iShares 1-5 Year Investment Grade Corporate Bond ETF (NASDAQ:IGSB) Shares Purchased by 1620 Investment Advisors Inc.

1620 Investment Advisors Inc. increased its holdings in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF (NASDAQ:IGSB) by 3.9% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 39,927 shares of the company’s stock after buying an additional 1,493 shares during the quarter. iShares 1-5 Year Investment Grade Corporate Bond ETF comprises approximately 1.5% of 1620 Investment Advisors Inc.’s portfolio, making the stock its 11th biggest holding. 1620 Investment Advisors Inc.’s holdings in iShares 1-5 Year Investment Grade Corporate Bond ETF were worth $2,103,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Rise Advisors LLC acquired a new stake in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF during the 3rd quarter worth $29,000. Family Firm Inc. acquired a new stake in iShares 1-5 Year Investment Grade Corporate Bond ETF during the second quarter worth about $49,000. Richardson Financial Services Inc. raised its holdings in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF by 2,687.3% in the 1st quarter. Richardson Financial Services Inc. now owns 1,533 shares of the company’s stock worth $79,000 after purchasing an additional 1,478 shares during the period. Payden & Rygel Investment Group purchased a new stake in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF during the 1st quarter worth about $90,000. Finally, Future Financial Wealth Managment LLC acquired a new stake in iShares 1-5 Year Investment Grade Corporate Bond ETF during the 3rd quarter worth approximately $104,000. Hedge funds and other institutional investors own 76.06% of the company’s stock.

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

NASDAQ IGSB opened at $52.01 on Thursday. iShares 1-5 Year Investment Grade Corporate Bond ETF has a one year low of $49.53 and a one year high of $52.74. The company’s 50 day moving average price is $52.37 and its 200 day moving average price is $51.68.

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

The firm also recently announced a dividend, which was paid on Friday, September 6th. Stockholders of record on Tuesday, September 3rd were paid a $0.1782 dividend. The ex-dividend date was Tuesday, September 3rd.

iShares 1-5 Year Investment Grade Corporate Bond ETF 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.