Vaughan Nelson Investment Management L.P. Acquires 675 Shares of iShares 5-10 Year Investment Grade Corporate Bond ETF (NASDAQ:IGIB)

Vaughan Nelson Investment Management L.P. lifted its position in shares of iShares 5-10 Year Investment Grade Corporate Bond ETF (NASDAQ:IGIB) by 6.0% during the first quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 11,855 shares of the company’s stock after buying an additional 675 shares during the quarter. Vaughan Nelson Investment Management L.P.’s holdings in iShares 5-10 Year Investment Grade Corporate Bond ETF were worth $612,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of IGIB. Allstate Corp lifted its stake in shares of iShares 5-10 Year Investment Grade Corporate Bond ETF by 7.3% during the 4th quarter. Allstate Corp now owns 5,476,431 shares of the company’s stock valued at $284,774,000 after buying an additional 370,442 shares in the last quarter. One Capital Management LLC lifted its stake in shares of iShares 5-10 Year Investment Grade Corporate Bond ETF by 11.6% during the 4th quarter. One Capital Management LLC now owns 2,931,466 shares of the company’s stock valued at $152,436,000 after buying an additional 305,327 shares in the last quarter. Prime Capital Investment Advisors LLC lifted its stake in iShares 5-10 Year Investment Grade Corporate Bond ETF by 130.9% in the 4th quarter. Prime Capital Investment Advisors LLC now owns 257,273 shares of the company’s stock worth $13,378,000 after purchasing an additional 145,851 shares in the last quarter. Concentric Wealth Management LLC purchased a new stake in iShares 5-10 Year Investment Grade Corporate Bond ETF in the 4th quarter worth $7,206,000. Finally, Ameriprise Financial Inc. lifted its stake in iShares 5-10 Year Investment Grade Corporate Bond ETF by 2.7% in the 3rd quarter. Ameriprise Financial Inc. now owns 3,658,619 shares of the company’s stock worth $177,773,000 after purchasing an additional 97,724 shares in the last quarter. Hedge funds and other institutional investors own 76.98% of the company’s stock.

iShares 5-10 Year Investment Grade Corporate Bond ETF Trading Up 0.5 %

Shares of IGIB stock opened at $51.08 on Wednesday. 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’s fifty day simple moving average is $51.04 and its two-hundred day simple moving average is $51.21.

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

The business also recently declared a monthly dividend, which will be paid on Friday, July 5th. Shareholders of record on Monday, July 1st will be paid a $0.191 dividend. This represents a $2.29 annualized dividend and a yield of 4.49%. The ex-dividend date of this dividend is Monday, July 1st.

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.