One Capital Management LLC raised its stake in shares of iShares 5-10 Year Investment Grade Corporate Bond ETF (NASDAQ:IGIB – Free Report) by 18.6% in the second quarter, Holdings Channel.com reports. The institutional investor owned 3,956,402 shares of the company’s stock after buying an additional 619,092 shares during the quarter. iShares 5-10 Year Investment Grade Corporate Bond ETF makes up about 6.9% of One Capital Management LLC’s holdings, making the stock its largest holding. One Capital Management LLC’s holdings in iShares 5-10 Year Investment Grade Corporate Bond ETF were worth $202,805,000 at the end of the most recent quarter.
Other hedge funds and other institutional investors have also recently modified their holdings of the company. 1620 Investment Advisors Inc. purchased a new position in iShares 5-10 Year Investment Grade Corporate Bond ETF in the second quarter worth about $35,000. Vermillion & White Wealth Management Group LLC purchased a new position in shares of iShares 5-10 Year Investment Grade Corporate Bond ETF in the fourth quarter worth approximately $36,000. Olistico Wealth LLC bought a new stake in iShares 5-10 Year Investment Grade Corporate Bond ETF during the second quarter valued at approximately $55,000. American National Bank purchased a new stake in iShares 5-10 Year Investment Grade Corporate Bond ETF during the first quarter valued at approximately $90,000. Finally, Morton Brown Family Wealth LLC bought a new position in iShares 5-10 Year Investment Grade Corporate Bond ETF in the second quarter worth approximately $129,000. 76.98% of the stock is owned by institutional investors.
iShares 5-10 Year Investment Grade Corporate Bond ETF Price Performance
Shares of IGIB stock opened at $53.77 on Monday. iShares 5-10 Year Investment Grade Corporate Bond ETF has a 1 year low of $47.27 and a 1 year high of $53.82. The firm has a fifty day moving average price of $52.63 and a 200-day moving average price of $51.61.
iShares 5-10 Year Investment Grade Corporate Bond ETF Dividend Announcement
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.
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Want to see what other hedge funds are holding IGIB? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares 5-10 Year Investment Grade Corporate Bond ETF (NASDAQ:IGIB – Free Report).
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