Crestwood Advisors Group LLC Reduces Holdings in iShares 1-5 Year Investment Grade Corporate Bond ETF (NASDAQ:IGSB)

Crestwood Advisors Group LLC lowered its position in iShares 1-5 Year Investment Grade Corporate Bond ETF (NASDAQ:IGSB) by 8.8% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 171,955 shares of the company’s stock after selling 16,520 shares during the quarter. Crestwood Advisors Group LLC’s holdings in iShares 1-5 Year Investment Grade Corporate Bond ETF were worth $8,890,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. First Horizon Advisors Inc. lifted its stake in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF by 14.6% in the fourth quarter. First Horizon Advisors Inc. now owns 15,060 shares of the company’s stock worth $779,000 after acquiring an additional 1,923 shares in the last quarter. Cooksen Wealth LLC increased its holdings in iShares 1-5 Year Investment Grade Corporate Bond ETF by 0.6% during the 4th quarter. Cooksen Wealth LLC now owns 31,687 shares of the company’s stock worth $1,638,000 after purchasing an additional 197 shares during the last quarter. Pinnacle Wealth Management Advisory Group LLC raised its position in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF by 8.1% in the 4th quarter. Pinnacle Wealth Management Advisory Group LLC now owns 5,192 shares of the company’s stock valued at $268,000 after purchasing an additional 389 shares in the last quarter. NYL Investors LLC boosted its stake in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF by 9,168.7% during the 4th quarter. NYL Investors LLC now owns 9,709,053 shares of the company’s stock valued at $501,958,000 after buying an additional 9,604,302 shares during the last quarter. Finally, Nations Financial Group Inc. IA ADV grew its position in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF by 4.5% during the fourth quarter. Nations Financial Group Inc. IA ADV now owns 75,591 shares of the company’s stock worth $3,908,000 after buying an additional 3,230 shares in the last quarter. 76.06% of the stock is owned by hedge funds and other institutional investors.

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

Shares of NASDAQ:IGSB opened at $52.08 on Monday. The company has a fifty day simple moving average of $51.79 and a 200 day simple moving average of $52.04. iShares 1-5 Year Investment Grade Corporate Bond ETF has a 12-month low of $50.58 and a 12-month high of $52.74.

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

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

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.