Webster Bank N. A. Grows Stock Holdings in iShares Intermediate-Term Corporate Bond ETF (NYSEARCA:IGIB)

Webster Bank N. A. increased its stake in shares of iShares Intermediate-Term Corporate Bond ETF (NYSEARCA:IGIB) by 6.3% in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 55,448 shares of the company’s stock after purchasing an additional 3,277 shares during the period. Webster Bank N. A.’s holdings in iShares Intermediate-Term Corporate Bond ETF were worth $3,158,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Bangor Savings Bank increased its holdings in iShares Intermediate-Term Corporate Bond ETF by 31.2% during the second quarter. Bangor Savings Bank now owns 584,295 shares of the company’s stock valued at $33,276,000 after buying an additional 139,041 shares during the last quarter. Bank of New York Mellon Corp purchased a new stake in shares of iShares Intermediate-Term Corporate Bond ETF in the fourth quarter worth $13,478,000. PFS Investments Inc. purchased a new stake in shares of iShares Intermediate-Term Corporate Bond ETF in the first quarter worth $4,581,000. Courage Miller Partners LLC purchased a new stake in shares of iShares Intermediate-Term Corporate Bond ETF in the first quarter worth $4,814,000. Finally, Sharkey Howes & Javer purchased a new stake in shares of iShares Intermediate-Term Corporate Bond ETF in the first quarter worth $3,780,000.

Shares of NYSEARCA IGIB traded up $0.01 during midday trading on Friday, reaching $57.23. The stock had a trading volume of 16,744 shares, compared to its average volume of 700,718. The business’s 50-day simple moving average is $56.73. iShares Intermediate-Term Corporate Bond ETF has a 12-month low of $51.96 and a 12-month high of $57.29.

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Institutional Ownership by Quarter for iShares Intermediate-Term Corporate Bond ETF (NYSEARCA:IGIB)

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