iShares 1-5 Year Investment Grade Corporate Bond ETF $IGSB is Parkside Investments LLC’s Largest Position

Parkside Investments LLC lifted its holdings in iShares 1-5 Year Investment Grade Corporate Bond ETF (NASDAQ:IGSB) by 18.6% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,565,336 shares of the company’s stock after acquiring an additional 245,254 shares during the period. iShares 1-5 Year Investment Grade Corporate Bond ETF makes up 10.4% of Parkside Investments LLC’s portfolio, making the stock its biggest position. Parkside Investments LLC owned about 0.38% of iShares 1-5 Year Investment Grade Corporate Bond ETF worth $83,010,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in IGSB. AdvisorNet Financial Inc boosted its position in iShares 1-5 Year Investment Grade Corporate Bond ETF by 1.5% during the 3rd quarter. AdvisorNet Financial Inc now owns 17,288 shares of the company’s stock worth $917,000 after purchasing an additional 260 shares during the period. Aventus Investment Advisors Inc. raised its position in iShares 1-5 Year Investment Grade Corporate Bond ETF by 0.4% in the third quarter. Aventus Investment Advisors Inc. now owns 70,845 shares of the company’s stock valued at $3,757,000 after purchasing an additional 312 shares during the period. United Community Bank lifted its stake in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF by 1.3% during the third quarter. United Community Bank now owns 32,535 shares of the company’s stock worth $1,725,000 after purchasing an additional 420 shares in the last quarter. Mount Lucas Management LP boosted its position in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF by 4.9% in the third quarter. Mount Lucas Management LP now owns 14,994 shares of the company’s stock worth $795,000 after buying an additional 703 shares during the period. Finally, Root Financial Partners LLC acquired a new stake in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF in the third quarter valued at about $39,000. 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 0.0%

Shares of NASDAQ:IGSB opened at $53.17 on Wednesday. The business’s 50-day simple moving average is $52.97 and its 200 day simple moving average is $52.96. iShares 1-5 Year Investment Grade Corporate Bond ETF has a one year low of $51.49 and a one year high of $53.20.

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

The company also recently announced a monthly dividend, which was paid on Thursday, February 5th. Stockholders of record on Monday, February 2nd were given a dividend of $0.198 per share. This represents a c) dividend on an annualized basis and a dividend yield of 4.5%. The ex-dividend date of this dividend was Monday, February 2nd.

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.