A. D. Beadell Investment Counsel Inc. Raises Stake in iShares 1-5 Year Investment Grade Corporate Bond ETF (NASDAQ:IGSB)

A. D. Beadell Investment Counsel Inc. lifted its stake in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF (NASDAQ:IGSB) by 0.8% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 29,900 shares of the company’s stock after purchasing an additional 250 shares during the quarter. iShares 1-5 Year Investment Grade Corporate Bond ETF comprises about 1.3% of A. D. Beadell Investment Counsel Inc.’s investment portfolio, making the stock its 29th largest position. A. D. Beadell Investment Counsel Inc.’s holdings in iShares 1-5 Year Investment Grade Corporate Bond ETF were worth $1,545,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also made changes to their positions in the stock. Rise Advisors LLC purchased a new stake in iShares 1-5 Year Investment Grade Corporate Bond ETF during the third quarter worth $29,000. Kennebec Savings Bank acquired a new position in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF during the 3rd quarter worth $43,000. Fortitude Family Office LLC purchased a new stake in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF in the 4th quarter worth about $43,000. Future Financial Wealth Managment LLC acquired a new stake in iShares 1-5 Year Investment Grade Corporate Bond ETF in the 3rd quarter valued at about $104,000. Finally, First PREMIER Bank increased its holdings in iShares 1-5 Year Investment Grade Corporate Bond ETF by 283.3% during the 3rd quarter. First PREMIER Bank now owns 2,131 shares of the company’s stock valued at $112,000 after acquiring an additional 1,575 shares in the last quarter. Hedge funds and other institutional investors own 76.06% of the company’s stock.

iShares 1-5 Year Investment Grade Corporate Bond ETF Stock Down 0.2 %

Shares of NASDAQ IGSB traded down $0.10 on Friday, hitting $51.59. The company’s stock had a trading volume of 650,593 shares, compared to its average volume of 3,075,143. The stock has a 50 day moving average of $51.83 and a 200-day moving average of $51.96. iShares 1-5 Year Investment Grade Corporate Bond ETF has a 12-month low of $50.58 and a 12-month high of $52.74.

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

The business also recently announced a monthly dividend, which was paid on Monday, December 23rd. Investors of record on Wednesday, December 18th were paid a $0.181 dividend. This represents a $2.17 dividend on an annualized basis and a yield of 4.21%. The ex-dividend date was Wednesday, December 18th.

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.