Burns Matteson Capital Management LLC Acquires 16,495 Shares of iShares 5-10 Year Investment Grade Corporate Bond ETF (NASDAQ:IGIB)

Burns Matteson Capital Management LLC boosted its holdings in iShares 5-10 Year Investment Grade Corporate Bond ETF (NASDAQ:IGIB) by 107.5% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 31,845 shares of the company’s stock after acquiring an additional 16,495 shares during the quarter. iShares 5-10 Year Investment Grade Corporate Bond ETF makes up approximately 0.8% of Burns Matteson Capital Management LLC’s holdings, making the stock its 26th biggest holding. Burns Matteson Capital Management LLC’s holdings in iShares 5-10 Year Investment Grade Corporate Bond ETF were worth $1,640,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. JPMorgan Chase & Co. boosted its stake in shares of iShares 5-10 Year Investment Grade Corporate Bond ETF by 133.5% in the 3rd quarter. JPMorgan Chase & Co. now owns 2,447,483 shares of the company’s stock valued at $131,479,000 after purchasing an additional 1,399,131 shares in the last quarter. Klaas Financial Asset Advisors LLC lifted its stake in iShares 5-10 Year Investment Grade Corporate Bond ETF by 0.6% in the 4th quarter. Klaas Financial Asset Advisors LLC now owns 1,513,256 shares of the company’s stock valued at $77,948,000 after purchasing an additional 9,126 shares during the last quarter. Haverford Trust Co boosted its position in iShares 5-10 Year Investment Grade Corporate Bond ETF by 3.4% in the third quarter. Haverford Trust Co now owns 1,134,321 shares of the company’s stock valued at $60,936,000 after buying an additional 37,657 shares in the last quarter. Greenwood Gearhart Inc. grew its stake in shares of iShares 5-10 Year Investment Grade Corporate Bond ETF by 6.2% during the third quarter. Greenwood Gearhart Inc. now owns 1,101,013 shares of the company’s stock worth $59,146,000 after buying an additional 63,989 shares during the last quarter. Finally, TD Private Client Wealth LLC increased its holdings in shares of iShares 5-10 Year Investment Grade Corporate Bond ETF by 12.8% during the third quarter. TD Private Client Wealth LLC now owns 808,098 shares of the company’s stock worth $43,411,000 after buying an additional 91,761 shares in the last quarter. Institutional investors own 76.98% of the company’s stock.

iShares 5-10 Year Investment Grade Corporate Bond ETF Trading Down 0.3 %

Shares of IGIB opened at $51.79 on Monday. iShares 5-10 Year Investment Grade Corporate Bond ETF has a 52 week low of $49.90 and a 52 week high of $54.10. The stock has a fifty day moving average of $51.75 and a 200-day moving average of $52.45.

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

The company also recently declared a dividend, which was paid on Thursday, February 6th. Stockholders of record on Monday, February 3rd were paid a dividend of $0.198 per share. The ex-dividend date was Monday, February 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.