Union Savings Bank Purchases Shares of 16,032 iShares 1-5 Year Investment Grade Corporate Bond ETF $IGSB

Union Savings Bank purchased a new stake in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF (NASDAQ:IGSB) in the fourth quarter, according to the company in its most recent filing with the SEC. The firm purchased 16,032 shares of the company’s stock, valued at approximately $848,000.

Several other institutional investors also recently modified their holdings of IGSB. RiverFront Investment Group LLC grew its stake in iShares 1-5 Year Investment Grade Corporate Bond ETF by 212.1% in the 4th quarter. RiverFront Investment Group LLC now owns 1,368,310 shares of the company’s stock worth $72,356,000 after buying an additional 929,944 shares in the last quarter. JPMorgan Chase & Co. lifted its holdings in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF by 20.4% during the 3rd quarter. JPMorgan Chase & Co. now owns 3,466,237 shares of the company’s stock worth $183,815,000 after acquiring an additional 586,487 shares during the last quarter. Captrust Financial Advisors grew its position in iShares 1-5 Year Investment Grade Corporate Bond ETF by 8.5% in the third quarter. Captrust Financial Advisors now owns 4,562,020 shares of the company’s stock worth $241,924,000 after acquiring an additional 356,047 shares in the last quarter. Sumitomo Mitsui Trust Group Inc. grew its position in iShares 1-5 Year Investment Grade Corporate Bond ETF by 41.4% in the fourth quarter. Sumitomo Mitsui Trust Group Inc. now owns 1,094,500 shares of the company’s stock worth $57,877,000 after acquiring an additional 320,500 shares in the last quarter. Finally, Ameriprise Financial Inc. increased its stake in iShares 1-5 Year Investment Grade Corporate Bond ETF by 2.0% in the third quarter. Ameriprise Financial Inc. now owns 13,162,203 shares of the company’s stock valued at $702,693,000 after acquiring an additional 264,198 shares during the last quarter. 76.06% of the stock is currently owned by institutional investors.

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

NASDAQ IGSB opened at $52.30 on Friday. The stock’s 50-day simple moving average is $52.42 and its two-hundred day simple moving average is $52.70. iShares 1-5 Year Investment Grade Corporate Bond ETF has a twelve month low of $52.12 and a twelve month high of $53.25.

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

The company also recently disclosed a monthly dividend, which was paid on Thursday, June 4th. Stockholders of record on Monday, June 1st were given a dividend of $0.1996 per share. This is a boost from iShares 1-5 Year Investment Grade Corporate Bond ETF’s previous monthly dividend of $0.20. The ex-dividend date was Monday, June 1st. This represents a c) annualized dividend and a dividend yield of 4.6%.

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.