Fisher Asset Management LLC Raises Stock Position in iShares 5-10 Year Investment Grade Corporate Bond ETF (NASDAQ:IGIB)

Fisher Asset Management LLC boosted its position in iShares 5-10 Year Investment Grade Corporate Bond ETF (NASDAQ:IGIB) by 568.8% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 84,077 shares of the company’s stock after purchasing an additional 71,506 shares during the quarter. Fisher Asset Management LLC’s holdings in iShares 5-10 Year Investment Grade Corporate Bond ETF were worth $4,372,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently bought and sold shares of the company. Vermillion & White Wealth Management Group LLC purchased a new stake in shares of iShares 5-10 Year Investment Grade Corporate Bond ETF in the fourth quarter worth $36,000. Cary Street Partners Investment Advisory LLC raised its stake in iShares 5-10 Year Investment Grade Corporate Bond ETF by 6.9% in the third quarter. Cary Street Partners Investment Advisory LLC now owns 17,220 shares of the company’s stock valued at $838,000 after purchasing an additional 1,106 shares in the last quarter. Kozak & Associates Inc. bought a new stake in iShares 5-10 Year Investment Grade Corporate Bond ETF during the fourth quarter valued at approximately $67,000. Transcend Capital Advisors LLC grew its stake in iShares 5-10 Year Investment Grade Corporate Bond ETF by 20.8% in the 4th quarter. Transcend Capital Advisors LLC now owns 10,079 shares of the company’s stock worth $524,000 after buying an additional 1,737 shares in the last quarter. Finally, White Pine Capital LLC increased its holdings in shares of iShares 5-10 Year Investment Grade Corporate Bond ETF by 17.0% in the 4th quarter. White Pine Capital LLC now owns 15,270 shares of the company’s stock worth $794,000 after buying an additional 2,216 shares during the last quarter. 76.98% of the stock is owned by institutional investors.

iShares 5-10 Year Investment Grade Corporate Bond ETF Stock Down 0.3 %

NASDAQ IGIB opened at $51.49 on Friday. iShares 5-10 Year Investment Grade Corporate Bond ETF has a 52-week low of $47.27 and a 52-week high of $52.25. The company has a fifty day moving average of $50.87 and a 200-day moving average of $51.18.

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

The company also recently disclosed a monthly dividend, which was paid on Friday, June 7th. Stockholders of record on Monday, June 3rd were given a dividend of $0.1896 per share. The ex-dividend date of this dividend was Monday, June 3rd. This represents a $2.28 annualized dividend and a dividend yield of 4.42%.

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.