Legacy Financial Group LLC Sells 31,713 Shares of iShares 5-10 Year Investment Grade Corporate Bond ETF $IGIB

Legacy Financial Group LLC trimmed its position in iShares 5-10 Year Investment Grade Corporate Bond ETF (NASDAQ:IGIB) by 9.1% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 318,629 shares of the company’s stock after selling 31,713 shares during the quarter. iShares 5-10 Year Investment Grade Corporate Bond ETF accounts for approximately 2.1% of Legacy Financial Group LLC’s holdings, making the stock its 18th biggest holding. Legacy Financial Group LLC owned about 0.10% of iShares 5-10 Year Investment Grade Corporate Bond ETF worth $17,120,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in IGIB. NewEdge Advisors LLC grew its holdings in iShares 5-10 Year Investment Grade Corporate Bond ETF by 1.2% in the 2nd quarter. NewEdge Advisors LLC now owns 140,302 shares of the company’s stock worth $7,477,000 after acquiring an additional 1,660 shares during the last quarter. IHT Wealth Management LLC boosted its holdings in shares of iShares 5-10 Year Investment Grade Corporate Bond ETF by 8.5% during the second quarter. IHT Wealth Management LLC now owns 39,751 shares of the company’s stock worth $2,118,000 after purchasing an additional 3,122 shares during the period. Sumitomo Mitsui Trust Group Inc. grew its stake in shares of iShares 5-10 Year Investment Grade Corporate Bond ETF by 81.1% in the third quarter. Sumitomo Mitsui Trust Group Inc. now owns 585,000 shares of the company’s stock worth $31,643,000 after purchasing an additional 262,000 shares during the last quarter. Meritage Portfolio Management grew its stake in shares of iShares 5-10 Year Investment Grade Corporate Bond ETF by 1.3% in the third quarter. Meritage Portfolio Management now owns 69,318 shares of the company’s stock worth $3,749,000 after purchasing an additional 920 shares during the last quarter. Finally, Florida Trust Wealth Management Co increased its holdings in iShares 5-10 Year Investment Grade Corporate Bond ETF by 5.3% during the 3rd quarter. Florida Trust Wealth Management Co now owns 8,005 shares of the company’s stock valued at $433,000 after purchasing an additional 405 shares during the period. 76.98% of the stock is currently owned by institutional investors.

iShares 5-10 Year Investment Grade Corporate Bond ETF Trading Down 0.1%

NASDAQ IGIB opened at $53.03 on Friday. iShares 5-10 Year Investment Grade Corporate Bond ETF has a fifty-two week low of $51.61 and a fifty-two week high of $54.58. The stock has a 50 day simple moving average of $53.32 and a two-hundred day simple moving average of $53.78.

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

The firm also recently declared a monthly dividend, which was paid on Wednesday, May 6th. Investors of record on Friday, May 1st were paid a $0.2171 dividend. The ex-dividend date of this dividend was Friday, May 1st. This represents a c) dividend on an annualized basis and a yield of 4.9%.

iShares 5-10 Year Investment Grade Corporate Bond ETF Company 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.