iShares 1-5 Year Investment Grade Corporate Bond ETF (NASDAQ:IGSB) is Parkside Investments LLC’s 3rd Largest Position

Parkside Investments LLC raised its position in iShares 1-5 Year Investment Grade Corporate Bond ETF (NASDAQ:IGSB) by 7.3% during the 4th quarter, according to its most recent filing with the SEC. The firm owned 797,148 shares of the company’s stock after buying an additional 54,503 shares during the quarter. iShares 1-5 Year Investment Grade Corporate Bond ETF comprises about 6.2% of Parkside Investments LLC’s holdings, making the stock its 3rd largest position. Parkside Investments LLC owned approximately 0.20% of iShares 1-5 Year Investment Grade Corporate Bond ETF worth $41,213,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of the company. Captrust Financial Advisors boosted its stake in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF by 26.5% in the third quarter. Captrust Financial Advisors now owns 2,747,270 shares of the company’s stock valued at $144,672,000 after buying an additional 574,897 shares in the last quarter. Graypoint LLC boosted its position in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF by 130.4% during the 4th quarter. Graypoint LLC now owns 350,799 shares of the company’s stock worth $18,136,000 after purchasing an additional 198,552 shares in the last quarter. TD Private Client Wealth LLC grew its stake in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF by 24.9% during the 3rd quarter. TD Private Client Wealth LLC now owns 401,020 shares of the company’s stock worth $21,118,000 after purchasing an additional 79,919 shares during the period. Marshall Wace LLP increased its holdings in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF by 57.1% in the 2nd quarter. Marshall Wace LLP now owns 219,900 shares of the company’s stock valued at $11,268,000 after purchasing an additional 79,900 shares in the last quarter. Finally, Strategic Advocates LLC lifted its stake in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF by 61.5% in the third quarter. Strategic Advocates LLC now owns 163,926 shares of the company’s stock valued at $8,632,000 after purchasing an additional 62,428 shares during the period. Hedge funds and other institutional investors own 76.06% of the company’s stock.

iShares 1-5 Year Investment Grade Corporate Bond ETF Stock Performance

Shares of IGSB opened at $51.88 on Monday. iShares 1-5 Year Investment Grade Corporate Bond ETF has a twelve month low of $50.58 and a twelve month high of $52.74. The firm’s 50-day moving average is $51.81 and its two-hundred day moving average is $52.01.

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

The company also recently disclosed a monthly dividend, which was paid on Monday, December 23rd. Investors of record on Wednesday, December 18th were paid a $0.181 dividend. This represents a $2.17 annualized dividend and a yield of 4.19%. The ex-dividend date of this dividend was Wednesday, December 18th.

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.