First International Bank & Trust Sells 10,211 Shares of iShares 1-5 Year Investment Grade Corporate Bond ETF $IGSB

First International Bank & Trust reduced its stake in iShares 1-5 Year Investment Grade Corporate Bond ETF (NASDAQ:IGSB) by 23.5% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 33,249 shares of the company’s stock after selling 10,211 shares during the period. iShares 1-5 Year Investment Grade Corporate Bond ETF makes up about 0.6% of First International Bank & Trust’s holdings, making the stock its 23rd largest holding. First International Bank & Trust’s holdings in iShares 1-5 Year Investment Grade Corporate Bond ETF were worth $1,763,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Private Wealth Asset Management LLC purchased a new stake in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF during the 2nd quarter valued at $29,000. Thurston Springer Miller Herd & Titak Inc. bought a new position in iShares 1-5 Year Investment Grade Corporate Bond ETF during the 2nd quarter worth approximately $46,000. Silicon Valley Capital Partners purchased a new position in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF in the second quarter worth $73,000. Colonial Trust Advisors increased its position in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF by 12.3% in the first quarter. Colonial Trust Advisors now owns 3,648 shares of the company’s stock valued at $191,000 after acquiring an additional 400 shares during the period. Finally, Cheviot Value Management LLC increased its holdings in iShares 1-5 Year Investment Grade Corporate Bond ETF by 121,666.7% during the 2nd quarter. Cheviot Value Management LLC now owns 3,653 shares of the company’s stock valued at $192,000 after purchasing an additional 3,650 shares during the period. 76.06% of the stock is currently owned by institutional investors.

iShares 1-5 Year Investment Grade Corporate Bond ETF Stock Down 0.0%

Shares of IGSB opened at $52.95 on Thursday. iShares 1-5 Year Investment Grade Corporate Bond ETF has a 1-year low of $51.39 and a 1-year high of $53.18. The firm’s 50-day moving average price is $52.96 and its 200-day moving average price is $52.80.

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

The business also recently declared a monthly dividend, which was paid on Thursday, December 4th. Stockholders of record on Monday, December 1st were issued a dividend of $0.2042 per share. The ex-dividend date was Monday, December 1st. This is a boost from iShares 1-5 Year Investment Grade Corporate Bond ETF’s previous monthly dividend of $0.20. This represents a c) annualized dividend and a dividend yield of 4.6%.

About iShares 1-5 Year Investment Grade Corporate Bond ETF

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.