First Horizon Advisors Inc. Has $585,000 Stock Position in iShares 5-10 Year Investment Grade Corporate Bond ETF (NASDAQ:IGIB)

First Horizon Advisors Inc. reduced its stake in shares of iShares 5-10 Year Investment Grade Corporate Bond ETF (NASDAQ:IGIB) by 8.4% during the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 11,353 shares of the company’s stock after selling 1,044 shares during the period. First Horizon Advisors Inc.’s holdings in iShares 5-10 Year Investment Grade Corporate Bond ETF were worth $585,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently bought and sold shares of the stock. WestEnd Advisors LLC acquired a new stake in shares of iShares 5-10 Year Investment Grade Corporate Bond ETF in the third quarter valued at approximately $25,000. MassMutual Private Wealth & Trust FSB raised its holdings in shares of iShares 5-10 Year Investment Grade Corporate Bond ETF by 205.3% in the fourth quarter. MassMutual Private Wealth & Trust FSB now owns 1,160 shares of the company’s stock valued at $60,000 after purchasing an additional 780 shares during the last quarter. Centennial Bank AR acquired a new stake in shares of iShares 5-10 Year Investment Grade Corporate Bond ETF in the third quarter valued at approximately $66,000. General Partner Inc. acquired a new stake in shares of iShares 5-10 Year Investment Grade Corporate Bond ETF in the fourth quarter valued at approximately $86,000. Finally, S.A. Mason LLC acquired a new stake in shares of iShares 5-10 Year Investment Grade Corporate Bond ETF in the third quarter valued at approximately $92,000. 76.98% of the stock is currently owned by institutional investors and hedge funds.

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

NASDAQ IGIB opened at $52.23 on Tuesday. iShares 5-10 Year Investment Grade Corporate Bond ETF has a 12-month low of $49.90 and a 12-month high of $54.10. The firm’s 50 day moving average is $51.62 and its 200-day moving average is $52.42.

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

The firm also recently disclosed a dividend, which was paid on Thursday, February 6th. Stockholders of record on Monday, February 3rd were issued a $0.198 dividend. The ex-dividend date was Monday, February 3rd.

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.