Parallel Advisors LLC Buys 419 Shares of iShares 1-5 Year Investment Grade Corporate Bond ETF (NASDAQ:IGSB)

Parallel Advisors LLC lifted its stake in iShares 1-5 Year Investment Grade Corporate Bond ETF (NASDAQ:IGSB) by 0.7% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 60,305 shares of the company’s stock after acquiring an additional 419 shares during the period. Parallel Advisors LLC’s holdings in iShares 1-5 Year Investment Grade Corporate Bond ETF were worth $3,090,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in the stock. ICA Group Wealth Management LLC purchased a new position in iShares 1-5 Year Investment Grade Corporate Bond ETF in the fourth quarter valued at about $25,000. Tidemark LLC purchased a new position in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF in the 4th quarter worth approximately $49,000. Family Firm Inc. bought a new position in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF during the 2nd quarter worth approximately $49,000. Park Place Capital Corp raised its stake in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF by 270.8% during the 1st quarter. Park Place Capital Corp now owns 1,483 shares of the company’s stock worth $76,000 after acquiring an additional 1,083 shares in the last quarter. Finally, Richardson Financial Services Inc. boosted its stake in iShares 1-5 Year Investment Grade Corporate Bond ETF by 2,687.3% in the first quarter. Richardson Financial Services Inc. now owns 1,533 shares of the company’s stock valued at $79,000 after acquiring an additional 1,478 shares in the last quarter. 76.06% of the stock is currently owned by hedge funds and other institutional investors.

iShares 1-5 Year Investment Grade Corporate Bond ETF Stock Up 0.2 %

Shares of IGSB stock opened at $52.60 on Friday. iShares 1-5 Year Investment Grade Corporate Bond ETF has a 12-month low of $49.36 and a 12-month high of $52.63. The business’s fifty day simple moving average is $51.98 and its 200-day simple moving average is $51.38.

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

The firm also recently announced a dividend, which was paid on Friday, September 6th. Investors of record on Tuesday, September 3rd were given a dividend of $0.1782 per share. The ex-dividend date was Tuesday, September 3rd.

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.