Arkadios Wealth Advisors Has $1.93 Million Position in iShares 1-5 Year Investment Grade Corporate Bond ETF $IGSB

Arkadios Wealth Advisors boosted its position in iShares 1-5 Year Investment Grade Corporate Bond ETF (NASDAQ:IGSB) by 2.8% in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 36,564 shares of the company’s stock after purchasing an additional 993 shares during the period. Arkadios Wealth Advisors’ holdings in iShares 1-5 Year Investment Grade Corporate Bond ETF were worth $1,929,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. Keystone Global Partners LLC increased its stake in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF by 108.8% in the second quarter. Keystone Global Partners LLC now owns 520,705 shares of the company’s stock valued at $27,000 after buying an additional 271,286 shares during the period. Private Wealth Asset Management LLC acquired a new stake in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF in the second quarter valued at about $29,000. Thurston Springer Miller Herd & Titak Inc. acquired a new stake in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF in the second quarter valued at about $46,000. Valley Wealth Managers Inc. increased its stake in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF by 64.6% in the first quarter. Valley Wealth Managers Inc. now owns 1,236 shares of the company’s stock valued at $65,000 after buying an additional 485 shares during the period. Finally, Olde Wealth Management LLC acquired a new stake in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF in the first quarter valued at about $68,000. Institutional investors and hedge funds own 76.06% of the company’s stock.

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

Shares of IGSB stock opened at $53.01 on Friday. The stock has a 50-day moving average of $53.01 and a 200-day moving average of $52.63. iShares 1-5 Year Investment Grade Corporate Bond ETF has a 1-year low of $51.39 and a 1-year high of $53.18.

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

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

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.