Main Management LLC Increases Stock Holdings in iShares 1-5 Year Investment Grade Corporate Bond ETF $IGSB

Main Management LLC raised its stake in iShares 1-5 Year Investment Grade Corporate Bond ETF (NASDAQ:IGSB) by 6.7% during the 4th quarter, HoldingsChannel.com reports. The firm owned 160,853 shares of the company’s stock after acquiring an additional 10,086 shares during the period. iShares 1-5 Year Investment Grade Corporate Bond ETF makes up 0.6% of Main Management LLC’s investment portfolio, making the stock its 26th largest position. Main Management LLC’s holdings in iShares 1-5 Year Investment Grade Corporate Bond ETF were worth $8,506,000 at the end of the most recent reporting period.

Several other hedge funds also recently added to or reduced their stakes in the stock. Thompson Investment Management Inc. increased its stake in iShares 1-5 Year Investment Grade Corporate Bond ETF by 33.7% in the fourth quarter. Thompson Investment Management Inc. now owns 1,111 shares of the company’s stock valued at $59,000 after purchasing an additional 280 shares during the last quarter. United Community Bank increased its stake in iShares 1-5 Year Investment Grade Corporate Bond ETF by 1.3% in the third quarter. United Community Bank now owns 32,535 shares of the company’s stock valued at $1,725,000 after purchasing an additional 420 shares during the last quarter. Fort Washington Investment Advisors Inc. OH increased its stake in iShares 1-5 Year Investment Grade Corporate Bond ETF by 3.5% in the fourth quarter. Fort Washington Investment Advisors Inc. OH now owns 14,036 shares of the company’s stock valued at $742,000 after purchasing an additional 472 shares during the last quarter. Harbor Investment Advisory LLC increased its stake in iShares 1-5 Year Investment Grade Corporate Bond ETF by 142.9% in the fourth quarter. Harbor Investment Advisory LLC now owns 850 shares of the company’s stock valued at $45,000 after purchasing an additional 500 shares during the last quarter. Finally, Rathbones Group PLC increased its stake in iShares 1-5 Year Investment Grade Corporate Bond ETF by 1.0% in the third quarter. Rathbones Group PLC now owns 60,478 shares of the company’s stock valued at $3,207,000 after purchasing an additional 586 shares during the last quarter. 76.06% of the stock is currently owned by hedge funds and other institutional investors.

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

Shares of iShares 1-5 Year Investment Grade Corporate Bond ETF stock opened at $52.54 on Monday. iShares 1-5 Year Investment Grade Corporate Bond ETF has a 52 week low of $52.12 and a 52 week high of $53.25. The firm’s 50 day moving average is $52.47 and its two-hundred day moving average is $52.77.

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

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

iShares 1-5 Year Investment Grade Corporate Bond ETF Company 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.