Lazard Asset Management LLC Raises Stake in iShares 1-5 Year Investment Grade Corporate Bond ETF (NASDAQ:IGSB)

Lazard Asset Management LLC grew its position in iShares 1-5 Year Investment Grade Corporate Bond ETF (NASDAQ:IGSB) by 1.5% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 479,410 shares of the company’s stock after acquiring an additional 6,883 shares during the period. Lazard Asset Management LLC’s holdings in iShares 1-5 Year Investment Grade Corporate Bond ETF were worth $24,583,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in IGSB. Life Planning Partners Inc purchased a new stake in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF in the fourth quarter valued at about $111,000. Princeton Global Asset Management LLC lifted its stake in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF by 2.6% in the fourth quarter. Princeton Global Asset Management LLC now owns 40,590 shares of the company’s stock valued at $2,081,000 after purchasing an additional 1,035 shares during the period. Family Capital Trust Co acquired a new stake in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF in the fourth quarter valued at about $908,000. Leavell Investment Management Inc. lifted its stake in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF by 69.1% in the fourth quarter. Leavell Investment Management Inc. now owns 201,942 shares of the company’s stock valued at $10,355,000 after purchasing an additional 82,495 shares during the period. Finally, Arkadios Wealth Advisors lifted its stake in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF by 26.2% in the fourth quarter. Arkadios Wealth Advisors now owns 19,580 shares of the company’s stock valued at $1,004,000 after purchasing an additional 4,064 shares during the period. Hedge funds and other institutional investors own 76.06% of the company’s stock.

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

Shares of NASDAQ IGSB opened at $51.68 on Monday. iShares 1-5 Year Investment Grade Corporate Bond ETF has a 52 week low of $49.36 and a 52 week high of $51.73. The firm has a 50-day moving average price of $51.27 and a 200 day moving average price of $51.14.

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

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

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.