13,559 Shares in iShares 1-5 Year Investment Grade Corporate Bond ETF $IGSB Purchased by American Trust

American Trust acquired a new stake in iShares 1-5 Year Investment Grade Corporate Bond ETF (NASDAQ:IGSB) in the 2nd quarter, Holdings Channel reports. The institutional investor acquired 13,559 shares of the company’s stock, valued at approximately $715,000.

A number of other large investors also recently modified their holdings of IGSB. Disciplina Capital Management LLC increased its holdings in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF by 84.3% in the first quarter. Disciplina Capital Management LLC now owns 232,437 shares of the company’s stock valued at $12,173,000 after purchasing an additional 106,285 shares in the last quarter. Colonial Trust Advisors lifted its holdings in iShares 1-5 Year Investment Grade Corporate Bond ETF by 12.3% during the 1st quarter. Colonial Trust Advisors now owns 3,648 shares of the company’s stock worth $191,000 after buying an additional 400 shares in the last quarter. Flow Traders U.S. LLC bought a new position in iShares 1-5 Year Investment Grade Corporate Bond ETF in the 1st quarter valued at $7,792,000. Summit Financial LLC boosted its position in iShares 1-5 Year Investment Grade Corporate Bond ETF by 11.0% in the 1st quarter. Summit Financial LLC now owns 257,948 shares of the company’s stock valued at $13,509,000 after buying an additional 25,564 shares during the last quarter. Finally, Ameriprise Financial Inc. increased its stake in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF by 3.9% in the 1st quarter. Ameriprise Financial Inc. now owns 13,777,629 shares of the company’s stock valued at $729,411,000 after buying an additional 511,064 shares during the period. 76.06% of the stock is currently owned by institutional investors and hedge funds.

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

Shares of IGSB opened at $52.92 on Tuesday. The stock’s fifty day simple moving average is $52.96 and its 200-day simple moving average is $52.79. iShares 1-5 Year Investment Grade Corporate Bond ETF has a 12-month low of $51.39 and a 12-month high of $53.18.

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

The firm also recently announced a monthly dividend, which was paid on Thursday, December 4th. Stockholders of record on Monday, December 1st were paid a $0.2042 dividend. This is a boost from iShares 1-5 Year Investment Grade Corporate Bond ETF’s previous monthly dividend of $0.20. The ex-dividend date of this dividend was Monday, December 1st. This represents a c) annualized dividend and a dividend yield of 4.6%.

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.