Moloney Securities Asset Management LLC Makes New $271,000 Investment in iShares 5-10 Year Investment Grade Corporate Bond ETF (NASDAQ:IGIB)

Moloney Securities Asset Management LLC acquired a new position in iShares 5-10 Year Investment Grade Corporate Bond ETF (NASDAQ:IGIB) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 5,254 shares of the company’s stock, valued at approximately $271,000.

A number of other institutional investors also recently made changes to their positions in IGIB. Sumitomo Mitsui Trust Group Inc. lifted its stake in iShares 5-10 Year Investment Grade Corporate Bond ETF by 30.2% in the fourth quarter. Sumitomo Mitsui Trust Group Inc. now owns 435,600 shares of the company’s stock worth $22,438,000 after purchasing an additional 101,092 shares during the last quarter. Meritage Portfolio Management increased its holdings in shares of iShares 5-10 Year Investment Grade Corporate Bond ETF by 7.4% in the fourth quarter. Meritage Portfolio Management now owns 75,696 shares of the company’s stock worth $3,899,000 after buying an additional 5,183 shares during the period. Fifth Third Securities Inc. bought a new stake in shares of iShares 5-10 Year Investment Grade Corporate Bond ETF in the 4th quarter valued at about $461,000. DMC Group LLC boosted its holdings in iShares 5-10 Year Investment Grade Corporate Bond ETF by 5.3% during the 4th quarter. DMC Group LLC now owns 62,891 shares of the company’s stock valued at $3,240,000 after acquiring an additional 3,158 shares during the period. Finally, Klaas Financial Asset Advisors LLC grew its position in iShares 5-10 Year Investment Grade Corporate Bond ETF by 0.6% during the 4th quarter. Klaas Financial Asset Advisors LLC now owns 1,513,256 shares of the company’s stock worth $77,948,000 after acquiring an additional 9,126 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 Stock Up 0.1 %

Shares of iShares 5-10 Year Investment Grade Corporate Bond ETF stock opened at $51.82 on Tuesday. iShares 5-10 Year Investment Grade Corporate Bond ETF has a one year low of $49.90 and a one year high of $54.10. The business’s 50 day simple moving average is $51.75 and its two-hundred day simple moving average is $52.45.

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

The company also recently declared a dividend, which was paid on Thursday, February 6th. Investors of record on Monday, February 3rd were issued a dividend of $0.198 per share. The ex-dividend date was Monday, February 3rd.

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.