Fiduciary Alliance LLC Has $2.78 Million Stake in iShares 1-5 Year Investment Grade Corporate Bond ETF (NASDAQ:IGSB)

Fiduciary Alliance LLC boosted its stake in iShares 1-5 Year Investment Grade Corporate Bond ETF (NASDAQ:IGSB) by 5.8% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 53,743 shares of the company’s stock after buying an additional 2,953 shares during the quarter. Fiduciary Alliance LLC’s holdings in iShares 1-5 Year Investment Grade Corporate Bond ETF were worth $2,779,000 at the end of the most recent quarter.

Several other institutional investors have also bought and sold shares of IGSB. Zions Bancorporation N.A. acquired a new stake in iShares 1-5 Year Investment Grade Corporate Bond ETF in the 2nd quarter valued at $154,000. Parallel Advisors LLC raised its position in iShares 1-5 Year Investment Grade Corporate Bond ETF by 0.7% in the 2nd quarter. Parallel Advisors LLC now owns 60,305 shares of the company’s stock valued at $3,090,000 after purchasing an additional 419 shares during the last quarter. Waterloo Capital L.P. raised its position in iShares 1-5 Year Investment Grade Corporate Bond ETF by 40.3% in the 2nd quarter. Waterloo Capital L.P. now owns 10,577 shares of the company’s stock valued at $542,000 after purchasing an additional 3,040 shares during the last quarter. Mittelman Wealth Management raised its position in iShares 1-5 Year Investment Grade Corporate Bond ETF by 3.2% in the 2nd quarter. Mittelman Wealth Management now owns 20,850 shares of the company’s stock valued at $1,068,000 after purchasing an additional 639 shares during the last quarter. Finally, EverSource Wealth Advisors LLC raised its position in iShares 1-5 Year Investment Grade Corporate Bond ETF by 27.2% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 10,679 shares of the company’s stock valued at $554,000 after purchasing an additional 2,285 shares during the last quarter. Institutional investors and hedge funds own 76.06% of the company’s stock.

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

IGSB traded down $0.01 during trading on Monday, hitting $51.53. The company’s stock had a trading volume of 2,174,386 shares, compared to its average volume of 3,385,425. 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. The firm’s 50 day moving average price is $51.83 and its two-hundred day moving average price is $51.98.

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

The firm also recently announced a monthly dividend, which was paid on Monday, December 23rd. Shareholders of record on Wednesday, December 18th were paid a $0.181 dividend. The ex-dividend date was Wednesday, December 18th. This represents a $2.17 dividend on an annualized basis and a yield of 4.21%.

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.