44,726 Shares in iShares 1-5 Year Investment Grade Corporate Bond ETF (NASDAQ:IGSB) Bought by Burke & Herbert Bank & Trust Co.

Burke & Herbert Bank & Trust Co. purchased a new position in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF (NASDAQ:IGSB) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 44,726 shares of the company’s stock, valued at approximately $2,292,000.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. ICA Group Wealth Management LLC bought a new position in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF in the fourth quarter valued at about $25,000. Tidemark LLC bought a new position in iShares 1-5 Year Investment Grade Corporate Bond ETF during the fourth quarter worth about $49,000. Park Place Capital Corp increased its position in iShares 1-5 Year Investment Grade Corporate Bond ETF by 270.8% during the first quarter. Park Place Capital Corp now owns 1,483 shares of the company’s stock worth $76,000 after acquiring an additional 1,083 shares during the period. Richardson Financial Services Inc. increased its position in iShares 1-5 Year Investment Grade Corporate Bond ETF by 2,687.3% during the first quarter. Richardson Financial Services Inc. now owns 1,533 shares of the company’s stock worth $79,000 after acquiring an additional 1,478 shares during the period. Finally, Payden & Rygel Investment Group bought a new position in iShares 1-5 Year Investment Grade Corporate Bond ETF during the first quarter worth about $90,000. 76.06% of the stock is owned by institutional investors.

iShares 1-5 Year Investment Grade Corporate Bond ETF Trading Up 0.3 %

iShares 1-5 Year Investment Grade Corporate Bond ETF stock traded up $0.15 during trading hours on Tuesday, reaching $52.11. 1,844,856 shares of the stock were exchanged, compared to its average volume of 2,769,093. iShares 1-5 Year Investment Grade Corporate Bond ETF has a twelve month low of $49.36 and a twelve month high of $52.13. The stock has a 50 day moving average of $51.45 and a two-hundred day moving average of $51.19.

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

The company also recently disclosed a monthly dividend, which was paid on Tuesday, August 6th. Shareholders of record on Thursday, August 1st were paid a dividend of $0.1761 per share. The ex-dividend date of this dividend was Thursday, August 1st. This represents a $2.11 dividend on an annualized basis and a yield of 4.05%.

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.