iShares 1-5 Year Investment Grade Corporate Bond ETF (NASDAQ:IGSB) Shares Sold by Crescent Grove Advisors LLC

Crescent Grove Advisors LLC cut its stake in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF (NASDAQ:IGSB) by 2.2% in the 4th quarter, Holdings Channel.com reports. The firm owned 85,191 shares of the company’s stock after selling 1,931 shares during the period. Crescent Grove Advisors LLC’s holdings in iShares 1-5 Year Investment Grade Corporate Bond ETF were worth $4,404,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Marshall Wace LLP raised its position in iShares 1-5 Year Investment Grade Corporate Bond ETF by 57.1% during the 2nd quarter. Marshall Wace LLP now owns 219,900 shares of the company’s stock worth $11,268,000 after buying an additional 79,900 shares during the last quarter. Sunbelt Securities Inc. increased its stake in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF by 30.7% during the second quarter. Sunbelt Securities Inc. now owns 6,385 shares of the company’s stock worth $327,000 after acquiring an additional 1,498 shares during the period. Lazari Capital Management Inc. purchased a new position in iShares 1-5 Year Investment Grade Corporate Bond ETF during the second quarter worth about $409,000. Burns J W & Co. Inc. NY lifted its position in iShares 1-5 Year Investment Grade Corporate Bond ETF by 0.8% in the third quarter. Burns J W & Co. Inc. NY now owns 52,367 shares of the company’s stock valued at $2,758,000 after purchasing an additional 415 shares during the period. Finally, Future Financial Wealth Managment LLC purchased a new stake in iShares 1-5 Year Investment Grade Corporate Bond ETF in the 3rd quarter valued at approximately $104,000. 76.06% of the stock is currently owned by hedge funds and other institutional investors.

iShares 1-5 Year Investment Grade Corporate Bond ETF Trading Up 0.1 %

NASDAQ IGSB opened at $51.88 on Friday. The business’s 50 day moving average is $51.81 and its two-hundred day moving average is $52.00. iShares 1-5 Year Investment Grade Corporate Bond ETF has a 12-month low of $50.58 and a 12-month high of $52.74.

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

The firm also recently disclosed a monthly dividend, which was paid on Monday, December 23rd. Investors of record on Wednesday, December 18th were issued a dividend of $0.181 per share. This represents a $2.17 dividend on an annualized basis and a yield of 4.19%. The ex-dividend date of this dividend was Wednesday, December 18th.

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.