iShares 5-10 Year Investment Grade Corporate Bond ETF (NASDAQ:IGIB) Plans Monthly Dividend of $0.19

iShares 5-10 Year Investment Grade Corporate Bond ETF (NASDAQ:IGIB) declared a monthly dividend on Thursday, October 31st, NASDAQ reports. Stockholders of record on Friday, November 1st will be paid a dividend of 0.1939 per share on Wednesday, November 6th. This represents a $2.33 dividend on an annualized basis and a dividend yield of 4.49%. The ex-dividend date is Friday, November 1st. This is a boost from iShares 5-10 Year Investment Grade Corporate Bond ETF’s previous monthly dividend of $0.19.

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

Shares of NASDAQ:IGIB traded down $0.39 during trading on Friday, reaching $51.85. 1,132,667 shares of the stock were exchanged, compared to its average volume of 1,944,605. iShares 5-10 Year Investment Grade Corporate Bond ETF has a 1-year low of $48.30 and a 1-year high of $54.10. The stock has a fifty day moving average of $53.22 and a two-hundred day moving average of $52.06.

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.