iShares 1-5 Year Investment Grade Corporate Bond ETF (NASDAQ:IGSB) Shares Purchased by Equitable Trust Co.

Equitable Trust Co. lifted its stake in iShares 1-5 Year Investment Grade Corporate Bond ETF (NASDAQ:IGSB) by 10.5% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 131,570 shares of the company’s stock after purchasing an additional 12,509 shares during the quarter. Equitable Trust Co.’s holdings in iShares 1-5 Year Investment Grade Corporate Bond ETF were worth $6,802,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. PSI Advisors LLC increased its holdings in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF by 74.9% in the fourth 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 last quarter. Rise Advisors LLC acquired a new stake in iShares 1-5 Year Investment Grade Corporate Bond ETF during the third quarter worth $29,000. Kennebec Savings Bank acquired a new stake in iShares 1-5 Year Investment Grade Corporate Bond ETF during the third quarter worth $43,000. Fortitude Family Office LLC acquired a new stake in iShares 1-5 Year Investment Grade Corporate Bond ETF during the fourth quarter worth $43,000. Finally, Thompson Investment Management Inc. increased its stake in iShares 1-5 Year Investment Grade Corporate Bond ETF by 88.4% during the fourth quarter. Thompson Investment Management Inc. now owns 831 shares of the company’s stock worth $43,000 after acquiring an additional 390 shares during the last quarter. Institutional investors and hedge funds own 76.06% of the company’s stock.

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

IGSB stock opened at $51.82 on Monday. The business has a fifty day moving average of $51.81 and a two-hundred day moving average of $52.03. iShares 1-5 Year Investment Grade Corporate Bond ETF has a 52-week low of $50.58 and a 52-week high of $52.74.

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

The firm also recently announced a dividend, which was paid on Thursday, February 6th. Shareholders of record on Monday, February 3rd were paid a dividend of $0.1874 per share. This is a boost from iShares 1-5 Year Investment Grade Corporate Bond ETF’s previous dividend of $0.18. The ex-dividend date of this dividend was Monday, February 3rd.

About iShares 1-5 Year Investment Grade Corporate Bond ETF

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.