Highline Wealth Partners LLC Raises Stake in iShares 5-10 Year Investment Grade Corporate Bond ETF $IGIB

Highline Wealth Partners LLC raised its holdings in shares of iShares 5-10 Year Investment Grade Corporate Bond ETF (NASDAQ:IGIB) by 44.1% during the fourth quarter, Holdings Channel reports. The fund owned 179,112 shares of the company’s stock after buying an additional 54,792 shares during the period. iShares 5-10 Year Investment Grade Corporate Bond ETF comprises about 2.7% of Highline Wealth Partners LLC’s investment portfolio, making the stock its 12th biggest position. Highline Wealth Partners LLC’s holdings in iShares 5-10 Year Investment Grade Corporate Bond ETF were worth $9,651,000 at the end of the most recent quarter.

Other large investors have also recently made changes to their positions in the company. JARISLOWSKY FRASER Ltd boosted its stake in shares of iShares 5-10 Year Investment Grade Corporate Bond ETF by 61.2% in the 3rd quarter. JARISLOWSKY FRASER Ltd now owns 89,421 shares of the company’s stock valued at $4,837,000 after purchasing an additional 33,946 shares in the last quarter. AMJ Financial Wealth Management grew its holdings in shares of iShares 5-10 Year Investment Grade Corporate Bond ETF by 98.9% during the 2nd quarter. AMJ Financial Wealth Management now owns 170,212 shares of the company’s stock valued at $9,071,000 after purchasing an additional 84,636 shares during the last quarter. Arkadios Wealth Advisors raised its position in iShares 5-10 Year Investment Grade Corporate Bond ETF by 659.1% in the 3rd quarter. Arkadios Wealth Advisors now owns 67,771 shares of the company’s stock worth $3,666,000 after purchasing an additional 58,843 shares during the period. Baird Financial Group Inc. lifted its stake in iShares 5-10 Year Investment Grade Corporate Bond ETF by 2.4% in the second quarter. Baird Financial Group Inc. now owns 514,085 shares of the company’s stock worth $27,396,000 after purchasing an additional 11,896 shares during the last quarter. Finally, North Dallas Bank & Trust Co. bought a new stake in iShares 5-10 Year Investment Grade Corporate Bond ETF in the second quarter worth $774,000. 76.98% of the stock is owned by hedge funds and other institutional investors.

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

NASDAQ IGIB opened at $53.22 on Wednesday. The company has a 50-day simple moving average of $53.80 and a two-hundred day simple moving average of $53.96. iShares 5-10 Year Investment Grade Corporate Bond ETF has a 12-month low of $50.52 and a 12-month high of $54.58.

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

The business also recently announced a monthly dividend, which was paid on Thursday, March 5th. Investors of record on Monday, March 2nd were issued a dividend of $0.214 per share. The ex-dividend date was Monday, March 2nd. This represents a c) annualized dividend and a yield of 4.8%. This is a boost from iShares 5-10 Year Investment Grade Corporate Bond ETF’s previous monthly dividend of $0.21.

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.