Creative Financial Designs Inc. ADV Has $29,000 Stock Position in iShares 5-10 Year Investment Grade Corporate Bond ETF (NASDAQ:IGIB)

Creative Financial Designs Inc. ADV increased its position in iShares 5-10 Year Investment Grade Corporate Bond ETF (NASDAQ:IGIB) by 1,162.8% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 543 shares of the company’s stock after buying an additional 500 shares during the period. Creative Financial Designs Inc. ADV’s holdings in iShares 5-10 Year Investment Grade Corporate Bond ETF were worth $29,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in IGIB. Cambridge Investment Research Advisors Inc. boosted its holdings in iShares 5-10 Year Investment Grade Corporate Bond ETF by 59.9% in the first quarter. Cambridge Investment Research Advisors Inc. now owns 99,673 shares of the company’s stock worth $5,235,000 after acquiring an additional 37,335 shares in the last quarter. NBC Securities Inc. increased its holdings in shares of iShares 5-10 Year Investment Grade Corporate Bond ETF by 116,100.0% during the first quarter. NBC Securities Inc. now owns 2,324 shares of the company’s stock valued at $122,000 after acquiring an additional 2,322 shares in the last quarter. SBI Securities Co. Ltd. acquired a new position in shares of iShares 5-10 Year Investment Grade Corporate Bond ETF during the fourth quarter worth approximately $28,000. One Capital Management LLC lifted its holdings in shares of iShares 5-10 Year Investment Grade Corporate Bond ETF by 1.3% in the 4th quarter. One Capital Management LLC now owns 4,548,612 shares of the company’s stock worth $234,299,000 after purchasing an additional 57,363 shares in the last quarter. Finally, Montecito Bank & Trust grew its position in iShares 5-10 Year Investment Grade Corporate Bond ETF by 4.0% in the 1st quarter. Montecito Bank & Trust now owns 38,343 shares of the company’s stock valued at $2,014,000 after purchasing an additional 1,466 shares during the period. 76.98% of the stock is owned by institutional investors.

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

Shares of IGIB stock opened at $53.29 on Tuesday. The firm has a fifty day simple moving average of $52.29 and a two-hundred day simple moving average of $52.01. iShares 5-10 Year Investment Grade Corporate Bond ETF has a 12 month low of $50.52 and a 12 month high of $54.10.

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

The firm also recently disclosed a monthly dividend, which was paid on Thursday, June 5th. Stockholders of record on Monday, June 2nd were issued a dividend of $0.2021 per share. This represents a $2.42 dividend on an annualized basis and a dividend yield of 4.55%. The ex-dividend date of this dividend was Monday, June 2nd.

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.