iShares 1-5 Year Investment Grade Corporate Bond ETF $IGSB Shares Newly Purchased by Fort Washington Investment Advisors Inc. OH

Fort Washington Investment Advisors Inc. OH purchased a new position in iShares 1-5 Year Investment Grade Corporate Bond ETF (NASDAQ:IGSB) in the third quarter, HoldingsChannel reports. The institutional investor purchased 13,560 shares of the company’s stock, valued at approximately $695,000.

A number of other large investors also recently modified their holdings of the company. Fiduciary Alliance LLC raised its position in iShares 1-5 Year Investment Grade Corporate Bond ETF by 2.4% in the 1st quarter. Fiduciary Alliance LLC now owns 13,150 shares of the company’s stock worth $692,000 after purchasing an additional 310 shares during the period. Pinnacle Wealth Management Advisory Group LLC increased its position in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF by 14.9% during the second quarter. Pinnacle Wealth Management Advisory Group LLC now owns 4,825 shares of the company’s stock valued at $253,000 after buying an additional 625 shares during the period. First Horizon Corp raised its position in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF by 19.6% in the 1st quarter. First Horizon Corp now owns 3,963 shares of the company’s stock worth $208,000 after acquiring an additional 649 shares in the last quarter. Cornerstone Planning Group LLC raised its holdings in iShares 1-5 Year Investment Grade Corporate Bond ETF by 243.5% in the first quarter. Cornerstone Planning Group LLC now owns 1,271 shares of the company’s stock worth $67,000 after purchasing an additional 901 shares in the last quarter. Finally, Aventus Investment Advisors Inc. lifted its position in iShares 1-5 Year Investment Grade Corporate Bond ETF by 1.0% during the 3rd quarter. Aventus Investment Advisors Inc. now owns 100,911 shares of the company’s stock valued at $5,170,000 after acquiring an additional 1,016 shares during the period. 76.06% of the stock is owned by hedge funds and other institutional investors.

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

Shares of IGSB opened at $51.40 on Friday. The business’s 50 day moving average price is $51.66 and its 200-day moving average price is $52.10. iShares 1-5 Year Investment Grade Corporate Bond ETF has a 52 week low of $50.97 and a 52 week high of $53.25.

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

The company also recently disclosed a monthly dividend, which was paid on Tuesday, October 6th. Investors of record on Thursday, October 1st were given a dividend of $0.2037 per share. This is a positive change from iShares 1-5 Year Investment Grade Corporate Bond ETF’s previous monthly dividend of $0.2020. The ex-dividend date of this dividend was Thursday, October 1st. This represents a $2.44 annualized dividend and a yield of 4.8%.

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.