iShares 5-10 Year Investment Grade Corporate Bond ETF (NASDAQ:IGIB) Shares Purchased by Kingswood Wealth Advisors LLC

Kingswood Wealth Advisors LLC grew its holdings in shares of iShares 5-10 Year Investment Grade Corporate Bond ETF (NASDAQ:IGIB) by 235.7% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 29,889 shares of the company’s stock after purchasing an additional 20,986 shares during the quarter. Kingswood Wealth Advisors LLC’s holdings in iShares 5-10 Year Investment Grade Corporate Bond ETF were worth $1,540,000 at the end of the most recent quarter.

Several other hedge funds have also made changes to their positions in IGIB. Sunbelt Securities Inc. acquired a new position in shares of iShares 5-10 Year Investment Grade Corporate Bond ETF in the 2nd quarter valued at $154,000. RiverFront Investment Group LLC purchased a new stake in iShares 5-10 Year Investment Grade Corporate Bond ETF during the second quarter valued at about $877,000. Arkansas Financial Group Inc. increased its position in iShares 5-10 Year Investment Grade Corporate Bond ETF by 1.4% during the 3rd quarter. Arkansas Financial Group Inc. now owns 399,695 shares of the company’s stock worth $21,472,000 after purchasing an additional 5,582 shares in the last quarter. Tilia Fiduciary Partners Inc. increased its holdings in iShares 5-10 Year Investment Grade Corporate Bond ETF by 13.2% in the 3rd quarter. Tilia Fiduciary Partners Inc. now owns 15,753 shares of the company’s stock valued at $846,000 after purchasing an additional 1,843 shares in the last quarter. Finally, Asio Capital LLC grew its stake in shares of iShares 5-10 Year Investment Grade Corporate Bond ETF by 2.6% in the third quarter. Asio Capital LLC now owns 219,767 shares of the company’s stock valued at $11,806,000 after buying an additional 5,531 shares in the last quarter. Institutional investors and hedge funds own 76.98% of the company’s stock.

iShares 5-10 Year Investment Grade Corporate Bond ETF Stock Up 0.6 %

IGIB opened at $51.90 on Tuesday. iShares 5-10 Year Investment Grade Corporate Bond ETF has a twelve month low of $49.90 and a twelve month high of $54.10. The company has a fifty day simple moving average of $51.83 and a 200 day simple moving average of $52.45.

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

The business also recently announced a dividend, which was paid on Monday, December 23rd. Stockholders of record on Wednesday, December 18th were paid a $0.1996 dividend. The ex-dividend date of this dividend was Wednesday, December 18th. This is a positive change 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.