iShares 5-10 Year Investment Grade Corporate Bond ETF (NASDAQ:IGIB) Shares Sold by Avior Wealth Management LLC

Avior Wealth Management LLC lowered its position in shares of iShares 5-10 Year Investment Grade Corporate Bond ETF (NASDAQ:IGIB) by 6.9% in the third quarter, Holdings Channel reports. The institutional investor owned 19,363 shares of the company’s stock after selling 1,425 shares during the period. 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 filing with the SEC.

A number of other large investors also recently bought and sold shares of the company. Transcend Capital Advisors LLC boosted its stake in shares of iShares 5-10 Year Investment Grade Corporate Bond ETF by 2.8% during the 2nd quarter. Transcend Capital Advisors LLC now owns 10,119 shares of the company’s stock worth $519,000 after purchasing an additional 279 shares during the last quarter. Vicus Capital lifted its position in iShares 5-10 Year Investment Grade Corporate Bond ETF by 3.1% during the third quarter. Vicus Capital now owns 12,705 shares of the company’s stock valued at $683,000 after buying an additional 387 shares in the last quarter. WestEnd Advisors LLC bought a new stake in shares of iShares 5-10 Year Investment Grade Corporate Bond ETF in the third quarter worth $25,000. 1620 Investment Advisors Inc. bought a new stake in shares of iShares 5-10 Year Investment Grade Corporate Bond ETF in the second quarter worth $35,000. Finally, Rebalance LLC boosted its holdings in iShares 5-10 Year Investment Grade Corporate Bond ETF by 0.6% in the third quarter. Rebalance LLC now owns 170,103 shares of the company’s stock worth $9,138,000 after purchasing an additional 942 shares during the period. Hedge funds and other institutional investors own 76.98% of the company’s stock.

iShares 5-10 Year Investment Grade Corporate Bond ETF Stock Down 0.2 %

IGIB stock opened at $52.01 on Thursday. The company has a 50-day simple moving average of $52.90 and a 200 day simple moving average of $52.25. iShares 5-10 Year Investment Grade Corporate Bond ETF has a fifty-two week low of $49.63 and a fifty-two week high of $54.10.

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

The business also recently disclosed a monthly dividend, which was paid on Wednesday, November 6th. Shareholders of record on Friday, November 1st were issued a dividend of $0.1939 per share. This represents a $2.33 annualized dividend and a yield of 4.47%. The ex-dividend date was Friday, November 1st. This is an increase 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 Company 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.