Mittelman Wealth Management Has $9.65 Million Stock Position in iShares 5-10 Year Investment Grade Corporate Bond ETF (NASDAQ:IGIB)

Mittelman Wealth Management lifted its stake in iShares 5-10 Year Investment Grade Corporate Bond ETF (NASDAQ:IGIB) by 5.3% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 188,175 shares of the company’s stock after purchasing an additional 9,522 shares during the period. iShares 5-10 Year Investment Grade Corporate Bond ETF comprises about 6.3% of Mittelman Wealth Management’s investment portfolio, making the stock its 5th largest position. Mittelman Wealth Management owned 0.07% of iShares 5-10 Year Investment Grade Corporate Bond ETF worth $9,646,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors also recently added to or reduced their stakes in IGIB. JARISLOWSKY FRASER Ltd bought a new position in iShares 5-10 Year Investment Grade Corporate Bond ETF in the 4th quarter worth about $212,000. BNP Paribas bought a new position in iShares 5-10 Year Investment Grade Corporate Bond ETF in the first quarter worth approximately $13,032,000. Vantage Financial Partners LLC purchased a new position in iShares 5-10 Year Investment Grade Corporate Bond ETF during the 4th quarter worth $1,125,000. Jones Financial Companies Lllp raised its position in iShares 5-10 Year Investment Grade Corporate Bond ETF by 70.2% during the 4th quarter. Jones Financial Companies Lllp now owns 152,702 shares of the company’s stock valued at $7,941,000 after purchasing an additional 62,976 shares in the last quarter. Finally, SWS Partners lifted its holdings in shares of iShares 5-10 Year Investment Grade Corporate Bond ETF by 6.1% in the 4th quarter. SWS Partners now owns 49,285 shares of the company’s stock worth $2,563,000 after buying an additional 2,851 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 Performance

Shares of iShares 5-10 Year Investment Grade Corporate Bond ETF stock opened at $53.73 on Thursday. The stock’s fifty day moving average price is $52.76 and its 200-day moving average price is $51.66. iShares 5-10 Year Investment Grade Corporate Bond ETF has a 12 month low of $47.27 and a 12 month high of $54.10.

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

The firm also recently announced a dividend, which was paid on Friday, September 6th. Shareholders of record on Tuesday, September 3rd were given a dividend of $0.192 per share. The ex-dividend date was Tuesday, September 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.