Fort Washington Investment Advisors Inc. OH Lowers Position in iShares 5-10 Year Investment Grade Corporate Bond ETF (NASDAQ:IGIB)

Fort Washington Investment Advisors Inc. OH trimmed its holdings in shares of iShares 5-10 Year Investment Grade Corporate Bond ETF (NASDAQ:IGIB) by 6.8% in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 4,105 shares of the company’s stock after selling 300 shares during the quarter. Fort Washington Investment Advisors Inc. OH’s holdings in iShares 5-10 Year Investment Grade Corporate Bond ETF were worth $210,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also added to or reduced their stakes in IGIB. BNP Paribas Financial Markets lifted its holdings in shares of iShares 5-10 Year Investment Grade Corporate Bond ETF by 7,287.0% during the 1st quarter. BNP Paribas Financial Markets now owns 426,749 shares of the company’s stock worth $22,020,000 after acquiring an additional 420,972 shares during the last quarter. Allstate Corp lifted its stake in iShares 5-10 Year Investment Grade Corporate Bond ETF by 7.3% during the fourth quarter. Allstate Corp now owns 5,476,431 shares of the company’s stock worth $284,774,000 after purchasing an additional 370,442 shares during the last quarter. One Capital Management LLC boosted its holdings in shares of iShares 5-10 Year Investment Grade Corporate Bond ETF by 11.6% in the 4th quarter. One Capital Management LLC now owns 2,931,466 shares of the company’s stock worth $152,436,000 after purchasing an additional 305,327 shares in the last quarter. BNP Paribas bought a new position in shares of iShares 5-10 Year Investment Grade Corporate Bond ETF during the 1st quarter valued at about $13,032,000. Finally, Mittelman Wealth Management bought a new position in shares of iShares 5-10 Year Investment Grade Corporate Bond ETF during the 1st quarter valued at about $9,218,000. 76.98% of the stock is currently owned by institutional investors.

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

NASDAQ:IGIB traded down $0.09 during mid-day trading on Friday, reaching $53.06. The stock had a trading volume of 1,644,719 shares, compared to its average volume of 1,899,935. The firm has a 50 day moving average price of $52.21 and a two-hundred day moving average price of $51.43. iShares 5-10 Year Investment Grade Corporate Bond ETF has a one year low of $47.27 and a one year high of $53.41.

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

The firm also recently declared a monthly dividend, which was paid on Tuesday, August 6th. Shareholders of record on Thursday, August 1st were paid a dividend of $0.1929 per share. The ex-dividend date was Thursday, August 1st. This is an increase from iShares 5-10 Year Investment Grade Corporate Bond ETF’s previous monthly dividend of $0.19. This represents a $2.31 annualized dividend and a dividend yield of 4.36%.

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.