Curbstone Financial Management Corp Cuts Position in iShares 1-5 Year Investment Grade Corporate Bond ETF $IGSB

Curbstone Financial Management Corp lessened its stake in iShares 1-5 Year Investment Grade Corporate Bond ETF (NASDAQ:IGSB) by 0.9% in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 63,890 shares of the company’s stock after selling 550 shares during the quarter. Curbstone Financial Management Corp’s holdings in iShares 1-5 Year Investment Grade Corporate Bond ETF were worth $3,371,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. Parkside Investments LLC increased its holdings in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF by 26.4% in the 2nd quarter. Parkside Investments LLC now owns 1,320,082 shares of the company’s stock valued at $69,648,000 after purchasing an additional 275,996 shares in the last quarter. GAMMA Investing LLC increased its holdings in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF by 5,137.5% in the 1st quarter. GAMMA Investing LLC now owns 2,514 shares of the company’s stock valued at $132,000 after purchasing an additional 2,466 shares in the last quarter. Bank of New York Mellon Corp grew its stake in iShares 1-5 Year Investment Grade Corporate Bond ETF by 3.7% in the 1st quarter. Bank of New York Mellon Corp now owns 470,015 shares of the company’s stock valued at $24,615,000 after acquiring an additional 16,644 shares during the last quarter. Flow Traders U.S. LLC acquired a new stake in iShares 1-5 Year Investment Grade Corporate Bond ETF in the 1st quarter valued at about $7,792,000. Finally, eCIO Inc. acquired a new stake in iShares 1-5 Year Investment Grade Corporate Bond ETF in the 1st quarter valued at about $252,000. Hedge funds and other institutional investors own 76.06% of the company’s stock.

iShares 1-5 Year Investment Grade Corporate Bond ETF Price Performance

Shares of NASDAQ IGSB opened at $53.08 on Friday. iShares 1-5 Year Investment Grade Corporate Bond ETF has a 52 week low of $51.39 and a 52 week high of $53.16. The company’s 50-day moving average price is $52.95 and its 200 day moving average price is $52.55.

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

The firm also recently disclosed a monthly dividend, which was paid on Monday, October 6th. Investors of record on Wednesday, October 1st were paid a $0.1987 dividend. This represents a c) dividend on an annualized basis and a yield of 4.5%. The ex-dividend date of this dividend was Wednesday, October 1st.

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.