Essential Partners LLC Takes $783,000 Position in iShares 5-10 Year Investment Grade Corporate Bond ETF $IGIB

Essential Partners LLC acquired a new position in shares of iShares 5-10 Year Investment Grade Corporate Bond ETF (NASDAQ:IGIB) in the first quarter, Holdings Channel.com reports. The fund acquired 14,720 shares of the company’s stock, valued at approximately $783,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in IGIB. Strategic Investment Advisors MI increased its stake in iShares 5-10 Year Investment Grade Corporate Bond ETF by 15.5% in the first quarter. Strategic Investment Advisors MI now owns 41,270 shares of the company’s stock valued at $2,197,000 after acquiring an additional 5,533 shares during the last quarter. EverSource Wealth Advisors LLC raised its position in iShares 5-10 Year Investment Grade Corporate Bond ETF by 88.0% during the first quarter. EverSource Wealth Advisors LLC now owns 6,121 shares of the company’s stock valued at $326,000 after purchasing an additional 2,866 shares in the last quarter. Mittelman Wealth Management lifted its stake in iShares 5-10 Year Investment Grade Corporate Bond ETF by 9.0% during the first quarter. Mittelman Wealth Management now owns 213,856 shares of the company’s stock worth $11,381,000 after purchasing an additional 17,623 shares during the last quarter. RMG Wealth Management LLC purchased a new position in shares of iShares 5-10 Year Investment Grade Corporate Bond ETF in the 1st quarter worth about $57,452,000. Finally, Madison Asset Management LLC boosted its holdings in shares of iShares 5-10 Year Investment Grade Corporate Bond ETF by 63.0% in the 1st quarter. Madison Asset Management LLC now owns 400,916 shares of the company’s stock worth $21,337,000 after purchasing an additional 154,955 shares in the last quarter. 76.98% of the stock is currently owned by hedge funds and other institutional investors.

iShares 5-10 Year Investment Grade Corporate Bond ETF Trading Up 0.2%

Shares of iShares 5-10 Year Investment Grade Corporate Bond ETF stock opened at $52.35 on Friday. iShares 5-10 Year Investment Grade Corporate Bond ETF has a 12 month low of $52.15 and a 12 month high of $54.58. The business’s 50-day moving average price is $52.83 and its 200-day moving average price is $53.33.

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

The firm also recently declared a dividend, which was paid on Tuesday, July 7th. Shareholders of record on Wednesday, July 1st were given a dividend of $0.2155 per share. The ex-dividend date was Wednesday, July 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.