Nvwm LLC Increases Stake in iShares 1-5 Year Investment Grade Corporate Bond ETF $IGSB

Nvwm LLC raised its holdings in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF (NASDAQ:IGSB) by 31.4% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 47,714 shares of the company’s stock after purchasing an additional 11,413 shares during the quarter. Nvwm LLC’s holdings in iShares 1-5 Year Investment Grade Corporate Bond ETF were worth $2,517,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Keystone Global Partners LLC raised its position in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF by 108.8% in the second quarter. Keystone Global Partners LLC now owns 520,705 shares of the company’s stock valued at $27,000 after purchasing an additional 271,286 shares during the period. Private Wealth Asset Management LLC purchased a new position in iShares 1-5 Year Investment Grade Corporate Bond ETF in the 2nd quarter valued at approximately $29,000. Thurston Springer Miller Herd & Titak Inc. bought a new stake in iShares 1-5 Year Investment Grade Corporate Bond ETF during the 2nd quarter valued at $46,000. Valley Wealth Managers Inc. lifted its position in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF by 64.6% during the first quarter. Valley Wealth Managers Inc. now owns 1,236 shares of the company’s stock worth $65,000 after acquiring an additional 485 shares in the last quarter. Finally, Zions Bancorporation National Association UT purchased a new stake in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF during the first quarter worth $157,000. Institutional investors own 76.06% of the company’s stock.

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

Shares of IGSB opened at $52.86 on Friday. iShares 1-5 Year Investment Grade Corporate Bond ETF has a 52-week low of $51.39 and a 52-week high of $53.18. The stock’s 50-day simple moving average is $53.00 and its 200 day simple moving average is $52.65.

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

The company also recently disclosed a monthly dividend, which was paid on Thursday, November 6th. Investors of record on Monday, November 3rd were paid a dividend of $0.1971 per share. The ex-dividend date of this dividend was Monday, November 3rd. This represents a c) annualized dividend and a yield of 4.5%.

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.