Hollencrest Capital Management Sells 16,870 Shares of iShares 1-5 Year Investment Grade Corporate Bond ETF $IGSB

Hollencrest Capital Management trimmed its holdings in iShares 1-5 Year Investment Grade Corporate Bond ETF (NASDAQ:IGSB) by 30.1% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 39,089 shares of the company’s stock after selling 16,870 shares during the quarter. Hollencrest Capital Management’s holdings in iShares 1-5 Year Investment Grade Corporate Bond ETF were worth $2,073,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also bought and sold shares of IGSB. Private Wealth Asset Management LLC bought a new position in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF during the second quarter valued at approximately $29,000. Root Financial Partners LLC purchased a new stake in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF in the 3rd quarter worth approximately $39,000. Highline Wealth Partners LLC purchased a new stake in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF in the 3rd quarter worth approximately $53,000. Silicon Valley Capital Partners bought a new position in iShares 1-5 Year Investment Grade Corporate Bond ETF during the 2nd quarter valued at approximately $73,000. Finally, Steigerwald Gordon & Koch Inc. bought a new stake in iShares 1-5 Year Investment Grade Corporate Bond ETF in the third quarter worth $110,000. Institutional investors own 76.06% of the company’s stock.

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

NASDAQ IGSB opened at $53.03 on Thursday. iShares 1-5 Year Investment Grade Corporate Bond ETF has a 12 month low of $51.49 and a 12 month high of $53.18. The stock’s fifty day moving average price is $52.93 and its 200-day moving average price is $52.90.

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

The company also recently disclosed a monthly dividend, which was paid on Wednesday, December 24th. Shareholders of record on Friday, December 19th were paid a dividend of $0.2018 per share. This represents a c) dividend on an annualized basis and a yield of 4.6%. The ex-dividend date was Friday, December 19th.

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.