DMC Group LLC Has $3.21 Million Holdings in iShares 5-10 Year Investment Grade Corporate Bond ETF (NASDAQ:IGIB)

DMC Group LLC grew its holdings in shares of iShares 5-10 Year Investment Grade Corporate Bond ETF (NASDAQ:IGIB) by 7.1% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 59,733 shares of the company’s stock after purchasing an additional 3,943 shares during the quarter. iShares 5-10 Year Investment Grade Corporate Bond ETF comprises about 2.6% of DMC Group LLC’s investment portfolio, making the stock its 4th biggest position. DMC Group LLC’s holdings in iShares 5-10 Year Investment Grade Corporate Bond ETF were worth $3,209,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of the business. 1620 Investment Advisors Inc. acquired a new stake in iShares 5-10 Year Investment Grade Corporate Bond ETF in the 2nd quarter worth approximately $35,000. Olistico Wealth LLC acquired a new stake in shares of iShares 5-10 Year Investment Grade Corporate Bond ETF in the second quarter worth $55,000. Morton Brown Family Wealth LLC bought a new stake in shares of iShares 5-10 Year Investment Grade Corporate Bond ETF during the 2nd quarter worth $129,000. Sunbelt Securities Inc. acquired a new position in iShares 5-10 Year Investment Grade Corporate Bond ETF in the 2nd quarter valued at $154,000. Finally, EverSource Wealth Advisors LLC raised its holdings in iShares 5-10 Year Investment Grade Corporate Bond ETF by 56.0% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 5,199 shares of the company’s stock worth $272,000 after acquiring an additional 1,867 shares during the period. 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 stock opened at $52.95 on Friday. The company has a 50-day moving average of $53.31 and a two-hundred day moving average of $51.97. iShares 5-10 Year Investment Grade Corporate Bond ETF has a 52-week low of $47.27 and a 52-week high of $54.10.

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

The firm also recently announced a dividend, which was paid on Friday, September 6th. Investors of record on Tuesday, September 3rd were paid a dividend of $0.192 per share. The ex-dividend date was Tuesday, September 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.