iShares 1-5 Year Investment Grade Corporate Bond ETF $IGSB Shares Acquired by Bessemer Group Inc.

Bessemer Group Inc. grew its stake in iShares 1-5 Year Investment Grade Corporate Bond ETF (NASDAQ:IGSB) by 220.9% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 18,286 shares of the company’s stock after purchasing an additional 12,587 shares during the period. Bessemer Group Inc.’s holdings in iShares 1-5 Year Investment Grade Corporate Bond ETF were worth $961,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also recently made changes to their positions in IGSB. Captrust Financial Advisors increased its stake in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF by 6.1% in the 4th quarter. Captrust Financial Advisors now owns 4,838,714 shares of the company’s stock worth $255,871,000 after acquiring an additional 276,694 shares during the last quarter. Williams Jones Wealth Management LLC. raised its holdings in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF by 10.8% during the 4th quarter. Williams Jones Wealth Management LLC. now owns 1,741,769 shares of the company’s stock worth $92,105,000 after acquiring an additional 169,709 shares during the period. Parkside Investments LLC boosted its position in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF by 2.5% during the 4th quarter. Parkside Investments LLC now owns 1,605,056 shares of the company’s stock valued at $84,875,000 after acquiring an additional 39,720 shares during the last quarter. One Capital Management LLC grew its holdings in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF by 7.4% in the fourth quarter. One Capital Management LLC now owns 1,375,500 shares of the company’s stock valued at $72,736,000 after purchasing an additional 95,046 shares during the period. Finally, RiverFront Investment Group LLC grew its holdings in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF by 212.1% in the fourth quarter. RiverFront Investment Group LLC now owns 1,368,310 shares of the company’s stock valued at $72,356,000 after purchasing an additional 929,944 shares during the period. Institutional investors and hedge funds own 76.06% of the company’s stock.

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

iShares 1-5 Year Investment Grade Corporate Bond ETF stock opened at $52.01 on Friday. The company has a 50-day moving average price of $52.26 and a 200 day moving average price of $52.58. iShares 1-5 Year Investment Grade Corporate Bond ETF has a 12-month low of $51.97 and a 12-month high of $53.25.

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

The company also recently declared a monthly dividend, which was paid on Tuesday, July 7th. Stockholders of record on Wednesday, July 1st were given a dividend of $0.2011 per share. This represents a c) annualized dividend and a dividend yield of 4.6%. The ex-dividend date of this dividend was Wednesday, July 1st. This is a boost from iShares 1-5 Year Investment Grade Corporate Bond ETF’s previous monthly dividend of $0.20.

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.