Investment Grade Corporate Bond ETF Cuts Dividend
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.
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