Park Place Capital Corp Lowers Stake in iShares 5-10 Year Investment Grade Corporate Bond ETF $IGIB

Park Place Capital Corp lowered its position in shares of iShares 5-10 Year Investment Grade Corporate Bond ETF (NASDAQ:IGIB) by 50.3% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 14,237 shares of the company’s stock after selling 14,409 shares during the period. Park Place Capital Corp’s holdings in iShares 5-10 Year Investment Grade Corporate Bond ETF were worth $770,000 at the end of the most recent reporting period.

Several other institutional investors have also recently modified their holdings of the company. NewEdge Advisors LLC boosted its position in iShares 5-10 Year Investment Grade Corporate Bond ETF by 0.5% during the first quarter. NewEdge Advisors LLC now owns 138,642 shares of the company’s stock valued at $7,281,000 after buying an additional 696 shares during the period. Strive Asset Management LLC lifted its stake in shares of iShares 5-10 Year Investment Grade Corporate Bond ETF by 55.0% in the 1st quarter. Strive Asset Management LLC now owns 76,276 shares of the company’s stock valued at $4,006,000 after acquiring an additional 27,056 shares during the last quarter. Parallel Advisors LLC boosted its holdings in iShares 5-10 Year Investment Grade Corporate Bond ETF by 26.3% during the 2nd quarter. Parallel Advisors LLC now owns 3,832 shares of the company’s stock valued at $204,000 after acquiring an additional 797 shares during the period. Christopher J. Hasenberg Inc bought a new position in iShares 5-10 Year Investment Grade Corporate Bond ETF during the 2nd quarter worth approximately $2,704,000. Finally, Fiduciary Alliance LLC lifted its position in iShares 5-10 Year Investment Grade Corporate Bond ETF by 1,093.3% in the second quarter. Fiduciary Alliance LLC now owns 55,264 shares of the company’s stock valued at $2,945,000 after purchasing an additional 50,633 shares during the last quarter. 76.98% of the stock is currently owned by institutional investors.

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

Shares of iShares 5-10 Year Investment Grade Corporate Bond ETF stock opened at $53.86 on Monday. The company’s fifty day simple moving average is $54.00 and its two-hundred day simple moving average is $53.72. iShares 5-10 Year Investment Grade Corporate Bond ETF has a 12-month low of $50.52 and a 12-month high of $54.56.

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

The business also recently disclosed a monthly dividend, which was paid on Wednesday, December 24th. Shareholders of record on Friday, December 19th were issued a $0.2118 dividend. The ex-dividend date was Friday, December 19th. This represents a c) annualized dividend and a yield of 4.7%.

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.