Equitable Trust Co. Grows Stock Position in iShares 1-5 Year Investment Grade Corporate Bond ETF (NASDAQ:IGSB)

Equitable Trust Co. lifted its stake in iShares 1-5 Year Investment Grade Corporate Bond ETF (NASDAQ:IGSB) by 10.5% in the fourth quarter, HoldingsChannel reports. The firm owned 131,570 shares of the company’s stock after acquiring an additional 12,509 shares during the quarter. Equitable Trust Co.’s holdings in iShares 1-5 Year Investment Grade Corporate Bond ETF were worth $6,802,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of IGSB. Rise Advisors LLC purchased a new position in iShares 1-5 Year Investment Grade Corporate Bond ETF in the third quarter valued at $29,000. ORG Partners LLC purchased a new stake in iShares 1-5 Year Investment Grade Corporate Bond ETF during the 3rd quarter worth about $116,000. Fiduciary Alliance LLC lifted its holdings in iShares 1-5 Year Investment Grade Corporate Bond ETF by 674.4% during the 3rd quarter. Fiduciary Alliance LLC now owns 50,790 shares of the company’s stock worth $2,675,000 after buying an additional 44,231 shares during the last quarter. Strategic Advocates LLC lifted its holdings in iShares 1-5 Year Investment Grade Corporate Bond ETF by 61.5% during the 3rd quarter. Strategic Advocates LLC now owns 163,926 shares of the company’s stock worth $8,632,000 after buying an additional 62,428 shares during the last quarter. Finally, Bartlett & CO. Wealth Management LLC lifted its holdings in iShares 1-5 Year Investment Grade Corporate Bond ETF by 6.5% during the 3rd quarter. Bartlett & CO. Wealth Management LLC now owns 586,165 shares of the company’s stock worth $30,867,000 after buying an additional 35,557 shares during the last quarter. 76.06% of the stock is currently owned by hedge funds and other institutional investors.

iShares 1-5 Year Investment Grade Corporate Bond ETF Stock Down 0.1 %

Shares of NASDAQ IGSB opened at $51.82 on Monday. The business has a 50-day moving average of $51.81 and a two-hundred day moving average of $52.03. iShares 1-5 Year Investment Grade Corporate Bond ETF has a 1 year low of $50.58 and a 1 year high of $52.74.

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

The firm also recently declared a dividend, which was paid on Thursday, February 6th. Shareholders of record on Monday, February 3rd were issued a dividend of $0.1874 per share. This is an increase from iShares 1-5 Year Investment Grade Corporate Bond ETF’s previous dividend of $0.18. The ex-dividend date was Monday, February 3rd.

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.