120,237 Shares in iShares 1-5 Year Investment Grade Corporate Bond ETF $IGSB Purchased by Confluence Investment Management LLC

Confluence Investment Management LLC bought a new stake in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF (NASDAQ:IGSB) during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor bought 120,237 shares of the company’s stock, valued at approximately $6,376,000.

Other hedge funds also recently modified their holdings of the company. Parkside Investments LLC raised its stake in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF by 26.4% during the second quarter. Parkside Investments LLC now owns 1,320,082 shares of the company’s stock worth $69,648,000 after buying an additional 275,996 shares during the last quarter. Baird Financial Group Inc. grew its holdings in iShares 1-5 Year Investment Grade Corporate Bond ETF by 3.9% during the 2nd quarter. Baird Financial Group Inc. now owns 335,650 shares of the company’s stock worth $17,709,000 after acquiring an additional 12,520 shares during the period. American Trust acquired a new stake in iShares 1-5 Year Investment Grade Corporate Bond ETF during the 2nd quarter worth $715,000. eCIO Inc. bought a new stake in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF during the 1st quarter valued at $252,000. Finally, Mittelman Wealth Management lifted its stake in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF by 73.9% in the 2nd quarter. Mittelman Wealth Management now owns 74,500 shares of the company’s stock valued at $3,931,000 after purchasing an additional 31,650 shares during the period. Institutional investors own 76.06% of the company’s stock.

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

Shares of iShares 1-5 Year Investment Grade Corporate Bond ETF stock opened at $52.77 on Wednesday. iShares 1-5 Year Investment Grade Corporate Bond ETF has a 12 month low of $51.39 and a 12 month high of $53.18. The business has a fifty day simple moving average of $52.95 and a 200 day simple moving average of $52.82.

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

The business also recently announced a monthly dividend, which will be paid on Wednesday, December 24th. Stockholders of record on Friday, December 19th will be given a dividend of $0.2018 per share. This represents a c) annualized dividend and a dividend yield of 4.6%. The ex-dividend date is Friday, December 19th.

iShares 1-5 Year Investment Grade Corporate Bond ETF Profile

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.