iShares 5-10 Year Investment Grade Corporate Bond ETF (NASDAQ:IGIB) Shares Sold by BNP Paribas Financial Markets

BNP Paribas Financial Markets lowered its position in shares of iShares 5-10 Year Investment Grade Corporate Bond ETF (NASDAQ:IGIB) by 47.2% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 175,275 shares of the company’s stock after selling 156,525 shares during the period. BNP Paribas Financial Markets’ holdings in iShares 5-10 Year Investment Grade Corporate Bond ETF were worth $9,028,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. One Capital Management LLC increased its position in shares of iShares 5-10 Year Investment Grade Corporate Bond ETF by 1.3% during the fourth quarter. One Capital Management LLC now owns 4,548,612 shares of the company’s stock worth $234,299,000 after purchasing an additional 57,363 shares in the last quarter. Ameriprise Financial Inc. increased its position in shares of iShares 5-10 Year Investment Grade Corporate Bond ETF by 3.3% during the fourth quarter. Ameriprise Financial Inc. now owns 4,283,422 shares of the company’s stock worth $220,612,000 after purchasing an additional 137,095 shares in the last quarter. Bank of New York Mellon Corp increased its position in shares of iShares 5-10 Year Investment Grade Corporate Bond ETF by 13.9% during the fourth quarter. Bank of New York Mellon Corp now owns 1,799,643 shares of the company’s stock worth $92,700,000 after purchasing an additional 219,961 shares in the last quarter. Klaas Financial Asset Advisors LLC increased its position in shares of iShares 5-10 Year Investment Grade Corporate Bond ETF by 0.6% during the fourth quarter. Klaas Financial Asset Advisors LLC now owns 1,513,256 shares of the company’s stock worth $77,948,000 after purchasing an additional 9,126 shares in the last quarter. Finally, Greenwood Gearhart Inc. increased its position in shares of iShares 5-10 Year Investment Grade Corporate Bond ETF by 20.8% during the fourth quarter. Greenwood Gearhart Inc. now owns 1,329,506 shares of the company’s stock worth $68,483,000 after purchasing an additional 228,493 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 Performance

Shares of IGIB stock opened at $51.94 on Monday. iShares 5-10 Year Investment Grade Corporate Bond ETF has a 52-week low of $50.52 and a 52-week high of $54.10. The stock’s 50-day moving average price is $52.06 and its 200 day moving average price is $51.99.

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

The business also recently declared a monthly dividend, which was paid on Tuesday, May 6th. Investors of record on Thursday, May 1st were given a $0.2025 dividend. This represents a $2.43 annualized dividend and a yield of 4.68%. The ex-dividend date was Thursday, May 1st. This is a boost from iShares 5-10 Year Investment Grade Corporate Bond ETF’s previous monthly dividend of $0.20.

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.