iShares 5-10 Year Investment Grade Corporate Bond ETF (NASDAQ:IGIB) Shares Acquired by TD Private Client Wealth LLC

TD Private Client Wealth LLC increased its stake in shares of iShares 5-10 Year Investment Grade Corporate Bond ETF (NASDAQ:IGIB) by 12.8% in the 3rd quarter, HoldingsChannel reports. The firm owned 808,098 shares of the company’s stock after buying an additional 91,761 shares during the quarter. iShares 5-10 Year Investment Grade Corporate Bond ETF makes up 1.2% of TD Private Client Wealth LLC’s portfolio, making the stock its 16th largest position. TD Private Client Wealth LLC’s holdings in iShares 5-10 Year Investment Grade Corporate Bond ETF were worth $43,411,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of IGIB. Vicus Capital raised its holdings in shares of iShares 5-10 Year Investment Grade Corporate Bond ETF by 3.1% in the third quarter. Vicus Capital now owns 12,705 shares of the company’s stock worth $683,000 after acquiring an additional 387 shares during the last quarter. WestEnd Advisors LLC purchased a new stake in iShares 5-10 Year Investment Grade Corporate Bond ETF during the 3rd quarter worth about $25,000. 1620 Investment Advisors Inc. acquired a new position in iShares 5-10 Year Investment Grade Corporate Bond ETF in the 2nd quarter valued at about $35,000. Rebalance LLC lifted its holdings in iShares 5-10 Year Investment Grade Corporate Bond ETF by 0.6% in the 3rd quarter. Rebalance LLC now owns 170,103 shares of the company’s stock valued at $9,138,000 after purchasing an additional 942 shares in the last quarter. Finally, Arkadios Wealth Advisors boosted its stake in shares of iShares 5-10 Year Investment Grade Corporate Bond ETF by 12.0% during the 3rd quarter. Arkadios Wealth Advisors now owns 9,511 shares of the company’s stock worth $511,000 after purchasing an additional 1,019 shares during the last quarter. Hedge funds and other institutional investors own 76.98% of the company’s stock.

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

NASDAQ:IGIB opened at $52.63 on Wednesday. The firm has a 50 day simple moving average of $52.53 and a 200-day simple moving average of $52.39. iShares 5-10 Year Investment Grade Corporate Bond ETF has a 1-year low of $49.90 and a 1-year high of $54.10.

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

The firm also recently declared a dividend, which was paid on Thursday, December 5th. Shareholders of record on Monday, December 2nd were issued a $0.193 dividend. The ex-dividend date was Monday, December 2nd. This is an increase from iShares 5-10 Year Investment Grade Corporate Bond ETF’s previous dividend of $0.19.

iShares 5-10 Year Investment Grade Corporate Bond ETF 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.