iShares 1-5 Year Investment Grade Corporate Bond ETF (NASDAQ:IGSB) Reaches New 52-Week High at $51.53

Shares of iShares 1-5 Year Investment Grade Corporate Bond ETF (NASDAQ:IGSB) reached a new 52-week high during trading on Thursday . The stock traded as high as $51.53 and last traded at $51.50, with a volume of 257544 shares changing hands. The stock had previously closed at $51.38.

iShares 1-5 Year Investment Grade Corporate Bond ETF Stock Up 0.2 %

The firm’s 50-day moving average price is $51.17 and its 200 day moving average price is $51.11.

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

The company also recently disclosed a monthly dividend, which was paid on Friday, July 5th. Shareholders of record on Monday, July 1st were given a dividend of $0.1788 per share. The ex-dividend date of this dividend was Monday, July 1st. This represents a $2.15 annualized dividend and a yield of 4.16%.

Institutional Investors Weigh In On iShares 1-5 Year Investment Grade Corporate Bond ETF

Large investors have recently modified their holdings of the business. Tilia Fiduciary Partners Inc. lifted its position in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF by 3.3% during the 2nd quarter. Tilia Fiduciary Partners Inc. now owns 35,209 shares of the company’s stock worth $1,804,000 after buying an additional 1,133 shares during the last quarter. Strategic Advocates LLC lifted its holdings in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF by 28.8% in the second quarter. Strategic Advocates LLC now owns 101,498 shares of the company’s stock worth $5,201,000 after acquiring an additional 22,674 shares during the last quarter. Parkside Investments LLC lifted its holdings in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF by 15.0% in the second quarter. Parkside Investments LLC now owns 695,665 shares of the company’s stock worth $35,646,000 after acquiring an additional 90,930 shares during the last quarter. Marathon Strategic Advisors LLC acquired a new stake in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF in the 2nd quarter valued at approximately $500,000. Finally, First International Bank & Trust grew its holdings in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF by 4.8% during the 2nd quarter. First International Bank & Trust now owns 42,272 shares of the company’s stock valued at $2,166,000 after purchasing an additional 1,936 shares during the last quarter. Institutional investors and hedge funds own 76.06% of the company’s stock.

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.