Asio Capital LLC Lowers Stock Holdings in iShares 5-10 Year Investment Grade Corporate Bond ETF (NASDAQ:IGIB)

Asio Capital LLC decreased its stake in shares of iShares 5-10 Year Investment Grade Corporate Bond ETF (NASDAQ:IGIB) by 47.4% in the fourth quarter, Holdings Channel reports. The institutional investor owned 115,702 shares of the company’s stock after selling 104,065 shares during the quarter. iShares 5-10 Year Investment Grade Corporate Bond ETF accounts for about 1.1% of Asio Capital LLC’s holdings, making the stock its 24th biggest position. Asio Capital LLC’s holdings in iShares 5-10 Year Investment Grade Corporate Bond ETF were worth $5,960,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also added to or reduced their stakes in the company. Janney Montgomery Scott LLC boosted its stake in iShares 5-10 Year Investment Grade Corporate Bond ETF by 12.6% in the 4th quarter. Janney Montgomery Scott LLC now owns 660,447 shares of the company’s stock worth $34,020,000 after purchasing an additional 73,706 shares in the last quarter. Bartlett & CO. Wealth Management LLC grew its holdings in shares of iShares 5-10 Year Investment Grade Corporate Bond ETF by 1.8% during the fourth quarter. Bartlett & CO. Wealth Management LLC now owns 123,688 shares of the company’s stock valued at $6,371,000 after buying an additional 2,240 shares during the last quarter. MassMutual Private Wealth & Trust FSB increased its position in shares of iShares 5-10 Year Investment Grade Corporate Bond ETF by 205.3% during the fourth quarter. MassMutual Private Wealth & Trust FSB now owns 1,160 shares of the company’s stock valued at $60,000 after acquiring an additional 780 shares in the last quarter. Sanibel Captiva Trust Company Inc. purchased a new position in iShares 5-10 Year Investment Grade Corporate Bond ETF in the 4th quarter worth approximately $319,000. Finally, City State Bank lifted its position in iShares 5-10 Year Investment Grade Corporate Bond ETF by 3.4% in the 4th quarter. City State Bank now owns 82,015 shares of the company’s stock valued at $4,225,000 after acquiring an additional 2,660 shares in the last quarter. 76.98% of the stock is owned by institutional investors.

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

iShares 5-10 Year Investment Grade Corporate Bond ETF stock opened at $51.61 on Friday. iShares 5-10 Year Investment Grade Corporate Bond ETF has a 12 month low of $49.90 and a 12 month high of $54.10. The stock has a fifty day simple moving average of $51.83 and a two-hundred day simple moving average of $52.44.

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

The business also recently declared a dividend, which was paid on Monday, December 23rd. Stockholders of record on Wednesday, December 18th were issued a dividend of $0.1996 per share. The ex-dividend date was Wednesday, December 18th. This is an increase from iShares 5-10 Year Investment Grade Corporate Bond ETF’s previous dividend of $0.19.

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.