Meritage Portfolio Management Has $9.60 Million Stock Holdings in iShares 1-5 Year Investment Grade Corporate Bond ETF (NASDAQ:IGSB)

Meritage Portfolio Management decreased its position in iShares 1-5 Year Investment Grade Corporate Bond ETF (NASDAQ:IGSB) by 1.2% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 185,673 shares of the company’s stock after selling 2,328 shares during the period. Meritage Portfolio Management’s holdings in iShares 1-5 Year Investment Grade Corporate Bond ETF were worth $9,599,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of the company. Future Financial Wealth Managment LLC acquired a new position in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF in the third quarter valued at $104,000. First PREMIER Bank increased its holdings in iShares 1-5 Year Investment Grade Corporate Bond ETF by 283.3% in the 3rd quarter. First PREMIER Bank now owns 2,131 shares of the company’s stock valued at $112,000 after buying an additional 1,575 shares during the period. Tilia Fiduciary Partners Inc. raised its stake in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF by 5.0% in the 3rd quarter. Tilia Fiduciary Partners Inc. now owns 36,973 shares of the company’s stock valued at $1,947,000 after buying an additional 1,764 shares in the last quarter. Money Design Co. Ltd. lifted its holdings in shares of 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 worth $61,297,000 after acquiring an additional 55,016 shares during the period. Finally, Beaumont Financial Advisors LLC boosted its position in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF by 4.1% during the 3rd quarter. Beaumont Financial Advisors LLC now owns 15,208 shares of the company’s stock valued at $801,000 after acquiring an additional 603 shares in the last quarter. Institutional investors own 76.06% of the company’s stock.

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

NASDAQ IGSB opened at $51.86 on Wednesday. iShares 1-5 Year Investment Grade Corporate Bond ETF has a twelve month low of $50.58 and a twelve month high of $52.74. The company’s 50-day simple moving average is $51.82 and its 200 day simple moving average is $52.03.

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

The business also recently announced a dividend, which will be paid on Thursday, February 6th. Stockholders of record on Monday, February 3rd will be issued a $0.1874 dividend. The ex-dividend date is Monday, February 3rd. This is a boost from iShares 1-5 Year Investment Grade Corporate Bond ETF’s previous dividend of $0.18.

iShares 1-5 Year Investment Grade Corporate Bond ETF 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.