iShares 5-10 Year Investment Grade Corporate Bond ETF $IGIB Shares Acquired by Madison Asset Management LLC

Madison Asset Management LLC boosted its stake in iShares 5-10 Year Investment Grade Corporate Bond ETF (NASDAQ:IGIB) by 63.0% in the first quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 400,916 shares of the company’s stock after buying an additional 154,955 shares during the period. Madison Asset Management LLC owned 0.12% of iShares 5-10 Year Investment Grade Corporate Bond ETF worth $21,337,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of IGIB. Root Financial Partners LLC lifted its stake in shares of iShares 5-10 Year Investment Grade Corporate Bond ETF by 15.5% in the 1st quarter. Root Financial Partners LLC now owns 2,023 shares of the company’s stock worth $108,000 after acquiring an additional 272 shares during the period. Rossby Financial LCC boosted its holdings in shares of iShares 5-10 Year Investment Grade Corporate Bond ETF by 5.8% in the fourth quarter. Rossby Financial LCC now owns 5,227 shares of the company’s stock valued at $282,000 after acquiring an additional 287 shares in the last quarter. Diversified Portfolios Inc. increased its stake in shares of iShares 5-10 Year Investment Grade Corporate Bond ETF by 1.6% during the fourth quarter. Diversified Portfolios Inc. now owns 24,015 shares of the company’s stock valued at $1,294,000 after acquiring an additional 380 shares during the period. Equitable Trust Co. increased its stake in shares of iShares 5-10 Year Investment Grade Corporate Bond ETF by 9.0% during the fourth quarter. Equitable Trust Co. now owns 4,823 shares of the company’s stock valued at $260,000 after acquiring an additional 398 shares during the period. Finally, Advisory Services Network LLC raised its holdings in iShares 5-10 Year Investment Grade Corporate Bond ETF by 1.5% during the fourth quarter. Advisory Services Network LLC now owns 30,924 shares of the company’s stock worth $1,666,000 after purchasing an additional 443 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

IGIB opened at $52.57 on Tuesday. iShares 5-10 Year Investment Grade Corporate Bond ETF has a 1-year low of $52.38 and a 1-year high of $54.58. The business has a 50 day moving average price of $52.91 and a two-hundred day moving average price of $53.42.

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

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

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.