iShares 5-10 Year Investment Grade Corporate Bond ETF (NASDAQ:IGIB – Get Free Report) saw a significant drop in short interest in June. As of June 30th, there was short interest totalling 1,190,000 shares, a drop of 26.5% from the June 15th total of 1,620,000 shares. Based on an average daily volume of 2,047,800 shares, the days-to-cover ratio is presently 0.6 days.
iShares 5-10 Year Investment Grade Corporate Bond ETF Trading Up 0.3 %
IGIB opened at $52.04 on Monday. The business’s 50-day moving average is $51.25 and its two-hundred day moving average is $51.20. iShares 5-10 Year Investment Grade Corporate Bond ETF has a 1 year low of $47.27 and a 1 year high of $52.25.
iShares 5-10 Year Investment Grade Corporate Bond ETF Announces Dividend
The company also recently disclosed a monthly dividend, which was paid on Friday, July 5th. Investors of record on Monday, July 1st were paid a dividend of $0.191 per share. The ex-dividend date of this dividend was Monday, July 1st. This represents a $2.29 annualized dividend and a dividend yield of 4.40%.
Institutional Investors Weigh In On iShares 5-10 Year Investment Grade Corporate Bond ETF
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.
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