OLD Mission Capital LLC Invests $524,000 in iShares 5-10 Year Investment Grade Corporate Bond ETF (NASDAQ:IGIB)

OLD Mission Capital LLC bought a new stake in shares of iShares 5-10 Year Investment Grade Corporate Bond ETF (NASDAQ:IGIB) in the fourth quarter, Holdings Channel.com reports. The fund bought 10,164 shares of the company’s stock, valued at approximately $524,000.

A number of other hedge funds have also recently made changes to their positions in the stock. JPMorgan Chase & Co. boosted its position in iShares 5-10 Year Investment Grade Corporate Bond ETF by 133.5% in the 3rd quarter. JPMorgan Chase & Co. now owns 2,447,483 shares of the company’s stock valued at $131,479,000 after buying an additional 1,399,131 shares during the period. Sumitomo Mitsui Trust Group Inc. boosted its holdings in shares of iShares 5-10 Year Investment Grade Corporate Bond ETF by 30.2% in the fourth quarter. Sumitomo Mitsui Trust Group Inc. now owns 435,600 shares of the company’s stock valued at $22,438,000 after purchasing an additional 101,092 shares during the period. One Capital Management LLC grew its stake in iShares 5-10 Year Investment Grade Corporate Bond ETF by 1.3% in the fourth quarter. One Capital Management LLC now owns 4,548,612 shares of the company’s stock worth $234,299,000 after purchasing an additional 57,363 shares in the last quarter. SBI Securities Co. Ltd. purchased a new position in iShares 5-10 Year Investment Grade Corporate Bond ETF during the 4th quarter worth $28,000. Finally, General Partner Inc. bought a new stake in iShares 5-10 Year Investment Grade Corporate Bond ETF during the 4th quarter valued at $86,000. 76.98% of the stock is currently owned by institutional investors.

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

IGIB opened at $52.52 on Friday. iShares 5-10 Year Investment Grade Corporate Bond ETF has a 12-month low of $49.91 and a 12-month high of $54.10. The business’s fifty day simple moving average is $52.17 and its 200-day simple moving average is $52.25.

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

The firm also recently announced a monthly dividend, which was paid on Friday, April 4th. Shareholders of record on Tuesday, April 1st were issued a dividend of $0.2004 per share. This represents a $2.41 annualized dividend and a yield of 4.58%. This is a boost from iShares 5-10 Year Investment Grade Corporate Bond ETF’s previous monthly dividend of $0.19. The ex-dividend date of this dividend was Tuesday, 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.