iShares 1-5 Year Investment Grade Corporate Bond ETF (NASDAQ:IGSB) Shares Sold by Hollencrest Capital Management

Hollencrest Capital Management trimmed its holdings in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF (NASDAQ:IGSB) by 2.9% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 59,265 shares of the company’s stock after selling 1,756 shares during the period. Hollencrest Capital Management’s holdings in iShares 1-5 Year Investment Grade Corporate Bond ETF were worth $3,064,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently modified their holdings of IGSB. PSI Advisors LLC lifted its position in 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 last quarter. SBI Securities Co. Ltd. bought a new stake in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF during the 4th quarter worth about $36,000. Kennebec Savings Bank bought a new stake in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF during the 3rd quarter worth about $43,000. Fortitude Family Office LLC bought a new stake in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF during the 4th quarter worth about $43,000. Finally, Thompson Investment Management Inc. raised its position in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF by 88.4% during the 4th quarter. Thompson Investment Management Inc. now owns 831 shares of the company’s stock worth $43,000 after buying an additional 390 shares in the last quarter. 76.06% of the stock is owned by institutional investors and hedge funds.

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

IGSB stock opened at $52.10 on Wednesday. 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. The firm’s 50-day moving average is $51.91 and its two-hundred day moving average is $52.05.

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

The firm also recently disclosed a dividend, which was paid on Thursday, March 6th. Stockholders of record on Monday, March 3rd were paid a $0.1867 dividend. The ex-dividend date was Monday, March 3rd.

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.