iShares 1-5 Year Investment Grade Corporate Bond ETF (NASDAQ:IGSB) Shares Purchased by RiverFront Investment Group LLC

RiverFront Investment Group LLC raised its position in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF (NASDAQ:IGSB) by 1,035.6% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 379,573 shares of the company’s stock after purchasing an additional 346,147 shares during the period. RiverFront Investment Group LLC’s holdings in iShares 1-5 Year Investment Grade Corporate Bond ETF were worth $19,462,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. NYL Investors LLC lifted its stake in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF by 44.1% in the 3rd quarter. NYL Investors LLC now owns 13,050,985 shares of the company’s stock worth $650,331,000 after acquiring an additional 3,995,985 shares during the period. Money Design Co. Ltd. increased its stake in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF by 9.6% during the 3rd quarter. Money Design Co. Ltd. now owns 1,913,024 shares of the company’s stock worth $95,326,000 after purchasing an additional 167,741 shares during the last quarter. Bank of New York Mellon Corp boosted its holdings in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF by 204.7% during the 3rd quarter. Bank of New York Mellon Corp now owns 1,050,294 shares of the company’s stock worth $52,336,000 after buying an additional 705,565 shares during the period. Toronto Dominion Bank lifted its position in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF by 96.1% during the 3rd quarter. Toronto Dominion Bank now owns 814,000 shares of the company’s stock worth $40,562,000 after purchasing an additional 399,000 shares during the last quarter. Finally, Sumitomo Mitsui Trust Holdings Inc. lifted its position in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF by 15.8% during the 4th quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 673,842 shares of the company’s stock worth $34,551,000 after purchasing an additional 92,000 shares during 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 Price Performance

Shares of NASDAQ IGSB traded up $0.04 during trading hours on Friday, hitting $50.79. 1,917,543 shares of the company’s stock were exchanged, compared to its average volume of 2,971,868. iShares 1-5 Year Investment Grade Corporate Bond ETF has a 1-year low of $49.36 and a 1-year high of $51.53. The company’s 50-day moving average price is $51.01 and its 200-day moving average price is $50.77.

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

The company also recently declared a monthly dividend, which was paid on Friday, April 5th. Investors of record on Tuesday, April 2nd were paid a dividend of $0.1653 per share. The ex-dividend date of this dividend was Monday, April 1st. This represents a $1.98 annualized dividend and a yield of 3.90%.

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.