Ameriprise Financial Inc. Has $702.69 Million Stock Holdings in iShares 1-5 Year Investment Grade Corporate Bond ETF $IGSB

Ameriprise Financial Inc. grew its holdings in iShares 1-5 Year Investment Grade Corporate Bond ETF (NASDAQ:IGSB) by 2.0% during the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 13,162,203 shares of the company’s stock after purchasing an additional 264,198 shares during the period. Ameriprise Financial Inc. owned approximately 3.16% of iShares 1-5 Year Investment Grade Corporate Bond ETF worth $702,693,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently made changes to their positions in IGSB. Root Financial Partners LLC bought a new stake in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF during the third quarter worth $39,000. Kelleher Financial Advisors acquired a new position in iShares 1-5 Year Investment Grade Corporate Bond ETF in the 3rd quarter worth about $51,000. Highline Wealth Partners LLC acquired a new position in iShares 1-5 Year Investment Grade Corporate Bond ETF in the 3rd quarter worth about $53,000. Silicon Valley Capital Partners bought a new position in iShares 1-5 Year Investment Grade Corporate Bond ETF in the second quarter valued at about $73,000. Finally, High Note Wealth LLC increased its stake in shares of 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 valued at $90,000 after buying an additional 1,631 shares during the period. Institutional investors own 76.06% of the company’s stock.

iShares 1-5 Year Investment Grade Corporate Bond ETF Trading Down 0.1%

Shares of NASDAQ IGSB opened at $52.46 on Monday. The company has a 50 day simple moving average of $52.96 and a 200 day simple moving average of $52.96. iShares 1-5 Year Investment Grade Corporate Bond ETF has a 1 year low of $51.49 and a 1 year high of $53.25.

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

The firm also recently declared a monthly dividend, which was paid on Thursday, March 5th. Stockholders of record on Monday, March 2nd were paid a dividend of $0.1972 per share. The ex-dividend date of this dividend was Monday, March 2nd. This represents a c) annualized dividend and a dividend yield of 4.5%.

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.