CoreCap Advisors LLC Decreases Stock Holdings in iShares 1-5 Year Investment Grade Corporate Bond ETF $IGSB

CoreCap Advisors LLC reduced its position in iShares 1-5 Year Investment Grade Corporate Bond ETF (NASDAQ:IGSB) by 41.1% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 55,485 shares of the company’s stock after selling 38,641 shares during the period. CoreCap Advisors LLC’s holdings in iShares 1-5 Year Investment Grade Corporate Bond ETF were worth $2,934,000 at the end of the most recent quarter.

Several other large investors have also recently modified their holdings of the company. AdvisorNet Financial Inc boosted its stake in iShares 1-5 Year Investment Grade Corporate Bond ETF by 1.5% in the third quarter. AdvisorNet Financial Inc now owns 17,288 shares of the company’s stock valued at $917,000 after acquiring an additional 260 shares in the last quarter. Aventus Investment Advisors Inc. increased its position in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF by 0.4% during the third quarter. Aventus Investment Advisors Inc. now owns 70,845 shares of the company’s stock worth $3,757,000 after purchasing an additional 312 shares in the last quarter. United Community Bank lifted its holdings in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF by 1.3% during the 3rd quarter. United Community Bank now owns 32,535 shares of the company’s stock valued at $1,725,000 after purchasing an additional 420 shares during the last quarter. Fort Washington Investment Advisors Inc. OH lifted its holdings in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF by 3.5% during the 4th quarter. Fort Washington Investment Advisors Inc. OH now owns 14,036 shares of the company’s stock valued at $742,000 after purchasing an additional 472 shares during the last quarter. Finally, Harbor Investment Advisory LLC boosted its position in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF by 142.9% in the 4th quarter. Harbor Investment Advisory LLC now owns 850 shares of the company’s stock worth $45,000 after purchasing an additional 500 shares in the last quarter. Institutional investors own 76.06% of the company’s stock.

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

Shares of IGSB stock opened at $52.31 on Friday. The stock’s fifty day moving average price is $52.87 and its 200 day moving average price is $52.93. 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 was Monday, March 2nd. This represents a c) dividend on an annualized basis 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.