Schechter Investment Advisors LLC Has $754,000 Position in iShares 1-5 Year Investment Grade Corporate Bond ETF (NASDAQ:IGSB)

Schechter Investment Advisors LLC lessened its position in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF (NASDAQ:IGSB) by 8.9% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 14,594 shares of the company’s stock after selling 1,420 shares during the quarter. Schechter Investment Advisors LLC’s holdings in iShares 1-5 Year Investment Grade Corporate Bond ETF were worth $754,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in IGSB. Cooksen Wealth LLC lifted its holdings in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF by 0.6% in the 4th quarter. Cooksen Wealth LLC now owns 31,687 shares of the company’s stock worth $1,638,000 after purchasing an additional 197 shares in the last quarter. PSI Advisors LLC raised its stake in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF by 74.9% during the 4th quarter. PSI Advisors LLC now owns 481 shares of the company’s stock worth $25,000 after purchasing an additional 206 shares during the period. White Pine Capital LLC increased its holdings in iShares 1-5 Year Investment Grade Corporate Bond ETF by 1.1% in the 4th quarter. White Pine Capital LLC now owns 20,699 shares of the company’s stock worth $1,070,000 after acquiring an additional 222 shares during the last quarter. Rothschild Investment LLC increased its holdings in iShares 1-5 Year Investment Grade Corporate Bond ETF by 0.8% in the 4th quarter. Rothschild Investment LLC now owns 30,450 shares of the company’s stock worth $1,574,000 after acquiring an additional 229 shares during the last quarter. Finally, A. D. Beadell Investment Counsel Inc. grew its holdings in iShares 1-5 Year Investment Grade Corporate Bond ETF by 0.8% during the 4th quarter. A. D. Beadell Investment Counsel Inc. now owns 29,900 shares of the company’s stock valued at $1,545,000 after buying an additional 250 shares in the last quarter. Institutional investors and hedge funds own 76.06% of the company’s stock.

iShares 1-5 Year Investment Grade Corporate Bond ETF Stock Up 0.0 %

IGSB stock opened at $52.20 on Wednesday. iShares 1-5 Year Investment Grade Corporate Bond ETF has a twelve month low of $50.58 and a twelve month high of $52.74. The stock has a 50-day simple moving average of $51.87 and a two-hundred day simple moving average of $52.05.

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

The company also recently announced a dividend, which will be paid on Thursday, March 6th. Investors of record on Monday, March 3rd will be given a $0.1867 dividend. The ex-dividend date is Monday, March 3rd.

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.