White Pine Capital LLC Buys 2,216 Shares of iShares 5-10 Year Investment Grade Corporate Bond ETF (NASDAQ:IGIB)

White Pine Capital LLC grew its stake in shares of iShares 5-10 Year Investment Grade Corporate Bond ETF (NASDAQ:IGIB) by 17.0% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 15,270 shares of the company’s stock after acquiring an additional 2,216 shares during the period. White Pine Capital LLC’s holdings in iShares 5-10 Year Investment Grade Corporate Bond ETF were worth $794,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of IGIB. EverSource Wealth Advisors LLC increased its position in shares of iShares 5-10 Year Investment Grade Corporate Bond ETF by 167.1% in the third quarter. EverSource Wealth Advisors LLC now owns 617 shares of the company’s stock worth $30,000 after purchasing an additional 386 shares during the last quarter. Private Trust Co. NA increased its position in shares of iShares 5-10 Year Investment Grade Corporate Bond ETF by 23.9% in the third quarter. Private Trust Co. NA now owns 2,189 shares of the company’s stock worth $106,000 after purchasing an additional 422 shares during the last quarter. Meritage Portfolio Management increased its position in shares of iShares 5-10 Year Investment Grade Corporate Bond ETF by 1.0% in the third quarter. Meritage Portfolio Management now owns 79,244 shares of the company’s stock worth $3,855,000 after purchasing an additional 762 shares during the last quarter. SWS Partners increased its position in shares of iShares 5-10 Year Investment Grade Corporate Bond ETF by 2.0% in the third quarter. SWS Partners now owns 46,434 shares of the company’s stock worth $2,259,000 after purchasing an additional 892 shares during the last quarter. Finally, Cary Street Partners Investment Advisory LLC increased its position in shares of iShares 5-10 Year Investment Grade Corporate Bond ETF by 6.9% in the third quarter. Cary Street Partners Investment Advisory LLC now owns 17,220 shares of the company’s stock worth $838,000 after purchasing an additional 1,106 shares during the last quarter. 76.98% of the stock is currently owned by institutional investors.

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

Shares of IGIB stock traded up $0.12 during trading on Friday, hitting $50.26. The company had a trading volume of 1,560,098 shares, compared to its average volume of 1,851,031. The stock’s 50-day moving average is $51.00 and its two-hundred day moving average is $50.57. iShares 5-10 Year Investment Grade Corporate Bond ETF has a 52 week low of $47.27 and a 52 week high of $52.25.

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

The firm also recently declared a monthly dividend, which was paid on Friday, April 5th. Shareholders of record on Tuesday, April 2nd were given a dividend of $0.187 per share. This represents a $2.24 dividend on an annualized basis and a yield of 4.46%. The ex-dividend date of this dividend was Monday, April 1st.

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.