Mittelman Wealth Management Raises Stock Position in iShares 5-10 Year Investment Grade Corporate Bond ETF $IGIB

Mittelman Wealth Management lifted its holdings in shares of iShares 5-10 Year Investment Grade Corporate Bond ETF (NASDAQ:IGIB) by 9.0% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 213,856 shares of the company’s stock after buying an additional 17,623 shares during the period. iShares 5-10 Year Investment Grade Corporate Bond ETF comprises 7.1% of Mittelman Wealth Management’s holdings, making the stock its 5th largest position. Mittelman Wealth Management owned approximately 0.06% of iShares 5-10 Year Investment Grade Corporate Bond ETF worth $11,381,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. RMG Wealth Management LLC acquired a new stake in shares of iShares 5-10 Year Investment Grade Corporate Bond ETF in the first quarter valued at about $57,452,000. Madison Asset Management LLC boosted its position in iShares 5-10 Year Investment Grade Corporate Bond ETF by 63.0% during the first quarter. Madison Asset Management LLC now owns 400,916 shares of the company’s stock valued at $21,337,000 after purchasing an additional 154,955 shares during the last quarter. Centennial Bank AR acquired a new position in iShares 5-10 Year Investment Grade Corporate Bond ETF during the first quarter valued at approximately $914,000. Bank of New York Mellon Corp grew its stake in iShares 5-10 Year Investment Grade Corporate Bond ETF by 5.1% in the first quarter. Bank of New York Mellon Corp now owns 948,447 shares of the company’s stock valued at $50,476,000 after purchasing an additional 46,214 shares in the last quarter. Finally, Archer Investment Corp grew its stake in iShares 5-10 Year Investment Grade Corporate Bond ETF by 874.5% in the first quarter. Archer Investment Corp now owns 497 shares of the company’s stock valued at $26,000 after purchasing an additional 446 shares in the last quarter. Institutional investors own 76.98% of the company’s stock.

iShares 5-10 Year Investment Grade Corporate Bond ETF Stock Up 0.2%

NASDAQ:IGIB opened at $52.33 on Tuesday. iShares 5-10 Year Investment Grade Corporate Bond ETF has a twelve month low of $52.15 and a twelve month high of $54.58. The stock’s 50 day moving average price is $52.85 and its two-hundred day moving average price is $53.36.

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

The company also recently announced a dividend, which was paid on Tuesday, July 7th. Investors of record on Wednesday, July 1st were paid a $0.2155 dividend. The ex-dividend date of this dividend was Wednesday, July 1st.

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.