Janney Montgomery Scott LLC Purchases 25,718 Shares of iShares 1-5 Year Investment Grade Corporate Bond ETF (NASDAQ:IGSB)

Janney Montgomery Scott LLC increased its position in iShares 1-5 Year Investment Grade Corporate Bond ETF (NASDAQ:IGSB) by 4.0% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 675,488 shares of the company’s stock after acquiring an additional 25,718 shares during the quarter. Janney Montgomery Scott LLC owned about 0.17% of iShares 1-5 Year Investment Grade Corporate Bond ETF worth $35,375,000 at the end of the most recent quarter.

Several other institutional investors have also recently bought and sold shares of IGSB. SBI Securities Co. Ltd. acquired a new stake in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF in the fourth quarter valued at about $36,000. Bank of New Hampshire bought a new stake in iShares 1-5 Year Investment Grade Corporate Bond ETF during the 1st quarter valued at approximately $36,000. Copia Wealth Management bought a new stake in iShares 1-5 Year Investment Grade Corporate Bond ETF during the 4th quarter valued at approximately $50,000. Providence First Trust Co acquired a new stake in iShares 1-5 Year Investment Grade Corporate Bond ETF in the 4th quarter valued at approximately $67,000. Finally, Peoples Bank KS bought a new position in iShares 1-5 Year Investment Grade Corporate Bond ETF in the 1st quarter worth approximately $77,000. Institutional investors own 76.06% of the company’s stock.

iShares 1-5 Year Investment Grade Corporate Bond ETF Trading Up 0.0%

Shares of IGSB stock opened at $52.32 on Tuesday. iShares 1-5 Year Investment Grade Corporate Bond ETF has a 12 month low of $51.00 and a 12 month high of $52.74. The stock has a 50 day moving average of $52.19 and a 200-day moving average of $52.03.

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

The business also recently announced a monthly dividend, which was paid on Thursday, June 5th. Investors of record on Monday, June 2nd were paid a dividend of $0.1942 per share. This represents a $2.33 annualized dividend and a yield of 4.45%. The ex-dividend date was Monday, June 2nd.

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.