Nvwm LLC Makes New Investment in iShares 1-5 Year Investment Grade Corporate Bond ETF (NASDAQ:IGSB)

Nvwm LLC bought a new position in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF (NASDAQ:IGSB) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 20,278 shares of the company’s stock, valued at approximately $1,048,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Lazari Capital Management Inc. lifted its holdings in iShares 1-5 Year Investment Grade Corporate Bond ETF by 65.3% during the fourth quarter. Lazari Capital Management Inc. now owns 14,652 shares of the company’s stock worth $758,000 after acquiring an additional 5,787 shares during the period. Princeton Global Asset Management LLC increased its position in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF by 2.0% during the 4th quarter. Princeton Global Asset Management LLC now owns 47,599 shares of the company’s stock valued at $2,461,000 after purchasing an additional 951 shares during the last quarter. Strategic Advocates LLC raised its stake in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF by 10.5% during the 4th quarter. Strategic Advocates LLC now owns 181,190 shares of the company’s stock worth $9,368,000 after purchasing an additional 17,264 shares during the period. Crews Bank & Trust purchased a new position in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF in the 4th quarter worth about $148,000. Finally, DMC Group LLC grew its position in iShares 1-5 Year Investment Grade Corporate Bond ETF by 2.0% during the fourth quarter. DMC Group LLC now owns 45,921 shares of the company’s stock valued at $2,374,000 after buying an additional 919 shares during the period. Hedge funds and other institutional investors own 76.06% of the company’s stock.

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

Shares of IGSB stock opened at $51.86 on Wednesday. iShares 1-5 Year Investment Grade Corporate Bond ETF has a 52 week low of $50.58 and a 52 week high of $52.74. The firm’s 50-day simple moving average is $51.82 and its two-hundred day simple moving average is $52.03.

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

The business also recently declared a dividend, which will be paid on Thursday, February 6th. Investors of record on Monday, February 3rd will be issued a $0.1874 dividend. The ex-dividend date is Monday, February 3rd. This is a boost from iShares 1-5 Year Investment Grade Corporate Bond ETF’s previous dividend of $0.18.

About iShares 1-5 Year Investment Grade Corporate Bond ETF

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.