CoreCap Advisors LLC Reduces Stock Holdings in iShares 1-5 Year Investment Grade Corporate Bond ETF $IGSB

CoreCap Advisors LLC lowered its holdings in iShares 1-5 Year Investment Grade Corporate Bond ETF (NASDAQ:IGSB) by 41.1% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 55,485 shares of the company’s stock after selling 38,641 shares during the quarter. CoreCap Advisors LLC’s holdings in iShares 1-5 Year Investment Grade Corporate Bond ETF were worth $2,934,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in the business. AdvisorNet Financial Inc lifted its position in iShares 1-5 Year Investment Grade Corporate Bond ETF by 1.5% during the third quarter. AdvisorNet Financial Inc now owns 17,288 shares of the company’s stock valued at $917,000 after purchasing an additional 260 shares during the period. Aventus Investment Advisors Inc. grew its position in iShares 1-5 Year Investment Grade Corporate Bond ETF by 0.4% during the 3rd quarter. Aventus Investment Advisors Inc. now owns 70,845 shares of the company’s stock worth $3,757,000 after purchasing an additional 312 shares during the period. United Community Bank raised its stake in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF by 1.3% during the 3rd quarter. United Community Bank now owns 32,535 shares of the company’s stock valued at $1,725,000 after buying an additional 420 shares during the last quarter. Fort Washington Investment Advisors Inc. OH raised its stake in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF by 3.5% during the 4th quarter. Fort Washington Investment Advisors Inc. OH now owns 14,036 shares of the company’s stock valued at $742,000 after buying an additional 472 shares during the last quarter. Finally, Harbor Investment Advisory LLC lifted its holdings in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF by 142.9% in the 4th quarter. Harbor Investment Advisory LLC now owns 850 shares of the company’s stock valued at $45,000 after buying an additional 500 shares during the period. 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

Shares of IGSB opened at $52.31 on Friday. iShares 1-5 Year Investment Grade Corporate Bond ETF has a 52 week low of $51.49 and a 52 week high of $53.25. The stock’s 50-day moving average price is $52.87 and its 200-day moving average price is $52.93.

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

The business also recently declared a monthly dividend, which was paid on Thursday, March 5th. Shareholders of record on Monday, March 2nd were issued a $0.1972 dividend. The ex-dividend date of this dividend was Monday, March 2nd. This represents a c) dividend on an annualized basis and a yield of 4.5%.

iShares 1-5 Year Investment Grade Corporate Bond ETF 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.