iShares 1-5 Year Investment Grade Corporate Bond ETF $IGSB Shares Bought by Bank of New York Mellon Corp

Bank of New York Mellon Corp raised its position in iShares 1-5 Year Investment Grade Corporate Bond ETF (NASDAQ:IGSB) by 17.2% in the first quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 519,996 shares of the company’s stock after buying an additional 76,230 shares during the period. Bank of New York Mellon Corp owned about 0.12% of iShares 1-5 Year Investment Grade Corporate Bond ETF worth $27,331,000 at the end of the most recent quarter.

A number of other large investors have also modified their holdings of IGSB. Equitable Trust Co. grew its holdings in iShares 1-5 Year Investment Grade Corporate Bond ETF by 3.0% in the first quarter. Equitable Trust Co. now owns 205,824 shares of the company’s stock valued at $10,818,000 after purchasing an additional 6,024 shares during the period. First Horizon Corp raised its position in iShares 1-5 Year Investment Grade Corporate Bond ETF by 19.6% during the first quarter. First Horizon Corp now owns 3,963 shares of the company’s stock worth $208,000 after acquiring an additional 649 shares during the period. Cooksen Wealth LLC raised its position in iShares 1-5 Year Investment Grade Corporate Bond ETF by 3.7% during the first quarter. Cooksen Wealth LLC now owns 35,389 shares of the company’s stock worth $1,860,000 after acquiring an additional 1,267 shares during the period. Bogart Wealth LLC raised its position in iShares 1-5 Year Investment Grade Corporate Bond ETF by 161.4% during the first quarter. Bogart Wealth LLC now owns 3,239 shares of the company’s stock worth $170,000 after acquiring an additional 2,000 shares during the period. Finally, Ascentis Independent Advisors lifted its holdings in iShares 1-5 Year Investment Grade Corporate Bond ETF by 48.6% during the first quarter. Ascentis Independent Advisors now owns 6,064 shares of the company’s stock valued at $319,000 after purchasing an additional 1,983 shares in the last quarter. Institutional investors and hedge funds own 76.06% of the company’s stock.

iShares 1-5 Year Investment Grade Corporate Bond ETF Trading Up 0.0%

Shares of NASDAQ IGSB opened at $52.06 on Tuesday. The company’s 50-day simple moving average is $52.26 and its 200-day simple moving average is $52.57. iShares 1-5 Year Investment Grade Corporate Bond ETF has a 52-week low of $51.97 and a 52-week high of $53.25.

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

The business also recently declared a monthly dividend, which was paid on Tuesday, July 7th. Investors of record on Wednesday, July 1st were paid a $0.2011 dividend. The ex-dividend date of this dividend was Wednesday, July 1st. This represents a c) dividend on an annualized basis and a yield of 4.6%. 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.