Peloton Wealth Strategists Grows Stock Position in iShares 1-5 Year Investment Grade Corporate Bond ETF (NASDAQ:IGSB)

Peloton Wealth Strategists grew its position in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF (NASDAQ:IGSB) by 7.5% during the third quarter, Holdings Channel reports. The institutional investor owned 11,357 shares of the company’s stock after purchasing an additional 793 shares during the quarter. Peloton Wealth Strategists’ holdings in iShares 1-5 Year Investment Grade Corporate Bond ETF were worth $598,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Captrust Financial Advisors lifted its holdings in iShares 1-5 Year Investment Grade Corporate Bond ETF by 26.5% during the third quarter. Captrust Financial Advisors now owns 2,747,270 shares of the company’s stock valued at $144,672,000 after purchasing an additional 574,897 shares during the last quarter. Summit Financial LLC lifted its stake in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF by 732.8% during the 2nd quarter. Summit Financial LLC now owns 149,574 shares of the company’s stock valued at $7,664,000 after buying an additional 131,614 shares in the last quarter. Marshall Wace LLP boosted its holdings in iShares 1-5 Year Investment Grade Corporate Bond ETF by 57.1% in the 2nd quarter. Marshall Wace LLP now owns 219,900 shares of the company’s stock worth $11,268,000 after buying an additional 79,900 shares during the period. Strategic Advocates LLC grew its stake in iShares 1-5 Year Investment Grade Corporate Bond ETF by 61.5% in the 3rd quarter. Strategic Advocates LLC now owns 163,926 shares of the company’s stock valued at $8,632,000 after buying an additional 62,428 shares in the last quarter. Finally, Money Design Co. Ltd. grew 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 valued at $61,297,000 after buying an additional 55,016 shares in the last quarter. 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 $52.10 on Monday. iShares 1-5 Year Investment Grade Corporate Bond ETF has a 1 year low of $50.52 and a 1 year high of $52.74. The stock’s fifty day moving average price is $52.06 and its two-hundred day moving average price is $51.87.

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

The firm also recently disclosed a dividend, which was paid on Thursday, December 5th. Investors of record on Monday, December 2nd were given a $0.1842 dividend. The ex-dividend date was Monday, December 2nd. This is an increase from iShares 1-5 Year Investment Grade Corporate Bond ETF’s previous dividend of $0.18.

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.