Curbstone Financial Management Corp Sells 400 Shares of iShares 1-5 Year Investment Grade Corporate Bond ETF (NASDAQ:IGSB)

Curbstone Financial Management Corp reduced its stake in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF (NASDAQ:IGSB) by 0.6% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 71,690 shares of the company’s stock after selling 400 shares during the period. Curbstone Financial Management Corp’s holdings in iShares 1-5 Year Investment Grade Corporate Bond ETF were worth $3,706,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in IGSB. Captrust Financial Advisors raised its holdings in iShares 1-5 Year Investment Grade Corporate Bond ETF by 26.5% in the 3rd quarter. Captrust Financial Advisors now owns 2,747,270 shares of the company’s stock worth $144,672,000 after acquiring an additional 574,897 shares during the period. Haverford Trust Co lifted its position in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF by 2.5% during the 3rd quarter. Haverford Trust Co now owns 1,932,071 shares of the company’s stock worth $101,743,000 after purchasing an additional 47,794 shares during the last quarter. Money Design Co. Ltd. boosted its stake in iShares 1-5 Year Investment Grade Corporate Bond ETF by 5.0% during the 3rd quarter. Money Design Co. Ltd. now owns 1,164,005 shares of the company’s stock valued at $61,297,000 after purchasing an additional 55,016 shares during the period. Klaas Financial Asset Advisors LLC grew its holdings in iShares 1-5 Year Investment Grade Corporate Bond ETF by 1.1% in the 4th quarter. Klaas Financial Asset Advisors LLC now owns 946,236 shares of the company’s stock valued at $48,920,000 after buying an additional 10,591 shares during the last quarter. Finally, Parkside Investments LLC increased its position in iShares 1-5 Year Investment Grade Corporate Bond ETF by 7.3% in the 4th quarter. Parkside Investments LLC now owns 797,148 shares of the company’s stock worth $41,213,000 after buying an additional 54,503 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 Trading Up 0.2 %

Shares of IGSB stock opened at $52.00 on Tuesday. The stock has a 50 day moving average of $51.81 and a 200-day moving average of $52.01. iShares 1-5 Year Investment Grade Corporate Bond ETF has a 12 month low of $50.58 and a 12 month high of $52.74.

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

The business also recently declared a monthly dividend, which was paid on Monday, December 23rd. Shareholders of record on Wednesday, December 18th were given a $0.181 dividend. The ex-dividend date of this dividend was Wednesday, December 18th. This represents a $2.17 annualized dividend and a yield of 4.18%.

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.