Union Savings Bank Boosts Stock Holdings in iShares 1-5 Year Investment Grade Corporate Bond ETF (NASDAQ:IGSB)

Union Savings Bank grew its stake in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF (NASDAQ:IGSB) by 94.7% in the 4th quarter, Holdings Channel reports. The institutional investor owned 16,792 shares of the company’s stock after buying an additional 8,167 shares during the quarter. Union Savings Bank’s holdings in iShares 1-5 Year Investment Grade Corporate Bond ETF were worth $868,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. Eagle Asset Management Inc. increased its position in iShares 1-5 Year Investment Grade Corporate Bond ETF by 5.4% during the 3rd quarter. Eagle Asset Management Inc. now owns 14,149 shares of the company’s stock worth $735,000 after purchasing an additional 721 shares in the last quarter. Bartlett & CO. Wealth Management LLC grew its stake in iShares 1-5 Year Investment Grade Corporate Bond ETF by 6.5% during the third quarter. Bartlett & CO. Wealth Management LLC now owns 586,165 shares of the company’s stock worth $30,867,000 after buying an additional 35,557 shares during the period. Lazari Capital Management Inc. acquired a new stake in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF in the second quarter worth $409,000. Greenwood Gearhart Inc. raised its stake in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF by 2.7% in the 3rd quarter. Greenwood Gearhart Inc. now owns 650,428 shares of the company’s stock valued at $34,252,000 after acquiring an additional 16,987 shares during the period. Finally, Alley Investment Management Company LLC lifted its holdings in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF by 3.2% during the 2nd quarter. Alley Investment Management Company LLC now owns 361,652 shares of the company’s stock valued at $18,531,000 after acquiring an additional 11,358 shares in the last quarter. 76.06% of the stock is currently owned by institutional investors and hedge funds.

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

Shares of iShares 1-5 Year Investment Grade Corporate Bond ETF stock opened at $51.79 on Monday. 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 has a fifty day moving average price of $51.81 and a 200 day moving average price of $51.99.

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

The business also recently announced a monthly dividend, which was paid on Monday, December 23rd. Stockholders of record on Wednesday, December 18th were given a $0.181 dividend. This represents a $2.17 annualized dividend and a dividend yield of 4.19%. The ex-dividend date of this dividend was Wednesday, December 18th.

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.