Bear Mountain Capital Inc. Sells 1,681 Shares of iShares 1-5 Year Investment Grade Corporate Bond ETF (NASDAQ:IGSB)

Bear Mountain Capital Inc. lowered its stake in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF (NASDAQ:IGSB) by 6.7% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 23,260 shares of the company’s stock after selling 1,681 shares during the quarter. iShares 1-5 Year Investment Grade Corporate Bond ETF comprises approximately 0.5% of Bear Mountain Capital Inc.’s holdings, making the stock its 25th largest holding. Bear Mountain Capital Inc.’s holdings in iShares 1-5 Year Investment Grade Corporate Bond ETF were worth $1,216,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. West Michigan Advisors LLC grew its holdings in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF by 4.4% during the 3rd quarter. West Michigan Advisors LLC now owns 6,371 shares of the company’s stock worth $335,000 after purchasing an additional 266 shares in the last quarter. YHB Investment Advisors Inc. increased its holdings in iShares 1-5 Year Investment Grade Corporate Bond ETF by 0.8% in the 2nd quarter. YHB Investment Advisors Inc. now owns 42,241 shares of the company’s stock valued at $2,164,000 after buying an additional 349 shares during the period. Pinkerton Retirement Specialists LLC raised its stake in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF by 0.5% in the 2nd quarter. Pinkerton Retirement Specialists LLC now owns 92,241 shares of the company’s stock valued at $4,726,000 after buying an additional 414 shares in the last quarter. Burns J W & Co. Inc. NY lifted its holdings in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF by 0.8% during the 3rd quarter. Burns J W & Co. Inc. NY now owns 52,367 shares of the company’s stock worth $2,758,000 after acquiring an additional 415 shares during the period. Finally, Parallel Advisors LLC boosted its position in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF by 0.7% during the 2nd quarter. Parallel Advisors LLC now owns 60,305 shares of the company’s stock valued at $3,090,000 after acquiring an additional 419 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 Stock Performance

NASDAQ:IGSB traded down $0.07 during mid-day trading on Friday, hitting $51.75. The company’s stock had a trading volume of 2,328,209 shares, compared to its average volume of 2,722,381. iShares 1-5 Year Investment Grade Corporate Bond ETF has a fifty-two week low of $49.78 and a fifty-two week high of $52.74. The stock has a fifty day moving average of $52.35 and a 200-day moving average of $51.69.

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

The business also recently announced a monthly dividend, which will be paid on Wednesday, November 6th. Investors of record on Friday, November 1st will be given a dividend of $0.1836 per share. This represents a $2.20 annualized dividend and a dividend yield of 4.26%. The ex-dividend date is Friday, November 1st. This is an increase from iShares 1-5 Year Investment Grade Corporate Bond ETF’s previous monthly dividend of $0.18.

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.