iShares 5-10 Year Investment Grade Corporate Bond ETF (IGIB) To Go Ex-Dividend on July 1st

iShares 5-10 Year Investment Grade Corporate Bond ETF (NASDAQ:IGIB) announced a dividend on Tuesday, June 30th, NASDAQ Dividends reports. Investors of record on Wednesday, July 1st will be paid a dividend of 0.2155 per share on Tuesday, July 7th. The ex-dividend date is Wednesday, July 1st.

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

Shares of iShares 5-10 Year Investment Grade Corporate Bond ETF stock opened at $52.88 on Thursday. iShares 5-10 Year Investment Grade Corporate Bond ETF has a 52-week low of $52.38 and a 52-week high of $54.58. The stock’s 50-day simple moving average is $53.08 and its 200 day simple moving average is $53.53.

Institutional Trading of iShares 5-10 Year Investment Grade Corporate Bond ETF

Hedge funds and other institutional investors have recently modified their holdings of the business. Essential Partners LLC bought a new position in iShares 5-10 Year Investment Grade Corporate Bond ETF in the 1st quarter worth approximately $783,000. Strategic Investment Advisors MI raised its holdings in iShares 5-10 Year Investment Grade Corporate Bond ETF by 15.5% during the 1st quarter. Strategic Investment Advisors MI now owns 41,270 shares of the company’s stock valued at $2,197,000 after acquiring an additional 5,533 shares during the period. EverSource Wealth Advisors LLC raised its holdings in iShares 5-10 Year Investment Grade Corporate Bond ETF by 88.0% during the 1st quarter. EverSource Wealth Advisors LLC now owns 6,121 shares of the company’s stock valued at $326,000 after acquiring an additional 2,866 shares during the period. Mittelman Wealth Management lifted its position in shares of iShares 5-10 Year Investment Grade Corporate Bond ETF by 9.0% during the first quarter. Mittelman Wealth Management now owns 213,856 shares of the company’s stock worth $11,381,000 after acquiring an additional 17,623 shares in the last quarter. Finally, RMG Wealth Management LLC purchased a new stake in shares of iShares 5-10 Year Investment Grade Corporate Bond ETF during the first quarter worth $57,452,000. Institutional investors own 76.98% of the company’s stock.

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.