iShares 1-5 Year Investment Grade Corporate Bond ETF (NASDAQ:IGSB) Holdings Increased by JPMorgan Chase & Co.

JPMorgan Chase & Co. increased its stake in iShares 1-5 Year Investment Grade Corporate Bond ETF (NASDAQ:IGSB) by 7.4% in the 4th quarter, HoldingsChannel reports. The fund owned 3,162,566 shares of the company’s stock after acquiring an additional 218,036 shares during the period. JPMorgan Chase & Co.’s holdings in iShares 1-5 Year Investment Grade Corporate Bond ETF were worth $163,505,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in IGSB. PSI Advisors LLC grew its holdings in shares of 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 valued at $25,000 after buying an additional 206 shares in the last quarter. SBI Securities Co. Ltd. acquired a new stake in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF in the 4th quarter valued at $36,000. Fortitude Family Office LLC acquired a new stake in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF in the fourth quarter worth about $43,000. 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. Finally, Bogart Wealth LLC lifted its stake in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF by 924.0% in the fourth quarter. Bogart Wealth LLC now owns 1,239 shares of the company’s stock worth $64,000 after buying an additional 1,118 shares during the last quarter. 76.06% of the stock is owned by institutional investors.

iShares 1-5 Year Investment Grade Corporate Bond ETF Trading Down 0.3 %

Shares of IGSB opened at $52.22 on Wednesday. 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 company’s fifty day moving average price is $52.06 and its 200 day moving average price is $52.03.

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

The firm also recently disclosed a dividend, which will be paid on Friday, April 4th. Investors of record on Tuesday, April 1st will be given a dividend of $0.1927 per share. The ex-dividend date of this dividend is Tuesday, April 1st. This is a boost from iShares 1-5 Year Investment Grade Corporate Bond ETF’s previous dividend of $0.19.

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.