iShares 5-10 Year Investment Grade Corporate Bond ETF $IGIB Shares Bought by Mittelman Wealth Management

Mittelman Wealth Management grew its stake in shares of iShares 5-10 Year Investment Grade Corporate Bond ETF (NASDAQ:IGIB) by 9.0% in the 1st quarter, HoldingsChannel reports. The fund owned 213,856 shares of the company’s stock after purchasing an additional 17,623 shares during the quarter. iShares 5-10 Year Investment Grade Corporate Bond ETF makes up 7.1% of Mittelman Wealth Management’s investment portfolio, making the stock its 5th largest position. Mittelman Wealth Management’s holdings in iShares 5-10 Year Investment Grade Corporate Bond ETF were worth $11,381,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently made changes to their positions in the company. Archer Investment Corp grew its position in shares of iShares 5-10 Year Investment Grade Corporate Bond ETF by 874.5% in the first quarter. Archer Investment Corp now owns 497 shares of the company’s stock valued at $26,000 after purchasing an additional 446 shares during the last quarter. Rothschild Investment LLC acquired a new stake in iShares 5-10 Year Investment Grade Corporate Bond ETF during the 4th quarter worth approximately $40,000. IFC & Insurance Marketing Inc. bought a new stake in iShares 5-10 Year Investment Grade Corporate Bond ETF in the 4th quarter valued at $45,000. Birchwood Financial Partners Inc. bought a new stake in iShares 5-10 Year Investment Grade Corporate Bond ETF in the 4th quarter valued at $54,000. Finally, Nalls Sherbakoff Group LLC bought a new stake in iShares 5-10 Year Investment Grade Corporate Bond ETF in the 4th quarter valued at $89,000. Institutional investors own 76.98% of the company’s stock.

iShares 5-10 Year Investment Grade Corporate Bond ETF Stock Up 0.2%

Shares of NASDAQ IGIB opened at $52.33 on Tuesday. The stock’s fifty day moving average price is $52.85 and its two-hundred day moving average price is $53.36. iShares 5-10 Year Investment Grade Corporate Bond ETF has a one year low of $52.15 and a one year high of $54.58.

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

The firm also recently announced a dividend, which was paid on Tuesday, July 7th. Stockholders of record on Wednesday, July 1st were given a $0.2155 dividend. The ex-dividend date of this dividend was Wednesday, July 1st.

About iShares 5-10 Year Investment Grade Corporate Bond ETF

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.