A. D. Beadell Investment Counsel Inc. boosted its position in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF (NASDAQ:IGSB – Free Report) by 0.8% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 29,900 shares of the company’s stock after buying an additional 250 shares during the period. iShares 1-5 Year Investment Grade Corporate Bond ETF accounts for approximately 1.3% of A. D. Beadell Investment Counsel Inc.’s portfolio, making the stock its 29th biggest holding. A. D. Beadell Investment Counsel Inc.’s holdings in iShares 1-5 Year Investment Grade Corporate Bond ETF were worth $1,545,000 at the end of the most recent quarter.
Other institutional investors also recently added to or reduced their stakes in the company. Pinkerton Retirement Specialists LLC raised its holdings in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF by 0.5% in the second quarter. Pinkerton Retirement Specialists LLC now owns 92,241 shares of the company’s stock valued at $4,726,000 after buying an additional 414 shares during the last quarter. Zions Bancorporation N.A. purchased a new stake in iShares 1-5 Year Investment Grade Corporate Bond ETF during the 2nd quarter valued at approximately $154,000. Parallel Advisors LLC lifted its position in iShares 1-5 Year Investment Grade Corporate Bond ETF by 0.7% during the 2nd quarter. Parallel Advisors LLC now owns 60,305 shares of the company’s stock worth $3,090,000 after acquiring an additional 419 shares during the period. Waterloo Capital L.P. lifted its holdings in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF by 40.3% during the second quarter. Waterloo Capital L.P. now owns 10,577 shares of the company’s stock worth $542,000 after purchasing an additional 3,040 shares during the period. Finally, Mittelman Wealth Management grew its position in iShares 1-5 Year Investment Grade Corporate Bond ETF by 3.2% in the 2nd quarter. Mittelman Wealth Management now owns 20,850 shares of the company’s stock valued at $1,068,000 after buying an additional 639 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 Stock Down 0.2 %
iShares 1-5 Year Investment Grade Corporate Bond ETF stock traded down $0.10 during trading hours on Friday, reaching $51.59. 650,593 shares of the stock were exchanged, compared to its average volume of 3,075,143. iShares 1-5 Year Investment Grade Corporate Bond ETF has a 52-week low of $50.58 and a 52-week high of $52.74. The firm’s 50 day moving average is $51.83 and its 200 day moving average is $51.96.
iShares 1-5 Year Investment Grade Corporate Bond ETF Cuts Dividend
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.
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