Sumitomo Mitsui Trust Group Inc. Reduces Stock Position in iShares 5-10 Year Investment Grade Corporate Bond ETF $IGIB

Sumitomo Mitsui Trust Group Inc. lessened its stake in iShares 5-10 Year Investment Grade Corporate Bond ETF (NASDAQ:IGIB) by 35.4% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 170,000 shares of the company’s stock after selling 93,000 shares during the period. Sumitomo Mitsui Trust Group Inc.’s holdings in iShares 5-10 Year Investment Grade Corporate Bond ETF were worth $9,047,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in the stock. One Capital Management LLC lifted its holdings in shares of iShares 5-10 Year Investment Grade Corporate Bond ETF by 10.7% during the 3rd quarter. One Capital Management LLC now owns 5,008,290 shares of the company’s stock valued at $270,898,000 after buying an additional 482,449 shares during the period. TD Private Client Wealth LLC boosted its stake in shares of iShares 5-10 Year Investment Grade Corporate Bond ETF by 16.7% in the 4th quarter. TD Private Client Wealth LLC now owns 2,073,892 shares of the company’s stock worth $111,741,000 after buying an additional 297,436 shares during the last quarter. BNP Paribas Financial Markets grew its holdings in shares of iShares 5-10 Year Investment Grade Corporate Bond ETF by 103,318.8% in the third quarter. BNP Paribas Financial Markets now owns 187,188 shares of the company’s stock worth $10,125,000 after acquiring an additional 187,007 shares during the period. JPMorgan Chase & Co. grew its holdings in shares of iShares 5-10 Year Investment Grade Corporate Bond ETF by 52.7% in the fourth quarter. JPMorgan Chase & Co. now owns 475,638 shares of the company’s stock worth $25,627,000 after acquiring an additional 164,156 shares during the period. Finally, Janney Montgomery Scott LLC increased its position in iShares 5-10 Year Investment Grade Corporate Bond ETF by 25.2% during the fourth quarter. Janney Montgomery Scott LLC now owns 775,677 shares of the company’s stock valued at $41,794,000 after acquiring an additional 156,370 shares during the last quarter. 76.98% of the stock is currently owned by hedge funds and other institutional investors.

iShares 5-10 Year Investment Grade Corporate Bond ETF Trading Up 0.3%

iShares 5-10 Year Investment Grade Corporate Bond ETF stock opened at $52.57 on Wednesday. iShares 5-10 Year Investment Grade Corporate Bond ETF has a one year low of $52.38 and a one year high of $54.58. The stock has a fifty day moving average of $52.96 and a 200 day moving average of $53.46.

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

The company also recently declared a dividend, which was paid on Tuesday, July 7th. Shareholders of record on Wednesday, July 1st were paid a dividend of $0.2155 per share. The ex-dividend date 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.