iShares 1-5 Year Investment Grade Corporate Bond ETF (NASDAQ:IGSB) Reaches New 12-Month High at $52.71

Shares of iShares 1-5 Year Investment Grade Corporate Bond ETF (NASDAQ:IGSB) reached a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $52.71 and last traded at $52.65, with a volume of 2925189 shares changing hands. The stock had previously closed at $52.63.

iShares 1-5 Year Investment Grade Corporate Bond ETF Stock Down 0.1 %

The firm’s 50 day moving average is $52.03 and its 200-day moving average is $51.41.

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

The business also recently declared a dividend, which was paid on Friday, September 6th. Stockholders of record on Tuesday, September 3rd were paid a dividend of $0.1782 per share. The ex-dividend date of this dividend was Tuesday, September 3rd.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in IGSB. Vantage Financial Partners LLC grew its holdings in iShares 1-5 Year Investment Grade Corporate Bond ETF by 3.8% during the fourth quarter. Vantage Financial Partners LLC now owns 51,965 shares of the company’s stock valued at $2,664,000 after purchasing an additional 1,889 shares during the last quarter. Clearbridge Investments LLC raised its holdings in iShares 1-5 Year Investment Grade Corporate Bond ETF by 42.2% in the 4th quarter. Clearbridge Investments LLC now owns 7,119 shares of the company’s stock worth $365,000 after acquiring an additional 2,113 shares during the period. EverSource Wealth Advisors LLC lifted its position in iShares 1-5 Year Investment Grade Corporate Bond ETF by 44,360.0% during the 4th quarter. EverSource Wealth Advisors LLC now owns 6,669 shares of the company’s stock worth $342,000 after acquiring an additional 6,654 shares during the last quarter. Tidemark LLC bought a new stake in iShares 1-5 Year Investment Grade Corporate Bond ETF during the fourth quarter valued at about $49,000. Finally, Cambridge Investment Research Advisors Inc. grew its position in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF by 18.6% in the fourth quarter. Cambridge Investment Research Advisors Inc. now owns 217,249 shares of the company’s stock valued at $11,139,000 after purchasing an additional 34,147 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 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.