NASDAQ:IGSB

iShares 1-5 Year Investment Grade Corporate Bond ETF (IGSB) Price, Holdings, & News

$50.82
+0.07 (+0.14%)
(As of 09:45 AM ET)
Today's Range
$50.79
$50.82
50-Day Range
$50.64
$51.33
52-Week Range
$49.36
$51.53
Volume
49,936 shs
Average Volume
2.95 million shs
Market Capitalization
$20.82 billion
Assets Under Management
$20.75 billion
Dividend Yield
3.50%
Net Expense Ratio
0.04%
IGSB stock logo

About iShares 1-5 Year Investment Grade Corporate Bond ETF (NASDAQ:IGSB)

The iShares 1-5 Year Investment Grade Corporate Bond ETF (IGSB) is an exchange-traded fund that is based on the ICE BofA US Corporate (1-5 Y) index. The fund tracks a market-value-weighted index of US dollar-denominated, investment-grade corporate debt with 1-5 years remaining in maturity. IGSB was launched on Jan 5, 2007 and is managed by BlackRock.

IGSB Stock Price History

IGSB ETF News Headlines

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Notable ETF Outflow Detected - IGSB
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See More Headlines
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Fund Details

Issuer
iShares
Fund Name
iShares 1-5 Year Investment Grade Corporate Bond ETF
Tax Classification
Regulated Investment Company
Current Symbol
NASDAQ:IGSB
Inception Date
1/5/2007
Fund Manager
James Mauro, Karen Uyehara
Web
N/A

Fund Focus

Asset Class
Fixed Income
Benchmark
ICE BofA 1-5 Year US Corporate Index
Category
Corporate
Focus
Investment Grade
Development Level
Developed Markets
Region
North America
Number of Holdings
3892

Fund Statistics

Assets Under Management
$20.75 billion
Average Daily Volume
$2.64 million
Discount/Premium
0.03%

Administrator, Advisor and Custodian

Administrator
State Street Bank and Trust Company
Advisor
BlackRock Fund Advisors
Custodian
State Street Bank and Trust Company
Distributor
BlackRock Investments, LLC
Transfer Agent
State Street Bank and Trust Company
Trustee
N/A
Lead Market Maker
Jane Street

Options

Optionable
N/A
Short Interest
1,360,000 shs

Miscellaneous

Beta
0.11
Creation Unit
50,000
Creation Fee
$500.00
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iShares 1-5 Year Investment Grade Corporate Bond ETF Expenses

TypeIGSBInvestment Grade ETFsFixed Income ETFsNASDAQ ETFsAll ETFs
Management Fee0.04%0.22%0.32%0.48%0.51%
Other Expenses0.00%0.12%0.27%0.34%0.58%
Total Expense0.04%0.25%0.40%0.58%0.70%
Fee Waiver0.00%-0.15%-0.24%-0.22%-0.57%
Net Expense0.04%0.22%0.35%0.54%0.58%

iShares 1-5 Year Investment Grade Corporate Bond ETF (IGSB) Holdings & Exposure

Top 10 IGSB Holdings

  • BLK CSH FND TREASURY SL AGENCY
    Holding Weight: 1.79%
  • CVS HEALTH CORP - 4.3 2028-03-25
    Holding Weight: 0.20%
  • BANK OF AMERICA CORP - 3.42 2028-12-20
    Holding Weight: 0.18%
  • BANK OF AMERICA CORP - 1.73 2027-07-22
    Holding Weight: 0.17%
  • BANK OF AMERICA CORP MTN - 5.2 2029-04-25
    Holding Weight: 0.16%
  • BOEING CO - 2.2 2026-02-04
    Holding Weight: 0.16%
  • CIGNA GROUP - 4.38 2028-10-15
    Holding Weight: 0.15%
  • PFIZER INVESTMENT ENTERPRISES PTE - 4.45 2028-05-19
    Holding Weight: 0.15%
  • AMGEN INC - 5.15 2028-03-02
    Holding Weight: 0.14%
  • CHARTER COMMUNICATIONS OPERATING L - 4.91 2025-07-23
    Holding Weight: 0.14%

IGSB Sector Exposure

IGSB Industry Exposure

Should I Buy iShares 1-5 Year Investment Grade Corporate Bond ETF Stock? IGSB Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in iShares 1-5 Year Investment Grade Corporate Bond E:

  • Provides a relatively stable source of income due to investment-grade corporate bonds being less risky compared to lower-rated bonds.
  • Offers diversification to a portfolio, reducing overall risk as corporate bonds may not move in tandem with other asset classes like stocks.
  • May provide a hedge against inflation as the interest payments on corporate bonds can adjust with inflation rates.
  • Current stock price is favorable, making it an attractive entry point for investors seeking exposure to investment-grade corporate bonds.
  • Offers a shorter duration compared to longer-term bonds, making it less sensitive to interest rate changes.

Cons

Investors should be bearish about investing in iShares 1-5 Year Investment Grade Corporate Bond E for these reasons:

  • Lower potential returns compared to riskier investments like stocks, as investment-grade bonds typically offer lower yields.
  • Interest rate risk exists, where rising interest rates could lead to a decrease in bond prices.
  • Limited capital appreciation potential as the focus is more on income generation rather than significant price growth.
  • Market liquidity risk, especially during times of market stress, where selling bonds may be challenging without impacting prices.
  • Credit risk remains, although lower compared to lower-rated bonds, there is still a risk of default by the issuing companies.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Wednesday, April 10, 2024. Please send any questions or comments about these iShares 1-5 Year Investment Grade Corporate Bond ETF pros and cons to contact@marketbeat.com.

IGSB ETF - Frequently Asked Questions

How have IGSB shares performed in 2024?

iShares 1-5 Year Investment Grade Corporate Bond ETF's stock was trading at $51.28 at the start of the year. Since then, IGSB stock has decreased by 0.9% and is now trading at $50.82.
View the best growth stocks for 2024 here
.

Are investors shorting iShares 1-5 Year Investment Grade Corporate Bond ETF?

iShares 1-5 Year Investment Grade Corporate Bond ETF saw a increase in short interest in the month of April. As of April 15th, there was short interest totaling 1,360,000 shares, an increase of 6.3% from the March 31st total of 1,280,000 shares. Based on an average daily volume of 3,045,000 shares, the short-interest ratio is currently 0.4 days.
View iShares 1-5 Year Investment Grade Corporate Bond ETF's Short Interest
.

How often does iShares 1-5 Year Investment Grade Corporate Bond ETF pay dividends? What is the dividend yield for iShares 1-5 Year Investment Grade Corporate Bond ETF?

iShares 1-5 Year Investment Grade Corporate Bond ETF declared a monthly dividend on Thursday, March 28th. Shareholders of record on Tuesday, April 2nd will be given a dividend of $0.1653 per share on Friday, April 5th. This represents a $1.98 dividend on an annualized basis and a dividend yield of 3.90%. The ex-dividend date is Monday, April 1st.
Read our dividend analysis for IGSB
.

What does IGSB invest in?

iShares 1-5 Year Investment Grade Corporate Bond ETF is a fixed income fund issued by iShares. IGSB focuses on investment grade investments and follows the ICE BofA 1-5 Year US Corporate Index. The fund's investments total to approximately $20.75 billion assets under management.

What is the management fee for iShares 1-5 Year Investment Grade Corporate Bond ETF?

iShares 1-5 Year Investment Grade Corporate Bond ETF's management fee is 0.04% and has no other recorded expenses or fee waivers. The net expense ratio for IGSB is 0.04%.

What other stocks do shareholders of iShares 1-5 Year Investment Grade Corporate Bond ETF own?

Based on aggregate information from My MarketBeat watchlists, some companies that other iShares 1-5 Year Investment Grade Corporate Bond ETF investors own include Assurant (AIZ), NVIDIA (NVDA), Okta (OKTA), Shopify (SHOP), Aptiv (APTV), AbbVie (ABBV), Quest Diagnostics (DGX), Enphase Energy (ENPH), iShares Core S&P Small-Cap ETF (IJR) and JD.com (JD).

Who are iShares 1-5 Year Investment Grade Corporate Bond ETF's major shareholders?

iShares 1-5 Year Investment Grade Corporate Bond ETF's stock is owned by many different institutional and retail investors. Top institutional shareholders include Arkansas Financial Group Inc. (0.21%), Klaas Financial Asset Advisors LLC (0.20%), Parkside Investments LLC (0.15%), Sumitomo Mitsui Trust Holdings Inc. (0.13%), NBT Bank N A NY (0.07%) and Leavell Investment Management Inc. (0.06%).

How do I buy shares of iShares 1-5 Year Investment Grade Corporate Bond ETF?

Shares of IGSB stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:IGSB) was last updated on 4/26/2024 by MarketBeat.com Staff

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