Mittelman Wealth Management Has $6.82 Million Holdings in iShares 5-10 Year Investment Grade Corporate Bond ETF (NASDAQ:IGIB)

Mittelman Wealth Management lessened its holdings in iShares 5-10 Year Investment Grade Corporate Bond ETF (NASDAQ:IGIB) by 32.5% in the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 132,345 shares of the company’s stock after selling 63,626 shares during the period. iShares 5-10 Year Investment Grade Corporate Bond ETF accounts for approximately 6.3% of Mittelman Wealth Management’s holdings, making the stock its 7th biggest position. Mittelman Wealth Management’s holdings in iShares 5-10 Year Investment Grade Corporate Bond ETF were worth $6,817,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of the business. One Capital Management LLC boosted its stake in shares of iShares 5-10 Year Investment Grade Corporate Bond ETF by 1.3% in the fourth quarter. One Capital Management LLC now owns 4,548,612 shares of the company’s stock worth $234,299,000 after acquiring an additional 57,363 shares during the period. Ameriprise Financial Inc. lifted its holdings in iShares 5-10 Year Investment Grade Corporate Bond ETF by 3.3% in the 4th 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 boosted its stake in iShares 5-10 Year Investment Grade Corporate Bond ETF by 13.9% in the 4th 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 during the period. Klaas Financial Asset Advisors LLC boosted its stake in iShares 5-10 Year Investment Grade Corporate Bond ETF by 0.6% in the 4th 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 during the period. Finally, Greenwood Gearhart Inc. grew its holdings in iShares 5-10 Year Investment Grade Corporate Bond ETF by 20.8% during the 4th quarter. Greenwood Gearhart Inc. now owns 1,329,506 shares of the company’s stock valued at $68,483,000 after buying an additional 228,493 shares in the last quarter. 76.98% of the stock is owned by institutional investors.

iShares 5-10 Year Investment Grade Corporate Bond ETF Trading Up 0.4%

iShares 5-10 Year Investment Grade Corporate Bond ETF stock opened at $51.92 on Friday. iShares 5-10 Year Investment Grade Corporate Bond ETF has a 1 year low of $50.52 and a 1 year high of $54.10. The firm’s 50 day moving average price is $52.02 and its 200-day moving average price is $51.98.

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

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