iShares 1-5 Year Investment Grade Corporate Bond ETF $IGSB Shares Purchased by Bessemer Group Inc.

Bessemer Group Inc. increased its holdings in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF (NASDAQ:IGSB) by 220.9% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 18,286 shares of the company’s stock after purchasing an additional 12,587 shares during the quarter. Bessemer Group Inc.’s holdings in iShares 1-5 Year Investment Grade Corporate Bond ETF were worth $961,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of IGSB. Thompson Investment Management Inc. increased its position in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF by 33.7% during the fourth quarter. Thompson Investment Management Inc. now owns 1,111 shares of the company’s stock valued at $59,000 after acquiring an additional 280 shares during the last quarter. Fiduciary Alliance LLC lifted its holdings in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF by 2.4% in the 1st quarter. Fiduciary Alliance LLC now owns 13,150 shares of the company’s stock worth $692,000 after acquiring an additional 310 shares during the last quarter. Fort Washington Investment Advisors Inc. OH lifted its holdings in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF by 3.5% in the 4th quarter. Fort Washington Investment Advisors Inc. OH now owns 14,036 shares of the company’s stock worth $742,000 after acquiring an additional 472 shares during the last quarter. Peloton Wealth Strategists boosted its position in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF by 5.2% during the 4th quarter. Peloton Wealth Strategists now owns 11,872 shares of the company’s stock worth $628,000 after purchasing an additional 589 shares during the period. Finally, Kingswood Wealth Advisors LLC increased its holdings in iShares 1-5 Year Investment Grade Corporate Bond ETF by 3.0% in the 4th quarter. Kingswood Wealth Advisors LLC now owns 22,146 shares of the company’s stock valued at $1,171,000 after purchasing an additional 644 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 Price Performance

Shares of NASDAQ IGSB opened at $52.01 on Friday. The business’s 50 day moving average is $52.26 and its two-hundred day moving average is $52.58. iShares 1-5 Year Investment Grade Corporate Bond ETF has a 52-week low of $51.97 and a 52-week high of $53.25.

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

The company also recently disclosed a monthly dividend, which was paid on Tuesday, July 7th. Investors of record on Wednesday, July 1st were issued a $0.2011 dividend. The ex-dividend date was Wednesday, July 1st. This represents a c) annualized dividend and a dividend yield of 4.6%. This is a boost from iShares 1-5 Year Investment Grade Corporate Bond ETF’s previous monthly dividend of $0.20.

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.