52,031 Shares in iShares 1-5 Year Investment Grade Corporate Bond ETF $IGSB Purchased by Miller Global Investments LLC

Miller Global Investments LLC acquired a new position in iShares 1-5 Year Investment Grade Corporate Bond ETF (NASDAQ:IGSB) during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund acquired 52,031 shares of the company’s stock, valued at approximately $2,727,000. iShares 1-5 Year Investment Grade Corporate Bond ETF accounts for about 2.3% of Miller Global Investments LLC’s portfolio, making the stock its 6th largest position.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in IGSB. Kohmann Bosshard Financial Services LLC bought a new position in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF during the 4th quarter valued at approximately $39,000. Birchwood Financial Partners Inc. purchased a new stake in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF during the 4th quarter worth approximately $45,000. Kelleher Financial Advisors bought a new stake in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF in the 3rd quarter worth approximately $51,000. Ares Financial Consulting LLC bought a new stake in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF in the 4th quarter worth approximately $58,000. Finally, Cullen Frost Bankers Inc. purchased a new position in iShares 1-5 Year Investment Grade Corporate Bond ETF in the fourth quarter valued at approximately $65,000. 76.06% of the stock is currently owned by hedge funds and other institutional investors.

iShares 1-5 Year Investment Grade Corporate Bond ETF Trading Down 0.3%

iShares 1-5 Year Investment Grade Corporate Bond ETF stock opened at $52.00 on Tuesday. The business’s 50 day simple moving average is $52.24 and its 200 day simple moving average is $52.54. iShares 1-5 Year Investment Grade Corporate Bond ETF has a 12 month low of $51.97 and a 12 month high of $53.25.

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

The company also recently announced a monthly dividend, which will be paid on Thursday, August 6th. Shareholders of record on Monday, August 3rd will be paid a $0.1981 dividend. The ex-dividend date is Monday, August 3rd. This represents a c) annualized dividend and a dividend yield of 4.6%.

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.