GreatBanc Trust CO Purchases New Position in iShares 1-5 Year Investment Grade Corporate Bond ETF $IGSB

GreatBanc Trust CO purchased a new stake in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF (NASDAQ:IGSB) in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm purchased 11,342 shares of the company’s stock, valued at approximately $581,000. iShares 1-5 Year Investment Grade Corporate Bond ETF comprises about 0.3% of GreatBanc Trust CO’s portfolio, making the stock its 29th largest position.

Other hedge funds also recently modified their holdings of the company. Parallel Advisors LLC grew its stake in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF by 71.7% in the third quarter. Parallel Advisors LLC now owns 1,177,870 shares of the company’s stock worth $60,342,000 after purchasing an additional 491,778 shares during the last quarter. Monograph Wealth Advisors LLC raised its position in iShares 1-5 Year Investment Grade Corporate Bond ETF by 12.7% during the 1st quarter. Monograph Wealth Advisors LLC now owns 636,594 shares of the company’s stock worth $33,459,000 after purchasing an additional 71,550 shares during the last quarter. Bank of New York Mellon Corp raised its position in iShares 1-5 Year Investment Grade Corporate Bond ETF by 17.2% during the 1st quarter. Bank of New York Mellon Corp now owns 519,996 shares of the company’s stock worth $27,331,000 after purchasing an additional 76,230 shares during the last quarter. Strategic Investment Advisors MI raised its position in iShares 1-5 Year Investment Grade Corporate Bond ETF by 21.1% during the 1st quarter. Strategic Investment Advisors MI now owns 433,264 shares of the company’s stock worth $22,774,000 after purchasing an additional 75,616 shares during the last quarter. Finally, Affinity Wealth LLC lifted its holdings in iShares 1-5 Year Investment Grade Corporate Bond ETF by 2.8% during the 2nd quarter. Affinity Wealth LLC now owns 252,844 shares of the company’s stock worth $13,252,000 after buying an additional 6,977 shares during the period. Institutional investors and hedge funds own 76.06% of the company’s stock.

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

Shares of IGSB opened at $51.57 on Monday. The stock’s 50-day moving average price is $51.46 and its two-hundred day moving average price is $52.23. 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.

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

The business also recently declared a monthly dividend, which was paid on Thursday, November 5th. Stockholders of record on Monday, November 2nd were paid a $0.2043 dividend. The ex-dividend date of this dividend was Monday, November 2nd. This is a positive change from iShares 1-5 Year Investment Grade Corporate Bond ETF’s previous monthly dividend of $0.2037. This represents a $2.45 annualized dividend and a dividend yield of 4.8%.

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.