iShares 5-10 Year Investment Grade Corporate Bond ETF (NASDAQ:IGIB) Shares Acquired by Private Trust Co. NA

Private Trust Co. NA increased its holdings in iShares 5-10 Year Investment Grade Corporate Bond ETF (NASDAQ:IGIB) by 20.3% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 8,807 shares of the company’s stock after acquiring an additional 1,485 shares during the quarter. Private Trust Co. NA’s holdings in iShares 5-10 Year Investment Grade Corporate Bond ETF were worth $454,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of IGIB. MassMutual Private Wealth & Trust FSB increased its holdings in shares of iShares 5-10 Year Investment Grade Corporate Bond ETF by 205.3% in the 4th quarter. MassMutual Private Wealth & Trust FSB now owns 1,160 shares of the company’s stock valued at $60,000 after acquiring an additional 780 shares during the period. Centennial Bank AR purchased a new position in iShares 5-10 Year Investment Grade Corporate Bond ETF in the 3rd quarter valued at $66,000. General Partner Inc. purchased a new position in iShares 5-10 Year Investment Grade Corporate Bond ETF in the 4th quarter valued at $86,000. Leavell Investment Management Inc. purchased a new position in iShares 5-10 Year Investment Grade Corporate Bond ETF in the 3rd quarter valued at $267,000. Finally, Moloney Securities Asset Management LLC purchased a new position in iShares 5-10 Year Investment Grade Corporate Bond ETF in the 4th quarter valued at $271,000. 76.98% of the stock is owned by institutional investors and hedge funds.

iShares 5-10 Year Investment Grade Corporate Bond ETF Trading Up 0.4 %

NASDAQ:IGIB opened at $52.70 on Monday. The firm’s fifty 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

The company also recently disclosed a dividend, which was paid on Thursday, February 6th. Investors of record on Monday, February 3rd were given a $0.198 dividend. The ex-dividend date of this dividend was Monday, February 3rd.

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.