Hexagon Capital Partners LLC Boosts Stake in iShares 5-10 Year Investment Grade Corporate Bond ETF (NASDAQ:IGIB)

Hexagon Capital Partners LLC grew its position in shares of iShares 5-10 Year Investment Grade Corporate Bond ETF (NASDAQ:IGIB) by 41.4% during the first quarter, according to its most recent filing with the SEC. The firm owned 14,699 shares of the company’s stock after acquiring an additional 4,307 shares during the period. Hexagon Capital Partners LLC’s holdings in iShares 5-10 Year Investment Grade Corporate Bond ETF were worth $758,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in IGIB. Jones Financial Companies Lllp increased its stake in shares of iShares 5-10 Year Investment Grade Corporate Bond ETF by 38.5% in the 3rd quarter. Jones Financial Companies Lllp now owns 89,726 shares of the company’s stock worth $4,365,000 after purchasing an additional 24,951 shares in the last quarter. Ameriprise Financial Inc. raised its stake in shares of iShares 5-10 Year Investment Grade Corporate Bond ETF by 2.7% during the third quarter. Ameriprise Financial Inc. now owns 3,658,619 shares of the company’s stock valued at $177,773,000 after acquiring an additional 97,724 shares in the last quarter. KPP Advisory Services LLC bought a new stake in shares of iShares 5-10 Year Investment Grade Corporate Bond ETF during the third quarter valued at approximately $260,000. Crestwood Advisors Group LLC bought a new stake in shares of iShares 5-10 Year Investment Grade Corporate Bond ETF during the third quarter valued at approximately $315,000. Finally, Greenwood Gearhart Inc. raised its stake in shares of iShares 5-10 Year Investment Grade Corporate Bond ETF by 2.0% during the third quarter. Greenwood Gearhart Inc. now owns 1,124,310 shares of the company’s stock valued at $54,698,000 after acquiring an additional 22,269 shares in the last quarter. Hedge funds and other institutional investors own 76.98% of the company’s stock.

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

Shares of iShares 5-10 Year Investment Grade Corporate Bond ETF stock traded down $0.22 on Monday, hitting $50.85. 5,625,718 shares of the company traded hands, compared to its average volume of 1,920,723. The stock’s 50 day moving average price is $51.03 and its 200-day moving average price is $51.22. 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 disclosed a dividend, which will be paid on Friday, July 5th. Investors of record on Monday, July 1st will be issued a dividend of $0.191 per share. The ex-dividend date of this dividend is Monday, July 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.