Bull Street Advisors LLC Cuts Position in iShares 1-5 Year Investment Grade Corporate Bond ETF (NASDAQ:IGSB)

Bull Street Advisors LLC lessened its holdings in iShares 1-5 Year Investment Grade Corporate Bond ETF (NASDAQ:IGSB) by 1.7% during the fourth quarter, Holdings Channel.com reports. The firm owned 84,530 shares of the company’s stock after selling 1,500 shares during the quarter. iShares 1-5 Year Investment Grade Corporate Bond ETF comprises about 2.2% of Bull Street Advisors LLC’s portfolio, making the stock its 12th largest holding. Bull Street Advisors LLC’s holdings in iShares 1-5 Year Investment Grade Corporate Bond ETF were worth $4,492,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Eagle Asset Management Inc. lifted its stake in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF by 5.4% in the third quarter. Eagle Asset Management Inc. now owns 14,149 shares of the company’s stock worth $735,000 after buying an additional 721 shares in the last quarter. Bartlett & CO. Wealth Management LLC lifted its stake in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF by 6.5% in the third quarter. Bartlett & CO. Wealth Management LLC now owns 586,165 shares of the company’s stock worth $30,867,000 after buying an additional 35,557 shares in the last quarter. Greenwood Gearhart Inc. lifted its stake in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF by 2.7% in the third quarter. Greenwood Gearhart Inc. now owns 650,428 shares of the company’s stock worth $34,252,000 after buying an additional 16,987 shares in the last quarter. Prime Capital Investment Advisors LLC lifted its stake in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF by 21.2% in the third quarter. Prime Capital Investment Advisors LLC now owns 218,891 shares of the company’s stock worth $11,527,000 after buying an additional 38,347 shares in the last quarter. Finally, Haverford Trust Co lifted its stake in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF by 2.5% in the third quarter. Haverford Trust Co now owns 1,932,071 shares of the company’s stock worth $101,743,000 after buying an additional 47,794 shares in the last quarter. Hedge funds and other institutional investors own 76.06% of the company’s stock.

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

Shares of NASDAQ IGSB opened at $51.96 on Friday. The firm’s 50 day moving average price is $51.80 and its 200-day moving average price is $52.04. 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.

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

The company also recently announced a dividend, which was paid on Thursday, February 6th. Stockholders of record on Monday, February 3rd were paid a $0.1874 dividend. The ex-dividend date was Monday, February 3rd. This is an increase 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.