Fisher Asset Management LLC Sells 7,715 Shares of iShares 5-10 Year Investment Grade Corporate Bond ETF (NASDAQ:IGIB)

Fisher Asset Management LLC trimmed its position in shares of iShares 5-10 Year Investment Grade Corporate Bond ETF (NASDAQ:IGIB) by 7.5% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 94,613 shares of the company’s stock after selling 7,715 shares during the period. Fisher Asset Management LLC’s holdings in iShares 5-10 Year Investment Grade Corporate Bond ETF were worth $5,083,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. WestEnd Advisors LLC bought a new position in shares of iShares 5-10 Year Investment Grade Corporate Bond ETF during the third quarter valued at about $25,000. 1620 Investment Advisors Inc. bought a new position in iShares 5-10 Year Investment Grade Corporate Bond ETF in the second quarter worth about $35,000. Olistico Wealth LLC bought a new position in iShares 5-10 Year Investment Grade Corporate Bond ETF in the second quarter worth about $55,000. Centennial Bank AR bought a new position in iShares 5-10 Year Investment Grade Corporate Bond ETF in the third quarter worth about $66,000. Finally, S.A. Mason LLC bought a new position in iShares 5-10 Year Investment Grade Corporate Bond ETF in the third quarter worth about $92,000. 76.98% of the stock is owned by institutional investors.

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

IGIB stock opened at $52.49 on Friday. iShares 5-10 Year Investment Grade Corporate Bond ETF has a 1 year low of $49.87 and a 1 year high of $54.10. The firm has a 50-day moving average of $52.69 and a 200 day moving average of $52.30.

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

The business also recently declared a monthly dividend, which was paid on Wednesday, November 6th. Investors of record on Friday, November 1st were paid a $0.1939 dividend. This is an increase from iShares 5-10 Year Investment Grade Corporate Bond ETF’s previous monthly dividend of $0.19. This represents a $2.33 dividend on an annualized basis and a yield of 4.43%. The ex-dividend date of this dividend was Friday, November 1st.

iShares 5-10 Year Investment Grade Corporate Bond ETF 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.