Highline Wealth Partners LLC Boosts Stock Holdings in iShares 5-10 Year Investment Grade Corporate Bond ETF $IGIB

Highline Wealth Partners LLC increased its holdings in iShares 5-10 Year Investment Grade Corporate Bond ETF (NASDAQ:IGIB) by 44.1% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 179,112 shares of the company’s stock after buying an additional 54,792 shares during the period. iShares 5-10 Year Investment Grade Corporate Bond ETF accounts for 2.7% of Highline Wealth Partners LLC’s investment portfolio, making the stock its 12th biggest position. Highline Wealth Partners LLC owned approximately 0.06% of iShares 5-10 Year Investment Grade Corporate Bond ETF worth $9,651,000 as of its most recent SEC filing.

Other hedge funds have also bought and sold shares of the company. Allstate Corp lifted its position in shares of iShares 5-10 Year Investment Grade Corporate Bond ETF by 44.2% during the third quarter. Allstate Corp now owns 3,632,500 shares of the company’s stock worth $196,482,000 after acquiring an additional 1,112,701 shares in the last quarter. One Capital Management LLC raised its stake 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 purchasing an additional 482,449 shares during the period. Mitsubishi UFJ Trust & Banking Corp raised its stake in shares of iShares 5-10 Year Investment Grade Corporate Bond ETF by 137.6% during the 3rd quarter. Mitsubishi UFJ Trust & Banking Corp now owns 801,281 shares of the company’s stock valued at $43,378,000 after purchasing an additional 464,000 shares during the period. TD Private Client Wealth LLC lifted its holdings in iShares 5-10 Year Investment Grade Corporate Bond ETF by 22.6% during the 3rd quarter. TD Private Client Wealth LLC now owns 1,776,456 shares of the company’s stock worth $96,089,000 after purchasing an additional 327,246 shares in the last quarter. Finally, Sumitomo Mitsui Trust Group Inc. lifted its holdings in iShares 5-10 Year Investment Grade Corporate Bond ETF by 81.1% during the 3rd 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 in 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 Stock Performance

Shares of NASDAQ IGIB opened at $53.22 on Wednesday. iShares 5-10 Year Investment Grade Corporate Bond ETF has a 52 week low of $50.52 and a 52 week high of $54.58. The business has a 50-day simple moving average of $53.80 and a two-hundred day simple moving average of $53.96.

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

The company also recently declared a monthly dividend, which was paid on Thursday, March 5th. Stockholders of record on Monday, March 2nd were issued a $0.214 dividend. The ex-dividend date of this dividend was Monday, March 2nd. This is a positive change from iShares 5-10 Year Investment Grade Corporate Bond ETF’s previous monthly dividend of $0.21. This represents a c) dividend on an annualized basis and a dividend yield of 4.8%.

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.