iShares 5-10 Year Investment Grade Corporate Bond ETF Target of Unusually Large Options Trades (NASDAQ:IGIB)

0

iShares 5-10 Year Investment Grade Corporate Bond ETF (NASDAQ:IGIB – Get Rating) saw some unusual options trading on Tuesday. Stock traders bought 2,134 put options on the stock. This represents a 2,325% increase from the typical daily volume of 88 put options.

Shares of NASDAQ IGIB traded up $0.47 during midday trading on Tuesday, hitting $54.90. 1,618,732 shares of the stock were traded, compared to its average volume of 2,022,299. iShares 5-10 Year Investment Grade Corporate Bond ETF has a 52-week low of $54.17 and a high on 52 weeks from $61.31. The stock has a fifty-day moving average price of $56.39 and a 200-day moving average price of $58.43.

The company also recently declared a monthly dividend, which was paid on Monday, March 7. Investors of record on Wednesday, March 2 received a dividend of $0.114 per share. The ex-dividend date was Tuesday, March 1. This is a positive change from iShares 5-10 Year Investment Grade Corporate Bond ETF’s previous monthly dividend of $0.11. This represents an annualized dividend of $1.37 and a dividend yield of 2.49%.

Hedge funds and other institutional investors have recently increased or reduced their stakes in the stock. Financial Engines Advisors LLC increased its holdings in iShares 5-10 Year Investment Grade Corporate Bond ETF by 12.2% in the fourth quarter. Financial Engines Advisors LLC now owns 34,560,775 shares of the company worth $2,048,418,000 after acquiring 3,757,521 additional shares in the last quarter. American Family Insurance Mutual Holding Co purchased a new stake in iShares 5-10 Year Investment Grade Corporate Bond ETF in the fourth quarter at a value of $19,331,000. BNP Paribas Arbitrage SA increased its holdings in iShares 5-10 Year Investment Grade Corporate Bond ETF by 140,823.5% in the third quarter. BNP Paribas Arbitrage SA now owns 215,613 shares in the company worth $12,950,000 after acquiring an additional 215,460 shares last quarter. Assetmark Inc. increased its holdings in iShares 5-10 Year Investment Grade Corporate Bond ETF by 4.5% in the third quarter. Assetmark Inc. now owns 5,021,681 shares of the company worth $301,602,000 after acquiring an additional 214,544 shares in the last quarter. Finally, One Capital Management LLC increased its holdings in iShares 5-10 Year Investment Grade Corporate Bond ETF by 49.1% in the third quarter. One Capital Management LLC now owns 534,723 shares of the company worth $32,115,000 after acquiring an additional 176,013 shares in the last quarter.

(A d)

An industry-shattering disruption is coming – this microcap is at the heart of it.

Further reading

This instant alert was powered by MarketBeat’s narrative science technology and financial data to provide readers with the fastest and most accurate reports. This story was reviewed by MarketBeat’s editorial team prior to publication. Please send questions or comments about this story to [email protected]

Should you invest $1,000 in the iShares 5-10 Year Investment Grade Corporate Bond ETF right now?

Before you consider the iShares 5-10 Year Investment Grade Corporate Bond ETF, you’ll want to hear this.

MarketBeat tracks daily the highest rated and most successful research analysts on Wall Street and the stocks they recommend to their clients. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the market takes over…and the iShares 5-10 Year Investment Grade Corporate Bond ETF was not on the list. listing.

While the iShares 5-10 Year Investment Grade Corporate Bond ETF currently has an “N/A” rating among analysts, top-rated analysts believe these five stocks are better buys.

See the 5 actions here

Share.

Comments are closed.