Mittelman Wealth Management Has $9.02 Million Stock Holdings in iShares 5-10 Year Investment Grade Corporate Bond ETF $IGIB

Mittelman Wealth Management increased its stake in shares of iShares 5-10 Year Investment Grade Corporate Bond ETF (NASDAQ:IGIB) by 25.7% in the second quarter, according to its most recent Form 13F filing with the SEC. The fund owned 169,222 shares of the company’s stock after buying an additional 34,627 shares during the period. iShares 5-10 Year Investment Grade Corporate Bond ETF comprises about 7.6% of Mittelman Wealth Management’s holdings, making the stock its 6th biggest position. Mittelman Wealth Management owned about 0.06% of iShares 5-10 Year Investment Grade Corporate Bond ETF worth $9,018,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Parallel Advisors LLC increased its stake in shares of iShares 5-10 Year Investment Grade Corporate Bond ETF by 26.3% during the 2nd quarter. Parallel Advisors LLC now owns 3,832 shares of the company’s stock worth $204,000 after purchasing an additional 797 shares during the last quarter. Proathlete Wealth Management LLC purchased a new position in iShares 5-10 Year Investment Grade Corporate Bond ETF in the second quarter valued at approximately $40,000. DMC Group LLC grew its holdings in iShares 5-10 Year Investment Grade Corporate Bond ETF by 3.5% during the second quarter. DMC Group LLC now owns 65,824 shares of the company’s stock valued at $3,508,000 after purchasing an additional 2,204 shares during the period. Vicus Capital grew its holdings in iShares 5-10 Year Investment Grade Corporate Bond ETF by 12.5% during the second quarter. Vicus Capital now owns 15,872 shares of the company’s stock valued at $846,000 after purchasing an additional 1,767 shares during the period. Finally, Kingswood Wealth Advisors LLC increased its position in iShares 5-10 Year Investment Grade Corporate Bond ETF by 23.9% in the second quarter. Kingswood Wealth Advisors LLC now owns 48,589 shares of the company’s stock worth $2,589,000 after buying an additional 9,385 shares during the last quarter. 76.98% of the stock is currently owned by hedge funds and other institutional investors.

iShares 5-10 Year Investment Grade Corporate Bond ETF Stock Down 0.3%

Shares of NASDAQ IGIB opened at $53.84 on Friday. iShares 5-10 Year Investment Grade Corporate Bond ETF has a one year low of $50.52 and a one year high of $54.56. The business’s fifty day moving average price is $54.13 and its 200-day moving average price is $53.25.

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

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

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.