Mount Lucas Management LP Raises Position in iShares 1-5 Year Investment Grade Corporate Bond ETF (NASDAQ:IGSB)

Mount Lucas Management LP increased its stake in iShares 1-5 Year Investment Grade Corporate Bond ETF (NASDAQ:IGSB) by 4.3% in the fourth quarter, Holdings Channel reports. The institutional investor owned 14,803 shares of the company’s stock after acquiring an additional 606 shares during the period. Mount Lucas Management LP’s holdings in iShares 1-5 Year Investment Grade Corporate Bond ETF were worth $765,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of the company. NYL Investors LLC raised its stake in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF by 9,168.7% in the fourth quarter. NYL Investors LLC now owns 9,709,053 shares of the company’s stock valued at $501,958,000 after acquiring an additional 9,604,302 shares during the period. Captrust Financial Advisors grew its holdings in iShares 1-5 Year Investment Grade Corporate Bond ETF by 26.5% during the 3rd quarter. Captrust Financial Advisors now owns 2,747,270 shares of the company’s stock valued at $144,672,000 after purchasing an additional 574,897 shares during the last quarter. Haverford Trust Co raised its position in iShares 1-5 Year Investment Grade Corporate Bond ETF by 2.5% in the 3rd quarter. Haverford Trust Co now owns 1,932,071 shares of the company’s stock worth $101,743,000 after purchasing an additional 47,794 shares during the period. Money Design Co. Ltd. lifted its stake in iShares 1-5 Year Investment Grade Corporate Bond ETF by 5.5% in the fourth quarter. Money Design Co. Ltd. now owns 1,228,263 shares of the company’s stock worth $63,501,000 after purchasing an additional 64,258 shares during the last quarter. Finally, One Capital Management LLC boosted its position in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF by 1.8% during the fourth quarter. One Capital Management LLC now owns 1,197,002 shares of the company’s stock valued at $61,885,000 after buying an additional 21,740 shares during the period. 76.06% of the stock is owned by hedge funds and other institutional investors.

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

IGSB opened at $52.11 on Monday. iShares 1-5 Year Investment Grade Corporate Bond ETF has a one year low of $50.58 and a one year high of $52.74. The stock’s 50 day moving average price is $51.90 and its 200-day moving average price is $52.05.

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

The business also recently disclosed a dividend, which was paid on Thursday, March 6th. Shareholders of record on Monday, March 3rd were given a $0.1867 dividend. The ex-dividend date of this dividend was Monday, March 3rd.

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.