Avior Wealth Management LLC Decreases Holdings in iShares 5-10 Year Investment Grade Corporate Bond ETF (NASDAQ:IGIB)

Avior Wealth Management LLC reduced its position in iShares 5-10 Year Investment Grade Corporate Bond ETF (NASDAQ:IGIB) by 6.9% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 19,363 shares of the company’s stock after selling 1,425 shares during the quarter. Avior Wealth Management LLC’s holdings in iShares 5-10 Year Investment Grade Corporate Bond ETF were worth $1,040,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in IGIB. One Capital Management LLC boosted its stake in iShares 5-10 Year Investment Grade Corporate Bond ETF by 18.6% in the second quarter. One Capital Management LLC now owns 3,956,402 shares of the company’s stock valued at $202,805,000 after acquiring an additional 619,092 shares in the last quarter. Haverford Trust Co increased its holdings in iShares 5-10 Year Investment Grade Corporate Bond ETF by 3.4% in the third quarter. Haverford Trust Co now owns 1,134,321 shares of the company’s stock valued at $60,936,000 after buying an additional 37,657 shares in the last quarter. Greenwood Gearhart Inc. increased its holdings in iShares 5-10 Year Investment Grade Corporate Bond ETF by 2.8% in the second quarter. Greenwood Gearhart Inc. now owns 1,037,024 shares of the company’s stock valued at $53,158,000 after buying an additional 27,782 shares in the last quarter. Janney Montgomery Scott LLC grew its position in shares of iShares 5-10 Year Investment Grade Corporate Bond ETF by 35.2% in the third quarter. Janney Montgomery Scott LLC now owns 586,741 shares of the company’s stock valued at $31,520,000 after purchasing an additional 152,711 shares during the period. Finally, Graypoint LLC grew its position in shares of iShares 5-10 Year Investment Grade Corporate Bond ETF by 17.8% in the third quarter. Graypoint LLC now owns 485,651 shares of the company’s stock valued at $26,089,000 after purchasing an additional 73,473 shares during the period. 76.98% of the stock is owned by hedge funds and other institutional investors.

iShares 5-10 Year Investment Grade Corporate Bond ETF Stock Performance

IGIB opened at $52.01 on Thursday. iShares 5-10 Year Investment Grade Corporate Bond ETF has a twelve month low of $49.63 and a twelve month high of $54.10. The firm’s 50-day moving average price is $52.90 and its 200 day moving average price is $52.25.

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

The company also recently announced a monthly dividend, which was paid on Wednesday, November 6th. Shareholders of record on Friday, November 1st were issued a $0.1939 dividend. This represents a $2.33 annualized dividend and a yield of 4.47%. This is a positive change from iShares 5-10 Year Investment Grade Corporate Bond ETF’s previous monthly dividend of $0.19. The ex-dividend date of this dividend was Friday, November 1st.

iShares 5-10 Year Investment Grade Corporate Bond ETF Profile

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.