Graybill Wealth Management LTD. Buys 4,322 Shares of iShares 1-5 Year Investment Grade Corporate Bond ETF (NASDAQ:IGSB)

Graybill Wealth Management LTD. boosted its stake in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF (NASDAQ:IGSB) by 6.8% in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 67,595 shares of the company’s stock after buying an additional 4,322 shares during the period. Graybill Wealth Management LTD.’s holdings in iShares 1-5 Year Investment Grade Corporate Bond ETF were worth $3,466,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in the stock. Future Financial Wealth Managment LLC purchased a new position in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF in the 1st quarter worth about $142,000. Parkside Investments LLC raised its holdings in iShares 1-5 Year Investment Grade Corporate Bond ETF by 36.5% in the first quarter. Parkside Investments LLC now owns 604,735 shares of the company’s stock worth $31,011,000 after buying an additional 161,740 shares during the last quarter. Massmutual Trust Co. FSB ADV lifted its stake in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF by 3.9% in the first quarter. Massmutual Trust Co. FSB ADV now owns 30,994 shares of the company’s stock worth $1,589,000 after buying an additional 1,169 shares in the last quarter. Strategic Advocates LLC purchased a new stake in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF during the first quarter valued at approximately $4,042,000. Finally, Confluence Investment Management LLC purchased a new stake in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF during the first quarter valued at approximately $5,288,000. Hedge funds and other institutional investors own 76.06% of the company’s stock.

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

NASDAQ IGSB traded up $0.05 during mid-day trading on Thursday, reaching $51.26. The stock had a trading volume of 700,296 shares, compared to its average volume of 2,948,713. 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 has a fifty day moving average price of $51.03 and a 200 day moving average price of $51.09.

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

The firm also recently declared a monthly dividend, which was paid on Friday, June 7th. Stockholders of record on Monday, June 3rd were paid a $0.1744 dividend. This represents a $2.09 annualized dividend and a dividend yield of 4.08%. The ex-dividend date was Monday, June 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.