Buffington Mohr McNeal Decreases Holdings in iShares 1-5 Year Investment Grade Corporate Bond ETF (NASDAQ:IGSB)

Buffington Mohr McNeal decreased its holdings in iShares 1-5 Year Investment Grade Corporate Bond ETF (NASDAQ:IGSB) by 5.2% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 64,827 shares of the company’s stock after selling 3,584 shares during the period. Buffington Mohr McNeal’s holdings in iShares 1-5 Year Investment Grade Corporate Bond ETF were worth $3,352,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in IGSB. Captrust Financial Advisors grew its holdings in iShares 1-5 Year Investment Grade Corporate Bond ETF by 26.5% during the 3rd quarter. Captrust Financial Advisors now owns 2,747,270 shares of the company’s stock valued at $144,672,000 after purchasing an additional 574,897 shares during the last quarter. Graypoint LLC lifted its stake 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 acquiring an additional 198,552 shares during the last quarter. TD Private Client Wealth LLC grew its position in iShares 1-5 Year Investment Grade Corporate Bond ETF by 24.9% in the 3rd quarter. TD Private Client Wealth LLC now owns 401,020 shares of the company’s stock valued at $21,118,000 after acquiring an additional 79,919 shares during the last quarter. Strategic Advocates LLC increased its stake in 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 worth $8,632,000 after purchasing an additional 62,428 shares during the period. Finally, Money Design Co. Ltd. lifted its position in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF by 5.0% during the third quarter. Money Design Co. Ltd. now owns 1,164,005 shares of the company’s stock worth $61,297,000 after purchasing an additional 55,016 shares during the last quarter. 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

NASDAQ IGSB opened at $52.00 on Tuesday. iShares 1-5 Year Investment Grade Corporate Bond ETF has a 12 month low of $50.58 and a 12 month high of $52.74. The company’s 50-day moving average price is $51.81 and its 200-day moving average price is $52.01.

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

The company also recently declared a monthly dividend, which was paid on Monday, December 23rd. Investors of record on Wednesday, December 18th were issued a $0.181 dividend. The ex-dividend date of this dividend was Wednesday, December 18th. This represents a $2.17 dividend on an annualized basis and a dividend yield of 4.18%.

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.