Princeton Global Asset Management LLC Boosts Holdings in iShares 1-5 Year Investment Grade Corporate Bond ETF $IGSB

Princeton Global Asset Management LLC raised its holdings in iShares 1-5 Year Investment Grade Corporate Bond ETF (NASDAQ:IGSB) by 0.6% during the 2nd quarter, Holdings Channel.com reports. The firm owned 50,805 shares of the company’s stock after acquiring an additional 318 shares during the period. Princeton Global Asset Management LLC’s holdings in iShares 1-5 Year Investment Grade Corporate Bond ETF were worth $2,680,000 as of its most recent filing with the SEC.

Several other hedge funds also recently added to or reduced their stakes in IGSB. GAMMA Investing LLC boosted its holdings in iShares 1-5 Year Investment Grade Corporate Bond ETF by 5,137.5% in the first quarter. GAMMA Investing LLC now owns 2,514 shares of the company’s stock valued at $132,000 after purchasing an additional 2,466 shares during the last quarter. Cambridge Investment Research Advisors Inc. boosted its stake in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF by 22.3% during the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 177,557 shares of the company’s stock worth $9,299,000 after acquiring an additional 32,421 shares in the last quarter. Alpine Bank Wealth Management purchased a new stake in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF during the 1st quarter worth about $90,000. Transcend Capital Advisors LLC boosted its stake in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF by 27.0% during the 1st quarter. Transcend Capital Advisors LLC now owns 11,463 shares of the company’s stock worth $600,000 after acquiring an additional 2,435 shares in the last quarter. Finally, Bartlett & CO. Wealth Management LLC boosted its stake in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF by 3.4% during the 1st quarter. Bartlett & CO. Wealth Management LLC now owns 650,747 shares of the company’s stock worth $34,080,000 after acquiring an additional 21,636 shares in the last quarter. 76.06% of the stock is owned by hedge funds and other institutional investors.

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

IGSB stock opened at $53.08 on Monday. The company’s 50-day simple moving average is $52.95 and its 200-day simple moving average is $52.55. iShares 1-5 Year Investment Grade Corporate Bond ETF has a 52-week low of $51.39 and a 52-week high of $53.16.

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

The company also recently announced a monthly dividend, which was paid on Monday, October 6th. Stockholders of record on Wednesday, October 1st were paid a dividend of $0.1987 per share. This represents a c) annualized dividend and a dividend yield of 4.5%. The ex-dividend date of this dividend was Wednesday, October 1st.

iShares 1-5 Year Investment Grade Corporate Bond ETF 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.