iShares 5-10 Year Investment Grade Corporate Bond ETF (NASDAQ:IGIB) Short Interest Update

iShares 5-10 Year Investment Grade Corporate Bond ETF (NASDAQ:IGIB) was the target of a significant increase in short interest in September. As of September 30th, there was short interest totalling 989,500 shares, an increase of 7.2% from the September 15th total of 922,700 shares. Based on an average daily volume of 2,021,100 shares, the short-interest ratio is presently 0.5 days.

Institutional Trading of iShares 5-10 Year Investment Grade Corporate Bond ETF

Several institutional investors and hedge funds have recently bought and sold shares of IGIB. One Capital Management LLC grew its stake in iShares 5-10 Year Investment Grade Corporate Bond ETF by 18.6% in the second quarter. One Capital Management LLC now owns 3,956,402 shares of the company’s stock valued at $202,805,000 after purchasing an additional 619,092 shares in the last quarter. Haverford Trust Co increased its holdings in iShares 5-10 Year Investment Grade Corporate Bond ETF by 4.9% during the first quarter. Haverford Trust Co now owns 1,061,812 shares of the company’s stock worth $54,790,000 after buying an additional 49,816 shares during the last quarter. Greenwood Gearhart Inc. raised its position in iShares 5-10 Year Investment Grade Corporate Bond ETF by 2.8% during the second quarter. Greenwood Gearhart Inc. now owns 1,037,024 shares of the company’s stock worth $53,158,000 after acquiring an additional 27,782 shares in the last quarter. BNP Paribas Financial Markets lifted its stake in iShares 5-10 Year Investment Grade Corporate Bond ETF by 7,287.0% in the first quarter. BNP Paribas Financial Markets now owns 426,749 shares of the company’s stock valued at $22,020,000 after acquiring an additional 420,972 shares during the last quarter. Finally, Graypoint LLC lifted its stake in iShares 5-10 Year Investment Grade Corporate Bond ETF by 20.7% in the second quarter. Graypoint LLC now owns 412,178 shares of the company’s stock valued at $21,128,000 after acquiring an additional 70,629 shares during the last quarter. Institutional investors own 76.98% of the company’s stock.

iShares 5-10 Year Investment Grade Corporate Bond ETF Trading Up 0.2 %

Shares of IGIB stock opened at $53.19 on Thursday. The firm’s fifty day moving average price is $53.29 and its two-hundred day moving average price is $51.94. iShares 5-10 Year Investment Grade Corporate Bond ETF has a 1 year low of $47.27 and a 1 year high of $54.10.

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

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

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.