iShares 1-5 Year Investment Grade Corporate Bond ETF (NASDAQ:IGSB) Position Boosted by Summit Financial LLC

Summit Financial LLC raised its holdings in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF (NASDAQ:IGSB) by 9.9% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 17,960 shares of the company’s stock after acquiring an additional 1,611 shares during the quarter. Summit Financial LLC’s holdings in iShares 1-5 Year Investment Grade Corporate Bond ETF were worth $921,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of the business. NYL Investors LLC grew its stake in iShares 1-5 Year Investment Grade Corporate Bond ETF by 44.1% during the 3rd quarter. NYL Investors LLC now owns 13,050,985 shares of the company’s stock valued at $650,331,000 after acquiring an additional 3,995,985 shares in the last quarter. Haverford Trust Co grew its stake in iShares 1-5 Year Investment Grade Corporate Bond ETF by 2.8% during the 4th quarter. Haverford Trust Co now owns 1,779,643 shares of the company’s stock valued at $91,251,000 after acquiring an additional 49,312 shares in the last quarter. Toronto Dominion Bank grew its stake in 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 valued at $40,562,000 after acquiring an additional 399,000 shares in the last quarter. Janney Montgomery Scott LLC grew its stake in iShares 1-5 Year Investment Grade Corporate Bond ETF by 8.7% during the 4th quarter. Janney Montgomery Scott LLC now owns 737,395 shares of the company’s stock valued at $37,810,000 after acquiring an additional 59,183 shares in the last quarter. Finally, Sumitomo Mitsui Trust Holdings Inc. grew its stake in 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 valued at $34,551,000 after acquiring an additional 92,000 shares in the last quarter. Hedge funds and other institutional investors own 76.06% of the company’s stock.

iShares 1-5 Year Investment Grade Corporate Bond ETF Trading Down 0.2 %

Shares of NASDAQ IGSB traded down $0.08 during trading hours on Thursday, hitting $51.02. The stock had a trading volume of 1,898,162 shares, compared to its average volume of 3,121,725. The firm’s 50-day moving average price is $50.98 and its two-hundred day moving average price is $50.94. iShares 1-5 Year Investment Grade Corporate Bond ETF has a 52 week low of $49.36 and a 52 week high of $51.53.

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

The company also recently declared a monthly dividend, which was paid on Tuesday, May 7th. Investors of record on Thursday, May 2nd were paid a $0.165 dividend. The ex-dividend date was Wednesday, May 1st. This represents a $1.98 annualized dividend and a dividend yield of 3.88%.

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.