iShares 1-5 Year Investment Grade Corporate Bond ETF (NASDAQ:IGSB) Shares Bought by Baird Financial Group Inc.

Baird Financial Group Inc. grew its holdings in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF (NASDAQ:IGSB – Get Rating) by 7.4% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 548,549 shares of the company’s stock after purchasing an additional 37,863 shares during the period. Baird Financial Group Inc. owned approximately 0.12% of iShares 1-5 Year Investment Grade Corporate Bond ETF worth $27,032,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. First Command Bank purchased a new stake in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF during the 3rd quarter worth approximately $36,000. SOA Wealth Advisors LLC. purchased a new stake in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF during the 3rd quarter worth approximately $85,000. Horan Securities Inc. purchased a new stake in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF during the 3rd quarter worth approximately $90,000. Country Trust Bank boosted its stake in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF by 37.4% during the 3rd quarter. Country Trust Bank now owns 1,875 shares of the company’s stock worth $92,000 after acquiring an additional 510 shares in the last quarter. Finally, Householder Group Estate & Retirement Specialist LLC purchased a new stake in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF during the 3rd quarter worth approximately $132,000. Institutional investors and hedge funds own 66.92% of the company’s stock.

iShares 1-5 Year Investment Grade Corporate Bond ETF Price Performance

Shares of NASDAQ:IGSB opened at $49.97 on Wednesday. The business’s 50 day simple moving average is $50.19 and its 200-day simple moving average is $49.84. iShares 1-5 Year Investment Grade Corporate Bond ETF has a 12 month low of $48.62 and a 12 month high of $51.94.

iShares 1-5 Year Investment Grade Corporate Bond ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Tuesday, March 7th. Stockholders of record on Thursday, March 2nd were paid a dividend of $0.125 per share. This is a positive change from iShares 1-5 Year Investment Grade Corporate Bond ETF’s previous monthly dividend of $0.11. The ex-dividend date of this dividend was Wednesday, March 1st. This represents a $1.50 annualized dividend and a dividend yield of 3.00%.

iShares 1-5 Year Investment Grade Corporate Bond ETF Company Profile

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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.