EverSource Wealth Advisors LLC Acquires 2,914 Shares of iShares 5-10 Year Investment Grade Corporate Bond ETF (NASDAQ:IGIB)

EverSource Wealth Advisors LLC raised its holdings in shares of iShares 5-10 Year Investment Grade Corporate Bond ETF (NASDAQ:IGIB) by 472.3% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 3,531 shares of the company’s stock after buying an additional 2,914 shares during the period. EverSource Wealth Advisors LLC’s holdings in iShares 5-10 Year Investment Grade Corporate Bond ETF were worth $184,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of the stock. Financial Engines Advisors L.L.C. grew its position in iShares 5-10 Year Investment Grade Corporate Bond ETF by 6.3% during the 3rd quarter. Financial Engines Advisors L.L.C. now owns 46,977,153 shares of the company’s stock worth $2,285,438,000 after acquiring an additional 2,776,987 shares during the last quarter. Allstate Corp raised its holdings in iShares 5-10 Year Investment Grade Corporate Bond ETF by 22.2% during the 3rd quarter. Allstate Corp now owns 5,105,989 shares of the company’s stock valued at $248,406,000 after buying an additional 927,321 shares during the last quarter. One Capital Management LLC grew its holdings in iShares 5-10 Year Investment Grade Corporate Bond ETF by 22.8% in the 3rd quarter. One Capital Management LLC now owns 2,626,139 shares of the company’s stock worth $127,762,000 after acquiring an additional 487,402 shares during the last quarter. Leuthold Group LLC bought a new stake in iShares 5-10 Year Investment Grade Corporate Bond ETF in the 3rd quarter worth $12,896,000. Finally, Janney Montgomery Scott LLC increased its position in shares of iShares 5-10 Year Investment Grade Corporate Bond ETF by 68.2% in the third quarter. Janney Montgomery Scott LLC now owns 374,934 shares of the company’s stock valued at $18,241,000 after acquiring an additional 152,019 shares during the period. 76.98% of the stock is owned by institutional investors.

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

Shares of iShares 5-10 Year Investment Grade Corporate Bond ETF stock traded up $0.12 during trading on Friday, reaching $51.05. 1,074,980 shares of the stock were exchanged, compared to its average volume of 1,877,232. iShares 5-10 Year Investment Grade Corporate Bond ETF has a 1 year low of $47.27 and a 1 year high of $52.25. The stock’s fifty day moving average is $50.84 and its 200 day moving average is $50.96.

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

The firm also recently announced a monthly dividend, which was paid on Tuesday, May 7th. Stockholders of record on Thursday, May 2nd were paid a dividend of $0.1837 per share. The ex-dividend date was Wednesday, May 1st. This represents a $2.20 annualized dividend and a dividend yield of 4.32%.

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.