iShares 1-5 Year Investment Grade Corporate Bond ETF $IGSB Stock: Kingswood Wealth Advisors LLC Boosts Position

Kingswood Wealth Advisors LLC boosted its holdings in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF (NASDAQ:IGSB) by 91.0% during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 45,380 shares of the company’s stock after purchasing an additional 21,615 shares during the quarter. Kingswood Wealth Advisors LLC’s holdings in iShares 1-5 Year Investment Grade Corporate Bond ETF were worth $2,325,000 at the end of the most recent quarter.

A number of other institutional investors also recently made changes to their positions in IGSB. Parallel Advisors LLC boosted its stake in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF by 129.0% during the 1st quarter. Parallel Advisors LLC now owns 655,468 shares of the company’s stock valued at $34,451,000 after buying an additional 369,284 shares during the last quarter. NBT Bank N.A. bought a new stake in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF in the third quarter worth $12,191,000. Bank of New York Mellon Corp raised its holdings in iShares 1-5 Year Investment Grade Corporate Bond ETF by 17.2% in the first quarter. Bank of New York Mellon Corp now owns 519,996 shares of the company’s stock valued at $27,331,000 after acquiring an additional 76,230 shares in the last quarter. Strategic Investment Advisors MI raised its holdings in iShares 1-5 Year Investment Grade Corporate Bond ETF by 21.1% in the first quarter. Strategic Investment Advisors MI now owns 433,264 shares of the company’s stock valued at $22,774,000 after acquiring an additional 75,616 shares in the last quarter. Finally, Monograph Wealth Advisors LLC raised its holdings in iShares 1-5 Year Investment Grade Corporate Bond ETF by 12.7% in the first quarter. Monograph Wealth Advisors LLC now owns 636,594 shares of the company’s stock valued at $33,459,000 after acquiring an additional 71,550 shares in the last quarter. 76.06% of the stock is owned by institutional investors and hedge funds.

iShares 1-5 Year Investment Grade Corporate Bond ETF Trading Down 0.1%

NASDAQ IGSB opened at $51.44 on Tuesday. iShares 1-5 Year Investment Grade Corporate Bond ETF has a 12 month low of $50.97 and a 12 month high of $53.25. The company’s fifty day moving average price is $51.59 and its two-hundred day moving average price is $52.30.

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

The business also recently announced a monthly dividend, which was paid on Tuesday, October 6th. Stockholders of record on Thursday, October 1st were given a $0.2037 dividend. This represents a $2.44 annualized dividend and a dividend yield of 4.8%. The ex-dividend date of this dividend was Thursday, October 1st. This is an increase from iShares 1-5 Year Investment Grade Corporate Bond ETF’s previous monthly dividend of $0.2020.

iShares 1-5 Year Investment Grade Corporate Bond ETF Company 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.