Burns J W & Co. Inc. NY Lowers Holdings in iShares 1-5 Year Investment Grade Corporate Bond ETF (NASDAQ:IGSB)

Burns J W & Co. Inc. NY trimmed its position in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF (NASDAQ:IGSB) by 4.4% during the 1st quarter, HoldingsChannel.com reports. The firm owned 53,312 shares of the company’s stock after selling 2,450 shares during the period. Burns J W & Co. Inc. NY’s holdings in iShares 1-5 Year Investment Grade Corporate Bond ETF were worth $2,734,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of the company. ICA Group Wealth Management LLC bought a new position in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF in the fourth quarter worth approximately $25,000. Headinvest LLC purchased a new position in iShares 1-5 Year Investment Grade Corporate Bond ETF in the 3rd quarter worth approximately $33,000. Tidemark LLC bought a new position in iShares 1-5 Year Investment Grade Corporate Bond ETF in the 4th quarter valued at approximately $49,000. Life Planning Partners Inc purchased a new stake in iShares 1-5 Year Investment Grade Corporate Bond ETF during the 4th quarter valued at $111,000. Finally, Future Financial Wealth Managment LLC bought a new stake in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF in the 1st quarter worth $142,000. 76.06% of the stock is currently owned by institutional investors.

iShares 1-5 Year Investment Grade Corporate Bond ETF Stock Down 0.0 %

Shares of IGSB stock traded down $0.02 during mid-day trading on Friday, hitting $51.24. The company’s stock had a trading volume of 2,817,108 shares, compared to its average volume of 2,961,078. iShares 1-5 Year Investment Grade Corporate Bond ETF has a 52-week low of $49.36 and a 52-week high of $51.53. The business has a 50-day moving average price of $51.07 and a 200 day moving average price of $51.09.

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

The firm also recently announced a monthly dividend, which was paid on Friday, June 7th. Shareholders of record on Monday, June 3rd were given a $0.1744 dividend. This represents a $2.09 dividend on an annualized basis and a yield of 4.08%. The ex-dividend date was Monday, June 3rd.

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.