iShares 1-5 Year Investment Grade Corporate Bond ETF (NASDAQ:IGSB) Reaches New 52-Week High at $51.75

Shares of iShares 1-5 Year Investment Grade Corporate Bond ETF (NASDAQ:IGSB) reached a new 52-week high during trading on Monday . The company traded as high as $51.75 and last traded at $51.71, with a volume of 19772 shares. The stock had previously closed at $51.68.

iShares 1-5 Year Investment Grade Corporate Bond ETF Stock Up 0.1 %

The stock’s 50 day simple moving average is $51.27 and its 200 day simple moving average is $51.14.

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

The business also recently declared a monthly dividend, which was paid on Friday, July 5th. Shareholders of record on Monday, July 1st were paid a $0.1788 dividend. The ex-dividend date of this dividend was Monday, July 1st. This represents a $2.15 dividend on an annualized basis and a yield of 4.15%.

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

Institutional investors have recently made changes to their positions in the business. ICA Group Wealth Management LLC bought a new stake in iShares 1-5 Year Investment Grade Corporate Bond ETF during the 4th quarter valued at $25,000. Tidemark LLC bought a new position in iShares 1-5 Year Investment Grade Corporate Bond ETF in the 4th quarter worth $49,000. Family Firm Inc. bought a new position in iShares 1-5 Year Investment Grade Corporate Bond ETF in the 2nd quarter worth $49,000. Park Place Capital Corp raised its holdings in iShares 1-5 Year Investment Grade Corporate Bond ETF by 270.8% in the 1st quarter. Park Place Capital Corp now owns 1,483 shares of the company’s stock worth $76,000 after purchasing an additional 1,083 shares in the last quarter. Finally, Richardson Financial Services Inc. raised its holdings in iShares 1-5 Year Investment Grade Corporate Bond ETF by 2,687.3% in the 1st quarter. Richardson Financial Services Inc. now owns 1,533 shares of the company’s stock worth $79,000 after purchasing an additional 1,478 shares in the last quarter. Hedge funds and other institutional investors own 76.06% of the company’s stock.

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.