Equitable Trust Co. Grows Holdings in iShares 1-5 Year Investment Grade Corporate Bond ETF $IGSB

Equitable Trust Co. boosted its position in iShares 1-5 Year Investment Grade Corporate Bond ETF (NASDAQ:IGSB) by 25.6% in the third quarter, according to its most recent filing with the SEC. The institutional investor owned 188,328 shares of the company’s stock after purchasing an additional 38,331 shares during the period. Equitable Trust Co.’s holdings in iShares 1-5 Year Investment Grade Corporate Bond ETF were worth $9,987,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Root Financial Partners LLC purchased a new position in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF in the 3rd quarter worth approximately $39,000. Highline Wealth Partners LLC bought a new stake in iShares 1-5 Year Investment Grade Corporate Bond ETF during the third quarter worth $53,000. Silicon Valley Capital Partners bought a new stake in iShares 1-5 Year Investment Grade Corporate Bond ETF during the second quarter worth $73,000. High Note Wealth LLC boosted its position in iShares 1-5 Year Investment Grade Corporate Bond ETF by 2,174.7% in the third quarter. High Note Wealth LLC now owns 1,706 shares of the company’s stock worth $90,000 after purchasing an additional 1,631 shares during the last quarter. Finally, Steigerwald Gordon & Koch Inc. bought a new position in iShares 1-5 Year Investment Grade Corporate Bond ETF in the 3rd quarter valued at $110,000. Hedge funds and other institutional investors own 76.06% of the company’s stock.

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

Shares of iShares 1-5 Year Investment Grade Corporate Bond ETF stock opened at $53.13 on Monday. iShares 1-5 Year Investment Grade Corporate Bond ETF has a 1 year low of $51.49 and a 1 year high of $53.18. The stock has a fifty day moving average price of $52.96 and a 200-day moving average price of $52.95.

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

The business also recently disclosed a monthly dividend, which was paid on Thursday, February 5th. Investors of record on Monday, February 2nd were issued a dividend of $0.198 per share. This represents a c) dividend on an annualized basis and a yield of 4.5%. The ex-dividend date was Monday, February 2nd.

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.