Capital Investment Services of America Inc. Sells 800 Shares of iShares 1-5 Year Investment Grade Corporate Bond ETF (NASDAQ:IGSB)

Capital Investment Services of America Inc. cut its holdings in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF (NASDAQ:IGSB) by 0.6% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 129,132 shares of the company’s stock after selling 800 shares during the period. Capital Investment Services of America Inc.’s holdings in iShares 1-5 Year Investment Grade Corporate Bond ETF were worth $6,763,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently made changes to their positions in IGSB. SBI Securities Co. Ltd. bought a new stake in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF during the fourth quarter worth about $36,000. Bank of New Hampshire bought a new stake in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF during the first quarter worth about $36,000. Copia Wealth Management bought a new stake in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF during the fourth quarter worth about $50,000. Bogart Wealth LLC increased its position in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF by 924.0% during the fourth quarter. Bogart Wealth LLC now owns 1,239 shares of the company’s stock worth $64,000 after acquiring an additional 1,118 shares in the last quarter. Finally, Providence First Trust Co bought a new stake in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF during the fourth quarter worth about $67,000. 76.06% of the stock is owned by institutional investors.

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

Shares of IGSB stock opened at $52.31 on Friday. iShares 1-5 Year Investment Grade Corporate Bond ETF has a 52-week low of $51.00 and a 52-week high of $52.74. The company has a 50-day simple moving average of $52.18 and a two-hundred day simple moving average of $52.03.

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

The company also recently disclosed a monthly dividend, which was paid on Thursday, June 5th. Shareholders of record on Monday, June 2nd were given a $0.1942 dividend. This represents a $2.33 dividend on an annualized basis and a yield of 4.46%. The ex-dividend date was Monday, June 2nd.

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.