iShares 5-10 Year Investment Grade Corporate Bond ETF (NASDAQ:IGIB) is One Capital Management LLC’s Largest Position

One Capital Management LLC raised its holdings in shares of iShares 5-10 Year Investment Grade Corporate Bond ETF (NASDAQ:IGIB) by 1.3% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 4,548,612 shares of the company’s stock after buying an additional 57,363 shares during the period. iShares 5-10 Year Investment Grade Corporate Bond ETF comprises 7.8% of One Capital Management LLC’s portfolio, making the stock its largest holding. One Capital Management LLC owned 1.59% of iShares 5-10 Year Investment Grade Corporate Bond ETF worth $234,299,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in the business. JPMorgan Chase & Co. lifted its position in shares of iShares 5-10 Year Investment Grade Corporate Bond ETF by 133.5% during the 3rd quarter. JPMorgan Chase & Co. now owns 2,447,483 shares of the company’s stock valued at $131,479,000 after buying an additional 1,399,131 shares in the last quarter. Bank of New York Mellon Corp lifted its holdings in iShares 5-10 Year Investment Grade Corporate Bond ETF by 13.9% during the fourth quarter. Bank of New York Mellon Corp now owns 1,799,643 shares of the company’s stock valued at $92,700,000 after purchasing an additional 219,961 shares in the last quarter. Klaas Financial Asset Advisors LLC lifted its holdings in iShares 5-10 Year Investment Grade Corporate Bond ETF by 0.6% during the fourth quarter. Klaas Financial Asset Advisors LLC now owns 1,513,256 shares of the company’s stock valued at $77,948,000 after purchasing an additional 9,126 shares in the last quarter. Haverford Trust Co boosted its position in shares of 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 worth $60,936,000 after purchasing an additional 37,657 shares during the period. Finally, Greenwood Gearhart Inc. increased its stake in shares of iShares 5-10 Year Investment Grade Corporate Bond ETF by 6.2% in the third quarter. Greenwood Gearhart Inc. now owns 1,101,013 shares of the company’s stock worth $59,146,000 after purchasing an additional 63,989 shares in the last quarter. 76.98% of the stock is currently owned by institutional investors.

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

IGIB opened at $52.37 on Thursday. The firm’s fifty day moving average is $51.76 and its 200 day moving average is $52.41. iShares 5-10 Year Investment Grade Corporate Bond ETF has a fifty-two week low of $49.91 and a fifty-two week high of $54.10.

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

The firm also recently disclosed a dividend, which will be paid on Thursday, March 6th. Stockholders of record on Monday, March 3rd will be given a $0.1981 dividend. This is an increase from iShares 5-10 Year Investment Grade Corporate Bond ETF’s previous dividend of $0.20. The ex-dividend date of this dividend is Monday, March 3rd.

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.