City State Bank Has $4.23 Million Stock Position in iShares 5-10 Year Investment Grade Corporate Bond ETF (NASDAQ:IGIB)

City State Bank boosted its stake in iShares 5-10 Year Investment Grade Corporate Bond ETF (NASDAQ:IGIB) by 3.4% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 82,015 shares of the company’s stock after buying an additional 2,660 shares during the period. iShares 5-10 Year Investment Grade Corporate Bond ETF makes up 1.5% of City State Bank’s portfolio, making the stock its 18th largest holding. City State Bank’s holdings in iShares 5-10 Year Investment Grade Corporate Bond ETF were worth $4,225,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also bought and sold shares of IGIB. JPMorgan Chase & Co. grew its position in shares of iShares 5-10 Year Investment Grade Corporate Bond ETF by 133.5% during the 3rd quarter. JPMorgan Chase & Co. now owns 2,447,483 shares of the company’s stock worth $131,479,000 after purchasing an additional 1,399,131 shares in the last quarter. Mittelman Wealth Management grew its position in shares of iShares 5-10 Year Investment Grade Corporate Bond ETF by 5.3% during the 2nd quarter. Mittelman Wealth Management now owns 188,175 shares of the company’s stock worth $9,646,000 after purchasing an additional 9,522 shares in the last quarter. Nations Financial Group Inc. IA ADV grew its position in shares of iShares 5-10 Year Investment Grade Corporate Bond ETF by 21.8% during the 3rd quarter. Nations Financial Group Inc. IA ADV now owns 7,061 shares of the company’s stock worth $379,000 after purchasing an additional 1,262 shares in the last quarter. Haverford Trust Co grew its position in shares of iShares 5-10 Year Investment Grade Corporate Bond ETF by 3.4% during the 3rd quarter. Haverford Trust Co now owns 1,134,321 shares of the company’s stock worth $60,936,000 after purchasing an additional 37,657 shares in the last quarter. Finally, Asio Capital LLC grew its position in shares of iShares 5-10 Year Investment Grade Corporate Bond ETF by 2.6% during the 3rd quarter. Asio Capital LLC now owns 219,767 shares of the company’s stock worth $11,806,000 after purchasing an additional 5,531 shares in the last quarter. Institutional investors and hedge funds own 76.98% of the company’s stock.

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

Shares of NASDAQ:IGIB traded down $0.07 on Monday, reaching $50.87. 229,076 shares of the company’s stock were exchanged, compared to its average volume of 1,933,377. The company has a fifty day moving average of $51.97 and a 200-day moving average of $52.45. iShares 5-10 Year Investment Grade Corporate Bond ETF has a twelve month low of $49.90 and a twelve month high of $54.10.

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

The company also recently declared a dividend, which was paid on Monday, December 23rd. Investors of record on Wednesday, December 18th were given a dividend of $0.1996 per share. This is a positive change from iShares 5-10 Year Investment Grade Corporate Bond ETF’s previous dividend of $0.19. The ex-dividend date was Wednesday, December 18th.

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.