Schechter Investment Advisors LLC Sells 3,500 Shares of iShares 1-5 Year Investment Grade Corporate Bond ETF (NASDAQ:IGSB)

Schechter Investment Advisors LLC decreased its holdings in iShares 1-5 Year Investment Grade Corporate Bond ETF (NASDAQ:IGSB) by 15.4% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 19,210 shares of the company’s stock after selling 3,500 shares during the period. Schechter Investment Advisors LLC’s holdings in iShares 1-5 Year Investment Grade Corporate Bond ETF were worth $985,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors also recently bought and sold shares of the business. Householder Group Estate & Retirement Specialist LLC acquired a new position in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF during the third quarter worth $31,000. Headinvest LLC acquired a new position in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF during the third quarter worth $33,000. Indiana Trust & Investment Management CO acquired a new position in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF during the third quarter worth $38,000. Coppell Advisory Solutions Corp. acquired a new position in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF during the fourth quarter worth $48,000. Finally, Payden & Rygel Investment Group acquired a new position in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF during the third quarter worth $87,000. Institutional investors own 74.81% of the company’s stock.

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

Shares of 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 company’s fifty day moving average price is $51.16 and its 200-day moving average price is $50.61.

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

The business also recently disclosed a monthly dividend, which was paid on Thursday, March 7th. Stockholders of record on Monday, March 4th were issued a dividend of $0.1623 per share. This represents a $1.95 dividend on an annualized basis and a dividend yield of 3.79%. The ex-dividend date was Friday, March 1st.

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.