Oak Family Advisors LLC Acquires New Position in iShares 1-5 Year Investment Grade Corporate Bond ETF $IGSB

Oak Family Advisors LLC acquired a new stake in iShares 1-5 Year Investment Grade Corporate Bond ETF (NASDAQ:IGSB) during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 22,226 shares of the company’s stock, valued at approximately $1,179,000.

Several other institutional investors and hedge funds also recently made changes to their positions in IGSB. Keystone Global Partners LLC boosted its position in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF by 108.8% in the 2nd quarter. Keystone Global Partners LLC now owns 520,705 shares of the company’s stock worth $27,000 after purchasing an additional 271,286 shares during the last quarter. Private Wealth Asset Management LLC acquired a new position in iShares 1-5 Year Investment Grade Corporate Bond ETF in the second quarter valued at about $29,000. Thurston Springer Miller Herd & Titak Inc. acquired a new position in iShares 1-5 Year Investment Grade Corporate Bond ETF in the second quarter valued at about $46,000. Highline Wealth Partners LLC bought a new position in iShares 1-5 Year Investment Grade Corporate Bond ETF during the third quarter worth about $53,000. Finally, Silicon Valley Capital Partners bought a new position in iShares 1-5 Year Investment Grade Corporate Bond ETF during the second quarter worth about $73,000. Institutional investors own 76.06% of the company’s stock.

iShares 1-5 Year Investment Grade Corporate Bond ETF Trading Down 0.0%

Shares of NASDAQ:IGSB opened at $52.91 on Friday. The firm’s 50 day simple moving average is $52.91 and its 200 day simple moving average is $52.86. iShares 1-5 Year Investment Grade Corporate Bond ETF has a fifty-two week low of $51.39 and a fifty-two week high of $53.18.

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

The company also recently declared a monthly dividend, which was paid on Wednesday, December 24th. Stockholders of record on Friday, December 19th were given a dividend of $0.2018 per share. This represents a c) dividend on an annualized basis and a dividend yield of 4.6%. The ex-dividend date of this dividend was Friday, December 19th.

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.