Fifth Third Securities Inc. Buys New Position in iShares 5-10 Year Investment Grade Corporate Bond ETF (NASDAQ:IGIB)

Fifth Third Securities Inc. purchased a new position in shares of iShares 5-10 Year Investment Grade Corporate Bond ETF (NASDAQ:IGIB) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 8,953 shares of the company’s stock, valued at approximately $461,000.

A number of other institutional investors and hedge funds have also bought and sold shares of IGIB. JPMorgan Chase & Co. boosted its holdings in 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 worth $131,479,000 after acquiring an additional 1,399,131 shares during the last quarter. Klaas Financial Asset Advisors LLC boosted 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 worth $77,948,000 after purchasing an additional 9,126 shares during the last quarter. Haverford Trust Co grew its position in iShares 5-10 Year Investment Grade Corporate Bond ETF by 3.4% in the 3rd 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 in the last quarter. Greenwood Gearhart Inc. grew its position in iShares 5-10 Year Investment Grade Corporate Bond ETF by 6.2% in the 3rd 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. Finally, TD Private Client Wealth LLC increased its stake in iShares 5-10 Year Investment Grade Corporate Bond ETF by 12.8% in the 3rd quarter. TD Private Client Wealth LLC now owns 808,098 shares of the company’s stock valued at $43,411,000 after buying an additional 91,761 shares during the last quarter. 76.98% of the stock is owned by hedge funds and other institutional investors.

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

Shares of NASDAQ IGIB opened at $51.87 on Friday. The stock’s 50 day moving average price is $51.82 and its 200-day moving average price is $52.44. iShares 5-10 Year Investment Grade Corporate Bond ETF has a twelve month low of $49.90 and a twelve month high of $54.10.

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

The firm also recently declared a dividend, which was paid on Monday, December 23rd. Investors of record on Wednesday, December 18th were issued a dividend of $0.1996 per share. This is a positive change from iShares 5-10 Year Investment Grade Corporate Bond ETF’s previous dividend of $0.19. The ex-dividend date of this dividend was Wednesday, December 18th.

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.