Farther Finance Advisors LLC Raises Position in iShares 1-5 Year Investment Grade Corporate Bond ETF $IGSB

Farther Finance Advisors LLC raised its position in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF (NASDAQ:IGSB) by 155.0% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 26,782 shares of the company’s stock after acquiring an additional 16,279 shares during the quarter. Farther Finance Advisors LLC’s holdings in iShares 1-5 Year Investment Grade Corporate Bond ETF were worth $1,420,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. OLD Mission Capital LLC purchased a new position in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF in the 1st quarter valued at approximately $1,850,000. Baird Financial Group Inc. raised its holdings in iShares 1-5 Year Investment Grade Corporate Bond ETF by 2.2% in the first quarter. Baird Financial Group Inc. now owns 323,130 shares of the company’s stock worth $16,922,000 after purchasing an additional 6,979 shares in the last quarter. Alexis Investment Partners LLC raised its holdings in iShares 1-5 Year Investment Grade Corporate Bond ETF by 93.0% in the first quarter. Alexis Investment Partners LLC now owns 17,850 shares of the company’s stock worth $935,000 after purchasing an additional 8,600 shares in the last quarter. Strive Asset Management LLC lifted its position in iShares 1-5 Year Investment Grade Corporate Bond ETF by 30.0% during the first quarter. Strive Asset Management LLC now owns 7,870 shares of the company’s stock valued at $412,000 after buying an additional 1,817 shares during the period. Finally, eCIO Inc. purchased a new position in iShares 1-5 Year Investment Grade Corporate Bond ETF during the first quarter valued at $252,000. Hedge funds and other institutional investors own 76.06% of the company’s stock.

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

NASDAQ:IGSB opened at $52.90 on Friday. The firm’s 50-day moving average price is $52.94 and its 200-day moving average price is $52.83. iShares 1-5 Year Investment Grade Corporate Bond ETF has a 1-year low of $51.39 and a 1-year high of $53.18.

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

The firm also recently disclosed a monthly dividend, which was paid on Wednesday, December 24th. Shareholders of record on Friday, December 19th were issued a $0.2018 dividend. This represents a c) dividend on an annualized basis and a yield of 4.6%. The ex-dividend date was Friday, December 19th.

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.