Klaas Financial Asset Advisors LLC Buys 73,568 Shares of iShares 1-5 Year Investment Grade Corporate Bond ETF $IGSB

Klaas Financial Asset Advisors LLC grew its stake in iShares 1-5 Year Investment Grade Corporate Bond ETF (NASDAQ:IGSB) by 7.5% during the 4th quarter, Holdings Channel reports. The firm owned 1,058,282 shares of the company’s stock after purchasing an additional 73,568 shares during the quarter. iShares 1-5 Year Investment Grade Corporate Bond ETF makes up approximately 8.1% of Klaas Financial Asset Advisors LLC’s investment portfolio, making the stock its 4th largest position. Klaas Financial Asset Advisors LLC’s holdings in iShares 1-5 Year Investment Grade Corporate Bond ETF were worth $55,962,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also modified their holdings of the company. JARISLOWSKY FRASER Ltd grew its position in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF by 49.5% in the third quarter. JARISLOWSKY FRASER Ltd now owns 192,744 shares of the company’s stock valued at $10,221,000 after purchasing an additional 63,809 shares during the period. Gradient Capital Advisors LLC grew its position in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF by 14.0% in the third quarter. Gradient Capital Advisors LLC now owns 82,861 shares of the company’s stock valued at $4,394,000 after purchasing an additional 10,197 shares during the period. Cary Street Partners Financial LLC grew its position in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF by 32.2% in the third quarter. Cary Street Partners Financial LLC now owns 222,938 shares of the company’s stock valued at $11,822,000 after purchasing an additional 54,299 shares during the period. Farther Finance Advisors LLC grew its position in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF by 155.0% in the third quarter. Farther Finance Advisors LLC now owns 26,782 shares of the company’s stock valued at $1,420,000 after purchasing an additional 16,279 shares during the period. Finally, Confluence Investment Management LLC acquired a new stake in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF in the third quarter valued at about $6,376,000. Institutional investors and hedge funds own 76.06% of the company’s stock.

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

Shares of NASDAQ IGSB opened at $52.71 on Friday. The company’s 50-day simple moving average is $52.74 and its 200-day simple moving average is $52.87. iShares 1-5 Year Investment Grade Corporate Bond ETF has a 52-week low of $52.03 and a 52-week high of $53.25.

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

The firm also recently declared a monthly dividend, which was paid on Tuesday, April 7th. Stockholders of record on Wednesday, April 1st were paid a $0.2045 dividend. This is an increase from iShares 1-5 Year Investment Grade Corporate Bond ETF’s previous monthly dividend of $0.20. This represents a c) annualized dividend and a dividend yield of 4.7%. The ex-dividend date of this dividend was Wednesday, April 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.