Mascoma Wealth Management LLC Sells 993 Shares of iShares 1-5 Year Investment Grade Corporate Bond ETF (NASDAQ:IGSB)

Mascoma Wealth Management LLC lowered its holdings in iShares 1-5 Year Investment Grade Corporate Bond ETF (NASDAQ:IGSB) by 19.7% in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 4,052 shares of the company’s stock after selling 993 shares during the period. Mascoma Wealth Management LLC’s holdings in iShares 1-5 Year Investment Grade Corporate Bond ETF were worth $212,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of IGSB. Ameriprise Financial Inc. boosted its holdings in iShares 1-5 Year Investment Grade Corporate Bond ETF by 9.0% in the 4th quarter. Ameriprise Financial Inc. now owns 13,266,565 shares of the company’s stock valued at $685,295,000 after purchasing an additional 1,090,281 shares during the period. Allstate Corp raised its position in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF by 23.5% in the 4th quarter. Allstate Corp now owns 4,116,056 shares of the company’s stock valued at $212,800,000 after buying an additional 782,750 shares in the last quarter. Greenwood Gearhart Inc. raised its position in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF by 59.9% in the 4th quarter. Greenwood Gearhart Inc. now owns 1,039,767 shares of the company’s stock valued at $53,756,000 after buying an additional 389,339 shares in the last quarter. SVB Wealth LLC acquired a new position in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF in the 4th quarter valued at approximately $18,576,000. Finally, Parkside Investments LLC raised its position in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF by 31.0% in the 1st quarter. Parkside Investments LLC now owns 1,044,086 shares of the company’s stock valued at $54,679,000 after buying an additional 246,938 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

Shares of NASDAQ:IGSB opened at $52.70 on Friday. The firm has a 50 day moving average of $52.29 and a 200-day moving average of $52.07. iShares 1-5 Year Investment Grade Corporate Bond ETF has a 12 month low of $51.00 and a 12 month high of $52.74.

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

The company also recently announced a monthly dividend, which was paid on Thursday, June 5th. Stockholders of record on Monday, June 2nd were given a $0.1942 dividend. This represents a $2.33 annualized dividend and a dividend yield of 4.42%. The ex-dividend date was Monday, June 2nd.

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.