Arkadios Wealth Advisors Buys 58,843 Shares of iShares 5-10 Year Investment Grade Corporate Bond ETF $IGIB

Arkadios Wealth Advisors grew its stake in shares of iShares 5-10 Year Investment Grade Corporate Bond ETF (NASDAQ:IGIB) by 659.1% in the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 67,771 shares of the company’s stock after acquiring an additional 58,843 shares during the period. Arkadios Wealth Advisors’ holdings in iShares 5-10 Year Investment Grade Corporate Bond ETF were worth $3,666,000 at the end of the most recent quarter.

Other large investors have also recently modified their holdings of the company. TD Private Client Wealth LLC grew its stake in iShares 5-10 Year Investment Grade Corporate Bond ETF by 12.3% in the second quarter. TD Private Client Wealth LLC now owns 1,449,210 shares of the company’s stock worth $77,228,000 after purchasing an additional 158,812 shares in the last quarter. Rebalance LLC lifted its holdings in shares of iShares 5-10 Year Investment Grade Corporate Bond ETF by 0.9% in the 2nd quarter. Rebalance LLC now owns 157,972 shares of the company’s stock worth $8,418,000 after buying an additional 1,357 shares during the period. Bartlett & CO. Wealth Management LLC grew its position in shares of iShares 5-10 Year Investment Grade Corporate Bond ETF by 3.6% during the 2nd quarter. Bartlett & CO. Wealth Management LLC now owns 123,843 shares of the company’s stock worth $6,600,000 after buying an additional 4,286 shares in the last quarter. Vicus Capital increased its stake in shares of iShares 5-10 Year Investment Grade Corporate Bond ETF by 12.5% during the second quarter. Vicus Capital now owns 15,872 shares of the company’s stock valued at $846,000 after buying an additional 1,767 shares during the period. Finally, Tilia Fiduciary Partners Inc. increased its stake in shares of iShares 5-10 Year Investment Grade Corporate Bond ETF by 15.5% during the second quarter. Tilia Fiduciary Partners Inc. now owns 19,745 shares of the company’s stock valued at $1,052,000 after buying an additional 2,643 shares during the period. 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

NASDAQ:IGIB opened at $53.94 on Thursday. iShares 5-10 Year Investment Grade Corporate Bond ETF has a one year low of $50.52 and a one year high of $54.56. The firm has a 50-day simple moving average of $53.98 and a 200-day simple moving average of $53.81.

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

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

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.