iShares 1-5 Year Investment Grade Corporate Bond ETF (NASDAQ:IGSB) Shares Purchased by Tilia Fiduciary Partners Inc.

Tilia Fiduciary Partners Inc. raised its stake in iShares 1-5 Year Investment Grade Corporate Bond ETF (NASDAQ:IGSB) by 7.5% in the first quarter, HoldingsChannel reports. The fund owned 40,588 shares of the company’s stock after purchasing an additional 2,843 shares during the period. iShares 1-5 Year Investment Grade Corporate Bond ETF accounts for approximately 1.4% of Tilia Fiduciary Partners Inc.’s investment portfolio, making the stock its 26th largest holding. Tilia Fiduciary Partners Inc.’s holdings in iShares 1-5 Year Investment Grade Corporate Bond ETF were worth $2,126,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. Bank of New Hampshire acquired a new position in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF during the 1st quarter worth approximately $36,000. Sunflower Bank N.A. purchased a new stake in iShares 1-5 Year Investment Grade Corporate Bond ETF in the 1st quarter valued at $201,000. Princeton Global Asset Management LLC grew its holdings in iShares 1-5 Year Investment Grade Corporate Bond ETF by 6.1% in the 1st quarter. Princeton Global Asset Management LLC now owns 50,487 shares of the company’s stock valued at $2,644,000 after buying an additional 2,888 shares in the last quarter. ST Germain D J Co. Inc. purchased a new stake in iShares 1-5 Year Investment Grade Corporate Bond ETF in the 1st quarter valued at $284,000. Finally, NBC Securities Inc. grew its holdings in iShares 1-5 Year Investment Grade Corporate Bond ETF by 98,911.1% in the 1st quarter. NBC Securities Inc. now owns 8,911 shares of the company’s stock valued at $466,000 after buying an additional 8,902 shares in the last quarter. 76.06% of the stock is owned by institutional investors and hedge funds.

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

NASDAQ IGSB opened at $52.13 on Friday. iShares 1-5 Year Investment Grade Corporate Bond ETF has a twelve month low of $51.00 and a twelve month high of $52.74. The stock has a fifty day simple moving average of $52.17 and a 200-day simple moving average of $52.02.

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

The firm also recently declared a monthly dividend, which was paid on Thursday, June 5th. Stockholders of record on Monday, June 2nd were issued a dividend of $0.1942 per share. This represents a $2.33 dividend on an annualized basis and a dividend yield of 4.47%. The ex-dividend date was Monday, June 2nd.

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.