NewSquare Capital LLC Increases Stake in iShares 5-10 Year Investment Grade Corporate Bond ETF (NASDAQ:IGIB)

NewSquare Capital LLC boosted its stake in iShares 5-10 Year Investment Grade Corporate Bond ETF (NASDAQ:IGIB) by 2.3% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 296,301 shares of the company’s stock after purchasing an additional 6,554 shares during the period. iShares 5-10 Year Investment Grade Corporate Bond ETF comprises 1.5% of NewSquare Capital LLC’s investment portfolio, making the stock its 12th largest position. NewSquare Capital LLC owned 0.13% of iShares 5-10 Year Investment Grade Corporate Bond ETF worth $15,408,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also bought and sold shares of the company. Diversified Portfolios Inc. grew its position in shares of iShares 5-10 Year Investment Grade Corporate Bond ETF by 360.6% in the 4th quarter. Diversified Portfolios Inc. now owns 21,050 shares of the company’s stock worth $1,095,000 after buying an additional 16,480 shares during the last quarter. Graypoint LLC grew its position in shares of iShares 5-10 Year Investment Grade Corporate Bond ETF by 62.8% in the 4th quarter. Graypoint LLC now owns 245,409 shares of the company’s stock worth $12,761,000 after buying an additional 94,656 shares during the last quarter. YHB Investment Advisors Inc. bought a new stake in shares of iShares 5-10 Year Investment Grade Corporate Bond ETF in the 4th quarter worth approximately $213,000. Prime Capital Investment Advisors LLC grew its position in shares of iShares 5-10 Year Investment Grade Corporate Bond ETF by 130.9% in the 4th quarter. Prime Capital Investment Advisors LLC now owns 257,273 shares of the company’s stock worth $13,378,000 after buying an additional 145,851 shares during the last quarter. Finally, Kozak & Associates Inc. bought a new stake in shares of iShares 5-10 Year Investment Grade Corporate Bond ETF in the 4th quarter worth approximately $67,000. 76.98% of the stock is owned by hedge funds and other institutional investors.

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

Shares of IGIB stock traded up $0.11 during trading hours on Tuesday, reaching $50.41. The company’s stock had a trading volume of 1,858,052 shares, compared to its average volume of 1,843,469. iShares 5-10 Year Investment Grade Corporate Bond ETF has a one year low of $47.27 and a one year high of $52.25. The firm’s fifty day simple moving average is $51.06 and its 200 day simple moving average is $50.53.

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

The business also recently announced a monthly dividend, which was paid on Friday, April 5th. Shareholders of record on Tuesday, April 2nd were issued a $0.187 dividend. This represents a $2.24 annualized dividend and a yield of 4.45%. The ex-dividend date was Monday, April 1st.

iShares 5-10 Year Investment Grade Corporate Bond ETF 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.