Integrated Wealth Concepts LLC Has $4.59 Million Position in iShares 1-5 Year Investment Grade Corporate Bond ETF (NASDAQ:IGSB)

Integrated Wealth Concepts LLC lifted its stake in iShares 1-5 Year Investment Grade Corporate Bond ETF (NASDAQ:IGSB) by 0.3% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 87,069 shares of the company’s stock after purchasing an additional 297 shares during the period. Integrated Wealth Concepts LLC’s holdings in iShares 1-5 Year Investment Grade Corporate Bond ETF were worth $4,585,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of IGSB. Zions Bancorporation N.A. acquired a new stake in iShares 1-5 Year Investment Grade Corporate Bond ETF during the 2nd quarter worth $154,000. Family Firm Inc. acquired a new stake in iShares 1-5 Year Investment Grade Corporate Bond ETF during the 2nd quarter worth $49,000. Waterloo Capital L.P. grew its holdings in iShares 1-5 Year Investment Grade Corporate Bond ETF by 40.3% during the 2nd quarter. Waterloo Capital L.P. now owns 10,577 shares of the company’s stock worth $542,000 after acquiring an additional 3,040 shares during the period. SlateStone Wealth LLC grew its holdings in iShares 1-5 Year Investment Grade Corporate Bond ETF by 11.9% during the 2nd quarter. SlateStone Wealth LLC now owns 12,910 shares of the company’s stock worth $662,000 after acquiring an additional 1,375 shares during the period. Finally, Parallel Advisors LLC grew its holdings in iShares 1-5 Year Investment Grade Corporate Bond ETF by 0.7% during the 2nd quarter. Parallel Advisors LLC now owns 60,305 shares of the company’s stock worth $3,090,000 after acquiring an additional 419 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 Up 0.1 %

IGSB opened at $52.03 on Thursday. The company has a fifty day moving average price of $52.09 and a two-hundred day moving average price of $51.86. iShares 1-5 Year Investment Grade Corporate Bond ETF has a 52 week low of $50.52 and a 52 week high of $52.74.

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

The firm also recently announced a dividend, which will be paid on Thursday, December 5th. Shareholders of record on Monday, December 2nd will be issued a dividend of $0.1842 per share. The ex-dividend date of this dividend is Monday, December 2nd. This is a positive change from iShares 1-5 Year Investment Grade Corporate Bond ETF’s previous dividend of $0.18.

iShares 1-5 Year Investment Grade Corporate Bond ETF Company 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.