Burns J W & Co. Inc. NY Has $8.82 Million Stock Holdings in iShares 1-5 Year Investment Grade Corporate Bond ETF $IGSB

Burns J W & Co. Inc. NY increased its position in iShares 1-5 Year Investment Grade Corporate Bond ETF (NASDAQ:IGSB) by 29.9% during the first quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 167,820 shares of the company’s stock after purchasing an additional 38,652 shares during the quarter. iShares 1-5 Year Investment Grade Corporate Bond ETF makes up 1.0% of Burns J W & Co. Inc. NY’s holdings, making the stock its 26th largest position. Burns J W & Co. Inc. NY’s holdings in iShares 1-5 Year Investment Grade Corporate Bond ETF were worth $8,821,000 at the end of the most recent reporting period.

Other hedge funds have also bought and sold shares of the company. First Community Trust NA increased its position in iShares 1-5 Year Investment Grade Corporate Bond ETF by 4,445.5% during the first quarter. First Community Trust NA now owns 8,000 shares of the company’s stock worth $420,000 after buying an additional 7,824 shares during the last quarter. Aventus Investment Advisors Inc. lifted its position in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF by 3.6% in the first quarter. Aventus Investment Advisors Inc. now owns 74,334 shares of the company’s stock valued at $3,907,000 after buying an additional 2,612 shares during the last quarter. Nations Financial Group Inc. IA ADV lifted its position in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF by 5.8% in the first quarter. Nations Financial Group Inc. IA ADV now owns 87,161 shares of the company’s stock valued at $4,581,000 after buying an additional 4,789 shares during the last quarter. Nalls Sherbakoff Group LLC bought a new position in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF during the 4th quarter worth approximately $6,181,000. Finally, Union Savings Bank bought a new position in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF during the 4th quarter worth approximately $848,000. 76.06% of the stock is currently owned by institutional investors and hedge funds.

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

IGSB stock opened at $52.28 on Wednesday. iShares 1-5 Year Investment Grade Corporate Bond ETF has a 1-year low of $52.12 and a 1-year high of $53.25. The business’s 50 day simple moving average is $52.41 and its 200 day simple moving average is $52.69.

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

The business also recently disclosed a monthly dividend, which was paid on Thursday, June 4th. Shareholders of record on Monday, June 1st were issued a $0.1996 dividend. This is an increase from iShares 1-5 Year Investment Grade Corporate Bond ETF’s previous monthly dividend of $0.20. This represents a c) annualized dividend and a dividend yield of 4.6%. The ex-dividend date was Monday, June 1st.

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.