Captrust Financial Advisors Increases Stake in iShares 1-5 Year Investment Grade Corporate Bond ETF (NASDAQ:IGSB)

Captrust Financial Advisors increased its position in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF (NASDAQ:IGSB) by 26.5% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 2,747,270 shares of the company’s stock after purchasing an additional 574,897 shares during the period. Captrust Financial Advisors’ holdings in iShares 1-5 Year Investment Grade Corporate Bond ETF were worth $144,672,000 at the end of the most recent quarter.

Other hedge funds also recently added to or reduced their stakes in the company. Haverford Trust Co lifted its position in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF by 2.5% during the third quarter. Haverford Trust Co now owns 1,932,071 shares of the company’s stock worth $101,743,000 after purchasing an additional 47,794 shares during the last quarter. Money Design Co. Ltd. increased its stake in iShares 1-5 Year Investment Grade Corporate Bond ETF by 5.0% in the 3rd quarter. Money Design Co. Ltd. now owns 1,164,005 shares of the company’s stock worth $61,297,000 after buying an additional 55,016 shares during the period. Klaas Financial Asset Advisors LLC lifted its holdings in iShares 1-5 Year Investment Grade Corporate Bond ETF by 0.8% during the 3rd quarter. Klaas Financial Asset Advisors LLC now owns 935,645 shares of the company’s stock valued at $49,271,000 after buying an additional 7,867 shares in the last quarter. Janney Montgomery Scott LLC boosted its position in iShares 1-5 Year Investment Grade Corporate Bond ETF by 2.8% in the 3rd quarter. Janney Montgomery Scott LLC now owns 697,273 shares of the company’s stock valued at $36,718,000 after buying an additional 19,218 shares during the period. Finally, Parkside Investments LLC grew its stake in iShares 1-5 Year Investment Grade Corporate Bond ETF by 15.0% in the 2nd quarter. Parkside Investments LLC now owns 695,665 shares of the company’s stock worth $35,646,000 after acquiring an additional 90,930 shares in the last quarter. 76.06% of the stock is currently owned by institutional investors.

iShares 1-5 Year Investment Grade Corporate Bond ETF Stock Up 0.1 %

Shares of NASDAQ:IGSB opened at $52.04 on Friday. The firm’s 50 day simple moving average is $52.14 and its 200-day simple moving average is $51.82. iShares 1-5 Year Investment Grade Corporate Bond ETF has a one year low of $50.42 and a one year high of $52.74.

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

The company also recently announced a monthly dividend, which was paid on Wednesday, November 6th. Shareholders of record on Friday, November 1st were given a dividend of $0.1836 per share. The ex-dividend date of this dividend was Friday, November 1st. This is a positive change from iShares 1-5 Year Investment Grade Corporate Bond ETF’s previous monthly dividend of $0.18. This represents a $2.20 dividend on an annualized basis and a yield of 4.23%.

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.