Payden & Rygel Makes New $5.26 Million Investment in iShares 1-5 Year Investment Grade Corporate Bond ETF $IGSB

Payden & Rygel acquired a new stake in iShares 1-5 Year Investment Grade Corporate Bond ETF (NASDAQ:IGSB) in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 99,406 shares of the company’s stock, valued at approximately $5,257,000.

Other institutional investors have also modified their holdings of the company. Aventura Private Wealth LLC purchased a new stake in iShares 1-5 Year Investment Grade Corporate Bond ETF in the 4th quarter valued at $34,000. Root Financial Partners LLC purchased a new stake in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF in the third quarter valued at about $39,000. Kohmann Bosshard Financial Services LLC acquired a new stake in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF during the fourth quarter worth about $39,000. Harbor Investment Advisory LLC grew its holdings in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF by 142.9% during the fourth quarter. Harbor Investment Advisory LLC now owns 850 shares of the company’s stock worth $45,000 after buying an additional 500 shares during the last quarter. Finally, Kelleher Financial Advisors acquired a new position in iShares 1-5 Year Investment Grade Corporate Bond ETF in the 3rd quarter valued at about $51,000. 76.06% of the stock is owned by institutional investors and hedge funds.

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

iShares 1-5 Year Investment Grade Corporate Bond ETF stock opened at $52.25 on Tuesday. iShares 1-5 Year Investment Grade Corporate Bond ETF has a twelve month low of $52.12 and a twelve month high of $53.25. The stock has a 50 day moving average of $52.52 and a two-hundred day moving average of $52.80.

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

The business also recently declared a monthly dividend, which was paid on Wednesday, May 6th. Stockholders of record on Friday, May 1st were paid a dividend of $0.1978 per share. This represents a c) annualized dividend and a dividend yield of 4.5%. The ex-dividend date was Friday, May 1st.

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.