Kingswood Wealth Advisors LLC Buys 2,612 Shares of iShares 1-5 Year Investment Grade Corporate Bond ETF (NASDAQ:IGSB)

Kingswood Wealth Advisors LLC grew its stake in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF (NASDAQ:IGSB) by 39.8% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 9,177 shares of the company’s stock after purchasing an additional 2,612 shares during the period. Kingswood Wealth Advisors LLC’s holdings in iShares 1-5 Year Investment Grade Corporate Bond ETF were worth $471,000 as of its most recent SEC filing.

A number of other large investors have also recently modified their holdings of the stock. Massmutual Trust Co. FSB ADV lifted its position in iShares 1-5 Year Investment Grade Corporate Bond ETF by 2.8% during the 3rd quarter. Massmutual Trust Co. FSB ADV now owns 14,395 shares of the company’s stock valued at $717,000 after acquiring an additional 387 shares during the period. Graybill Wealth Management LTD. lifted its position in iShares 1-5 Year Investment Grade Corporate Bond ETF by 2.8% during the 3rd quarter. Graybill Wealth Management LTD. now owns 61,346 shares of the company’s stock valued at $3,057,000 after acquiring an additional 1,649 shares during the period. Parkside Investments LLC lifted its position in iShares 1-5 Year Investment Grade Corporate Bond ETF by 0.7% during the 3rd quarter. Parkside Investments LLC now owns 292,650 shares of the company’s stock valued at $14,583,000 after acquiring an additional 2,015 shares during the period. Sunbelt Securities Inc. lifted its position in iShares 1-5 Year Investment Grade Corporate Bond ETF by 12.4% during the 3rd quarter. Sunbelt Securities Inc. now owns 8,994 shares of the company’s stock valued at $448,000 after acquiring an additional 995 shares during the period. Finally, New South Capital Management Inc. lifted its position in iShares 1-5 Year Investment Grade Corporate Bond ETF by 2.7% during the 3rd quarter. New South Capital Management Inc. now owns 65,903 shares of the company’s stock valued at $3,284,000 after acquiring an additional 1,720 shares during the period. Institutional investors own 74.81% of the company’s stock.

iShares 1-5 Year Investment Grade Corporate Bond ETF Price Performance

Shares of NASDAQ IGSB opened at $51.33 on Thursday. iShares 1-5 Year Investment Grade Corporate Bond ETF has a 1 year low of $49.36 and a 1 year high of $51.53. The firm has a 50-day moving average of $51.16 and a 200 day moving average of $50.61.

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

The company also recently announced a monthly dividend, which was paid on Thursday, March 7th. Shareholders of record on Monday, March 4th were issued a $0.1623 dividend. The ex-dividend date of this dividend was Friday, March 1st. This represents a $1.95 annualized dividend and a yield of 3.79%.

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.