Gradient Capital Advisors LLC Has $2.48 Million Stock Holdings in iShares 1-5 Year Investment Grade Corporate Bond ETF (NASDAQ:IGSB)

Gradient Capital Advisors LLC increased its stake in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF (NASDAQ:IGSB) by 9.6% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 48,296 shares of the company’s stock after acquiring an additional 4,230 shares during the period. Gradient Capital Advisors LLC’s holdings in iShares 1-5 Year Investment Grade Corporate Bond ETF were worth $2,477,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in IGSB. Toronto Dominion Bank raised its holdings in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF by 96.1% during the third quarter. Toronto Dominion Bank now owns 814,000 shares of the company’s stock worth $40,562,000 after acquiring an additional 399,000 shares during the period. Ironwood Investment Counsel LLC acquired a new stake in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF during the third quarter worth $222,000. Lazard Asset Management LLC acquired a new stake in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF during the third quarter worth $22,918,000. Crestwood Advisors Group LLC raised its holdings in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF by 1,626.3% during the third quarter. Crestwood Advisors Group LLC now owns 279,070 shares of the company’s stock worth $13,906,000 after acquiring an additional 262,904 shares during the period. Finally, Sunbelt Securities Inc. raised its holdings in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF by 12.4% during the third quarter. Sunbelt Securities Inc. now owns 8,994 shares of the company’s stock worth $448,000 after acquiring an additional 995 shares during the period. 76.06% of the stock is currently owned by institutional investors and hedge funds.

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

iShares 1-5 Year Investment Grade Corporate Bond ETF stock traded down $0.02 during mid-day trading on Friday, reaching $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 12 month low of $49.36 and a 12 month high of $51.53. The business’s 50 day simple moving average is $51.07 and its 200 day simple moving average is $51.10.

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

The firm also recently announced a monthly dividend, which was paid on Friday, June 7th. Investors 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 of this dividend 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.