iShares 1-5 Year Investment Grade Corporate Bond ETF (NASDAQ:IGSB) Holdings Lifted by Lazari Capital Management Inc.

Lazari Capital Management Inc. lifted its stake in iShares 1-5 Year Investment Grade Corporate Bond ETF (NASDAQ:IGSB) by 65.3% in the fourth quarter, HoldingsChannel reports. The firm owned 14,652 shares of the company’s stock after purchasing an additional 5,787 shares during the period. Lazari Capital Management Inc.’s holdings in iShares 1-5 Year Investment Grade Corporate Bond ETF were worth $758,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. PSI Advisors LLC boosted its position in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF by 74.9% in the 4th quarter. PSI Advisors LLC now owns 481 shares of the company’s stock valued at $25,000 after purchasing an additional 206 shares during the period. A. D. Beadell Investment Counsel Inc. boosted its position in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF by 0.8% in the 4th quarter. A. D. Beadell Investment Counsel Inc. now owns 29,900 shares of the company’s stock valued at $1,545,000 after purchasing an additional 250 shares during the period. West Michigan Advisors LLC boosted its position in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF by 4.4% in the 3rd quarter. West Michigan Advisors LLC now owns 6,371 shares of the company’s stock valued at $335,000 after purchasing an additional 266 shares during the period. Integrated Wealth Concepts LLC boosted its position in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF by 0.3% in the 3rd quarter. Integrated Wealth Concepts LLC now owns 87,069 shares of the company’s stock valued at $4,585,000 after purchasing an additional 297 shares during the period. Finally, Rise Advisors LLC acquired a new position in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF in the 3rd quarter valued at $29,000. Institutional investors and hedge funds own 76.06% of the company’s stock.

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

Shares of NASDAQ IGSB opened at $52.02 on Monday. iShares 1-5 Year Investment Grade Corporate Bond ETF has a one year low of $50.58 and a one year high of $52.74. The business has a 50-day moving average price of $51.83 and a two-hundred day moving average price of $52.03.

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

The company also recently declared a monthly dividend, which was paid on Monday, December 23rd. Stockholders of record on Wednesday, December 18th were paid a dividend of $0.181 per share. This represents a $2.17 dividend on an annualized basis and a dividend yield of 4.17%. The ex-dividend date of this dividend was Wednesday, December 18th.

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.