Equitable Trust Co. Buys 38,331 Shares of iShares 1-5 Year Investment Grade Corporate Bond ETF $IGSB

Equitable Trust Co. boosted its position in iShares 1-5 Year Investment Grade Corporate Bond ETF (NASDAQ:IGSB) by 25.6% during the 3rd quarter, Holdings Channel.com reports. The firm owned 188,328 shares of the company’s stock after purchasing an additional 38,331 shares during the period. Equitable Trust Co.’s holdings in iShares 1-5 Year Investment Grade Corporate Bond ETF were worth $9,987,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also bought and sold shares of IGSB. Allstate Corp increased its position in iShares 1-5 Year Investment Grade Corporate Bond ETF by 41.0% in the third quarter. Allstate Corp now owns 6,864,741 shares of the company’s stock worth $364,037,000 after buying an additional 1,997,065 shares during the last quarter. Captrust Financial Advisors lifted its position in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF by 5.8% during the 2nd quarter. Captrust Financial Advisors now owns 4,205,973 shares of the company’s stock valued at $221,907,000 after buying an additional 230,312 shares during the last quarter. JPMorgan Chase & Co. grew its stake in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF by 20.4% during the 3rd quarter. JPMorgan Chase & Co. now owns 3,466,237 shares of the company’s stock worth $183,815,000 after acquiring an additional 586,487 shares during the period. Klaas Financial Asset Advisors LLC increased its holdings in iShares 1-5 Year Investment Grade Corporate Bond ETF by 2.3% in the 3rd quarter. Klaas Financial Asset Advisors LLC now owns 984,714 shares of the company’s stock worth $52,219,000 after acquiring an additional 22,176 shares during the last quarter. Finally, TD Private Client Wealth LLC raised its stake in iShares 1-5 Year Investment Grade Corporate Bond ETF by 18.8% in the 3rd quarter. TD Private Client Wealth LLC now owns 717,937 shares of the company’s stock valued at $38,072,000 after acquiring an additional 113,416 shares during the period. 76.06% of the stock is owned by institutional investors.

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

NASDAQ IGSB opened at $53.13 on Monday. iShares 1-5 Year Investment Grade Corporate Bond ETF has a 52 week low of $51.49 and a 52 week high of $53.18. The firm’s 50-day simple moving average is $52.96 and its two-hundred day simple moving average is $52.95.

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

The firm also recently declared a monthly dividend, which was paid on Thursday, February 5th. Investors of record on Monday, February 2nd were paid a dividend of $0.198 per share. This represents a c) dividend on an annualized basis and a dividend yield of 4.5%. The ex-dividend date was Monday, February 2nd.

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.