Hexagon Capital Partners LLC Lowers Holdings in iShares 1-5 Year Investment Grade Corporate Bond ETF (NASDAQ:IGSB)

Hexagon Capital Partners LLC trimmed its stake in iShares 1-5 Year Investment Grade Corporate Bond ETF (NASDAQ:IGSB) by 10.4% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 7,100 shares of the company’s stock after selling 822 shares during the quarter. Hexagon Capital Partners LLC’s holdings in iShares 1-5 Year Investment Grade Corporate Bond ETF were worth $374,000 at the end of the most recent quarter.

A number of other institutional investors have also recently modified their holdings of the stock. Family Firm Inc. purchased a new stake in iShares 1-5 Year Investment Grade Corporate Bond ETF during the 2nd quarter valued at about $49,000. Park Place Capital Corp increased its position in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF by 270.8% during the first quarter. Park Place Capital Corp now owns 1,483 shares of the company’s stock valued at $76,000 after acquiring an additional 1,083 shares in the last quarter. Richardson Financial Services Inc. raised its holdings in iShares 1-5 Year Investment Grade Corporate Bond ETF by 2,687.3% in the 1st quarter. Richardson Financial Services Inc. now owns 1,533 shares of the company’s stock worth $79,000 after acquiring an additional 1,478 shares during the last quarter. Payden & Rygel Investment Group purchased a new position in iShares 1-5 Year Investment Grade Corporate Bond ETF in the 1st quarter worth approximately $90,000. Finally, Future Financial Wealth Managment LLC bought a new position in iShares 1-5 Year Investment Grade Corporate Bond ETF in the 3rd quarter valued at approximately $104,000. 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

iShares 1-5 Year Investment Grade Corporate Bond ETF stock opened at $52.16 on Thursday. iShares 1-5 Year Investment Grade Corporate Bond ETF has a 12 month low of $49.36 and a 12 month high of $52.74. The stock has a fifty day simple moving average of $52.32 and a two-hundred day simple moving average of $51.55.

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

The firm also recently announced a dividend, which was paid on Friday, September 6th. Shareholders of record on Tuesday, September 3rd were given a $0.1782 dividend. The ex-dividend date of this dividend was Tuesday, September 3rd.

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.