iShares 5-10 Year Investment Grade Corporate Bond ETF (NASDAQ:IGIB) Short Interest Down 80.5% in July

iShares 5-10 Year Investment Grade Corporate Bond ETF (NASDAQ:IGIB) saw a significant decline in short interest in the month of July. As of July 31st, there was short interest totaling 533,232 shares, a decline of 80.5% from the July 15th total of 2,735,078 shares. Based on an average daily volume of 2,446,157 shares, the short-interest ratio is presently 0.2 days. Currently, 0.2% of the company’s shares are sold short.

iShares 5-10 Year Investment Grade Corporate Bond ETF Trading Up 0.0%

NASDAQ:IGIB opened at $52.18 on Wednesday. The company’s 50-day moving average is $52.71 and its two-hundred day moving average is $53.24. iShares 5-10 Year Investment Grade Corporate Bond ETF has a 1-year low of $52.12 and a 1-year high of $54.58.

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

The firm also recently disclosed a monthly dividend, which was paid on Thursday, August 6th. Investors of record on Monday, August 3rd were given a $0.22 dividend. This represents a c) annualized dividend and a yield of 5.1%. The ex-dividend date was Monday, August 3rd.

Institutional Investors Weigh In On iShares 5-10 Year Investment Grade Corporate Bond ETF

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. NewEdge Advisors LLC grew its holdings in shares of iShares 5-10 Year Investment Grade Corporate Bond ETF by 1.2% during the 2nd quarter. NewEdge Advisors LLC now owns 140,302 shares of the company’s stock worth $7,477,000 after purchasing an additional 1,660 shares during the period. IHT Wealth Management LLC raised its holdings in iShares 5-10 Year Investment Grade Corporate Bond ETF by 8.5% in the 2nd quarter. IHT Wealth Management LLC now owns 39,751 shares of the company’s stock valued at $2,118,000 after buying an additional 3,122 shares during the period. BNP Paribas Financial Markets raised its holdings in iShares 5-10 Year Investment Grade Corporate Bond ETF by 103,318.8% in the 3rd quarter. BNP Paribas Financial Markets now owns 187,188 shares of the company’s stock valued at $10,125,000 after buying an additional 187,007 shares during the period. Horizon Investments LLC lifted its position in iShares 5-10 Year Investment Grade Corporate Bond ETF by 1.9% in the third quarter. Horizon Investments LLC now owns 1,059,071 shares of the company’s stock valued at $56,840,000 after buying an additional 19,394 shares during the last quarter. Finally, One Capital Management LLC lifted its position in iShares 5-10 Year Investment Grade Corporate Bond ETF by 10.7% in the third quarter. One Capital Management LLC now owns 5,008,290 shares of the company’s stock valued at $270,898,000 after buying an additional 482,449 shares during the last quarter. Hedge funds and other institutional investors own 76.98% of the company’s stock.

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.