NBT Bank N A NY Has $13.44 Million Stake in iShares 1-5 Year Investment Grade Corporate Bond ETF (NASDAQ:IGSB)

NBT Bank N A NY trimmed its position in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF (NASDAQ:IGSB) by 0.2% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 260,030 shares of the company’s stock after selling 531 shares during the period. iShares 1-5 Year Investment Grade Corporate Bond ETF accounts for 0.9% of NBT Bank N A NY’s investment portfolio, making the stock its 22nd largest holding. NBT Bank N A NY’s holdings in iShares 1-5 Year Investment Grade Corporate Bond ETF were worth $13,444,000 at the end of the most recent quarter.

A number of other institutional investors have also added to or reduced their stakes in IGSB. PSI Advisors LLC increased its holdings in iShares 1-5 Year Investment Grade Corporate Bond ETF by 74.9% during the fourth quarter. PSI Advisors LLC now owns 481 shares of the company’s stock worth $25,000 after buying an additional 206 shares during the last quarter. SBI Securities Co. Ltd. acquired a new position in iShares 1-5 Year Investment Grade Corporate Bond ETF during the fourth quarter worth $36,000. Kennebec Savings Bank bought a new position in iShares 1-5 Year Investment Grade Corporate Bond ETF during the third quarter worth $43,000. Fortitude Family Office LLC bought a new position in iShares 1-5 Year Investment Grade Corporate Bond ETF during the fourth quarter worth $43,000. Finally, Thompson Investment Management Inc. boosted its position in iShares 1-5 Year Investment Grade Corporate Bond ETF by 88.4% during the fourth quarter. Thompson Investment Management Inc. now owns 831 shares of the company’s stock worth $43,000 after purchasing an additional 390 shares during the period. 76.06% of the stock is currently owned by institutional investors and hedge funds.

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

IGSB stock opened at $52.11 on Monday. The company has a fifty day moving average price of $51.90 and a two-hundred day moving average price of $52.05. 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.

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 dividend of $0.1867 per share. The ex-dividend date was 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.