SBI Securities Co. Ltd. Takes $28,000 Position in iShares 5-10 Year Investment Grade Corporate Bond ETF (NASDAQ:IGIB)

SBI Securities Co. Ltd. acquired a new stake in shares of iShares 5-10 Year Investment Grade Corporate Bond ETF (NASDAQ:IGIB) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 547 shares of the company’s stock, valued at approximately $28,000.

Several other institutional investors and hedge funds have also recently modified their holdings of IGIB. JPMorgan Chase & Co. raised its position in shares of iShares 5-10 Year Investment Grade Corporate Bond ETF by 133.5% during the third 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 during the last quarter. BNP Paribas Financial Markets raised its position in shares of iShares 5-10 Year Investment Grade Corporate Bond ETF by 18,741.6% during the third quarter. BNP Paribas Financial Markets now owns 331,800 shares of the company’s stock valued at $17,824,000 after buying an additional 330,039 shares during the last quarter. MFA Wealth Advisors LLC bought a new stake in shares of iShares 5-10 Year Investment Grade Corporate Bond ETF during the fourth quarter valued at approximately $14,918,000. Bank of New York Mellon Corp raised its position in shares of 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 buying an additional 219,961 shares during the last quarter. Finally, Jones Financial Companies Lllp raised its position in shares of iShares 5-10 Year Investment Grade Corporate Bond ETF by 35.6% during the fourth quarter. Jones Financial Companies Lllp now owns 437,199 shares of the company’s stock valued at $22,520,000 after buying an additional 114,724 shares during the last quarter. Institutional investors own 76.98% of the company’s stock.

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

Shares of IGIB opened at $52.01 on Thursday. The company’s fifty day moving average is $51.83 and its 200 day moving average is $52.38. 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 company also recently disclosed a dividend, which was paid on Thursday, March 6th. Shareholders of record on Monday, March 3rd were given a dividend of $0.1981 per share. This is a boost from iShares 5-10 Year Investment Grade Corporate Bond ETF’s previous dividend of $0.20. The ex-dividend date of this dividend was Monday, March 3rd.

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.