6,200 Shares in iShares 5-10 Year Investment Grade Corporate Bond ETF (NASDAQ:IGIB) Bought by Sanibel Captiva Trust Company Inc.

Sanibel Captiva Trust Company Inc. bought a new stake in iShares 5-10 Year Investment Grade Corporate Bond ETF (NASDAQ:IGIB) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 6,200 shares of the company’s stock, valued at approximately $319,000.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Vicus Capital boosted its stake in iShares 5-10 Year Investment Grade Corporate Bond ETF by 3.1% in the 3rd quarter. Vicus Capital now owns 12,705 shares of the company’s stock worth $683,000 after purchasing an additional 387 shares during the period. WestEnd Advisors LLC acquired a new stake in shares of iShares 5-10 Year Investment Grade Corporate Bond ETF in the 3rd quarter valued at about $25,000. Tilia Fiduciary Partners Inc. lifted its holdings in shares of iShares 5-10 Year Investment Grade Corporate Bond ETF by 5.9% in the fourth quarter. Tilia Fiduciary Partners Inc. now owns 16,682 shares of the company’s stock valued at $859,000 after purchasing an additional 929 shares in the last quarter. Rebalance LLC boosted its position in shares of iShares 5-10 Year Investment Grade Corporate Bond ETF by 0.6% during the third quarter. Rebalance LLC now owns 170,103 shares of the company’s stock worth $9,138,000 after buying an additional 942 shares during the period. Finally, Arkadios Wealth Advisors grew its holdings in shares of iShares 5-10 Year Investment Grade Corporate Bond ETF by 12.0% during the third quarter. Arkadios Wealth Advisors now owns 9,511 shares of the company’s stock worth $511,000 after buying an additional 1,019 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 Performance

NASDAQ IGIB opened at $51.50 on Monday. iShares 5-10 Year Investment Grade Corporate Bond ETF has a 52 week low of $49.90 and a 52 week high of $54.10. The stock’s 50 day moving average price is $51.87 and its two-hundred day moving average price is $52.45.

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

The firm also recently disclosed a dividend, which was paid on Monday, December 23rd. Stockholders of record on Wednesday, December 18th were given a $0.1996 dividend. The ex-dividend date of this dividend was Wednesday, December 18th. This is a positive change 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 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.