Simmons Bank Has $557,000 Holdings in iShares 5-10 Year Investment Grade Corporate Bond ETF (NASDAQ:IGIB)

Simmons Bank lowered its holdings in iShares 5-10 Year Investment Grade Corporate Bond ETF (NASDAQ:IGIB) by 4.4% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 10,711 shares of the company’s stock after selling 497 shares during the period. Simmons Bank’s holdings in iShares 5-10 Year Investment Grade Corporate Bond ETF were worth $557,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. EverSource Wealth Advisors LLC increased its holdings in iShares 5-10 Year Investment Grade Corporate Bond ETF by 167.1% during the third quarter. EverSource Wealth Advisors LLC now owns 617 shares of the company’s stock worth $30,000 after buying an additional 386 shares during the last quarter. Kozak & Associates Inc. bought a new position in iShares 5-10 Year Investment Grade Corporate Bond ETF during the fourth quarter worth about $67,000. NBC Securities Inc. acquired a new position in iShares 5-10 Year Investment Grade Corporate Bond ETF during the third quarter worth approximately $153,000. YHB Investment Advisors Inc. bought a new stake in iShares 5-10 Year Investment Grade Corporate Bond ETF in the fourth quarter valued at approximately $213,000. Finally, Diversified Portfolios Inc. bought a new stake in iShares 5-10 Year Investment Grade Corporate Bond ETF in the third quarter valued at approximately $222,000. 76.98% of the stock is currently owned by institutional investors and hedge funds.

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

Shares of NASDAQ IGIB traded down $0.09 during midday trading on Wednesday, hitting $50.81. 1,384,118 shares of the company’s stock were exchanged, compared to its average volume of 1,869,966. The company’s 50 day moving average price is $50.92 and its 200 day moving average price is $50.72. iShares 5-10 Year Investment Grade Corporate Bond ETF has a 12 month low of $47.27 and a 12 month high of $52.25.

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

The business also recently announced a monthly dividend, which was paid on Tuesday, May 7th. Stockholders of record on Thursday, May 2nd were paid a dividend of $0.1837 per share. This represents a $2.20 dividend on an annualized basis and a dividend yield of 4.34%. The ex-dividend date was Wednesday, May 1st.

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.