Alera Investment Advisors LLC Sells 18,713 Shares of iShares Short-Term Corporate Bond ETF (NYSEARCA:IGSB)

Alera Investment Advisors LLC cut its stake in iShares Short-Term Corporate Bond ETF (NYSEARCA:IGSB) by 88.8% in the first quarter, HoldingsChannel.com reports. The firm owned 2,352 shares of the company’s stock after selling 18,713 shares during the quarter. Alera Investment Advisors LLC’s holdings in iShares Short-Term Corporate Bond ETF were worth $124,000 as of its most recent SEC filing.

A number of other large investors also recently added to or reduced their stakes in the stock. Virtue Capital Management LLC boosted its holdings in iShares Short-Term Corporate Bond ETF by 5.6% in the first quarter. Virtue Capital Management LLC now owns 4,886 shares of the company’s stock valued at $258,000 after purchasing an additional 260 shares during the period. Rockefeller Capital Management L.P. boosted its holdings in iShares Short-Term Corporate Bond ETF by 1.7% in the first quarter. Rockefeller Capital Management L.P. now owns 15,892 shares of the company’s stock valued at $839,000 after purchasing an additional 270 shares during the period. Focused Wealth Management Inc purchased a new position in iShares Short-Term Corporate Bond ETF in the first quarter valued at $26,000. Sandy Spring Bank purchased a new position in iShares Short-Term Corporate Bond ETF in the first quarter valued at $26,000. Finally, Interactive Financial Advisors purchased a new position in iShares Short-Term Corporate Bond ETF in the first quarter valued at $29,000.

NYSEARCA:IGSB opened at $53.03 on Wednesday. iShares Short-Term Corporate Bond ETF has a 12-month low of $51.32 and a 12-month high of $53.17.

The business also recently announced a monthly dividend, which was paid on Friday, June 7th. Investors of record on Tuesday, June 4th were issued a $0.1428 dividend. The ex-dividend date of this dividend was Monday, June 3rd. This is a positive change from iShares Short-Term Corporate Bond ETF’s previous monthly dividend of $0.14. This represents a $1.71 dividend on an annualized basis and a yield of 3.23%.

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Want to see what other hedge funds are holding IGSB? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Short-Term Corporate Bond ETF (NYSEARCA:IGSB).

Institutional Ownership by Quarter for iShares Short-Term Corporate Bond ETF (NYSEARCA:IGSB)

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