iShares 1-5 Year Investment Grade Corporate Bond ETF $IGSB Stock Position Raised by Parallel Advisors LLC

Parallel Advisors LLC raised its stake in iShares 1-5 Year Investment Grade Corporate Bond ETF (NASDAQ:IGSB) by 3.7% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 286,184 shares of the company’s stock after buying an additional 10,078 shares during the quarter. Parallel Advisors LLC owned 0.07% of iShares 1-5 Year Investment Grade Corporate Bond ETF worth $15,192,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in the stock. Ameriprise Financial Inc. increased its stake in iShares 1-5 Year Investment Grade Corporate Bond ETF by 2.0% in the 3rd quarter. Ameriprise Financial Inc. now owns 13,162,203 shares of the company’s stock valued at $702,693,000 after buying an additional 264,198 shares during the period. Captrust Financial Advisors increased its stake in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF by 8.5% during the 3rd quarter. Captrust Financial Advisors now owns 4,562,020 shares of the company’s stock worth $241,924,000 after purchasing an additional 356,047 shares during the last quarter. JPMorgan Chase & Co. increased its stake in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF by 20.4% during the 3rd quarter. JPMorgan Chase & Co. now owns 3,466,237 shares of the company’s stock worth $183,815,000 after purchasing an additional 586,487 shares during the last quarter. Parkside Investments LLC increased its stake in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF by 2.5% during the 4th quarter. Parkside Investments LLC now owns 1,605,056 shares of the company’s stock worth $84,875,000 after purchasing an additional 39,720 shares during the last quarter. Finally, One Capital Management LLC increased its stake in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF by 7.4% during the 4th quarter. One Capital Management LLC now owns 1,375,500 shares of the company’s stock worth $72,736,000 after purchasing an additional 95,046 shares during the last quarter. Institutional investors and hedge funds own 76.06% of the company’s stock.

iShares 1-5 Year Investment Grade Corporate Bond ETF Trading Up 0.1%

Shares of IGSB opened at $52.29 on Friday. iShares 1-5 Year Investment Grade Corporate Bond ETF has a one year low of $52.12 and a one year high of $53.25. The company’s fifty day moving average price is $52.46 and its 200 day moving average price is $52.75.

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

The firm also recently disclosed a monthly dividend, which was paid on Thursday, June 4th. Stockholders of record on Monday, June 1st were paid a $0.1996 dividend. The ex-dividend date was Monday, June 1st. This is a boost from iShares 1-5 Year Investment Grade Corporate Bond ETF’s previous monthly dividend of $0.20. This represents a c) dividend on an annualized basis and a dividend yield of 4.6%.

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.