Crestwood Advisors Group LLC Sells 911 Shares of iShares 5-10 Year Investment Grade Corporate Bond ETF (NASDAQ:IGIB)

Crestwood Advisors Group LLC decreased its holdings in shares of iShares 5-10 Year Investment Grade Corporate Bond ETF (NASDAQ:IGIB) by 15.7% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 4,910 shares of the company’s stock after selling 911 shares during the period. Crestwood Advisors Group LLC’s holdings in iShares 5-10 Year Investment Grade Corporate Bond ETF were worth $253,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. WestEnd Advisors LLC bought a new position in iShares 5-10 Year Investment Grade Corporate Bond ETF during the 3rd quarter valued at approximately $25,000. MassMutual Private Wealth & Trust FSB raised its position in iShares 5-10 Year Investment Grade Corporate Bond ETF by 205.3% during the 4th 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 bought a new position in iShares 5-10 Year Investment Grade Corporate Bond ETF during the 3rd quarter valued at approximately $66,000. General Partner Inc. bought a new position in iShares 5-10 Year Investment Grade Corporate Bond ETF during the 4th quarter valued at approximately $86,000. Finally, S.A. Mason LLC bought a new position in iShares 5-10 Year Investment Grade Corporate Bond ETF during the 3rd quarter valued at approximately $92,000. Institutional investors own 76.98% of the company’s stock.

iShares 5-10 Year Investment Grade Corporate Bond ETF Stock Up 0.1 %

IGIB opened at $52.60 on Thursday. The business has a 50 day simple moving average of $51.65 and a two-hundred day simple moving average of $52.42. iShares 5-10 Year Investment Grade Corporate Bond ETF has a one year low of $49.91 and a one year high of $54.10.

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

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

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.