IFP Advisors Inc Purchases 15,495 Shares of iShares 1-5 Year Investment Grade Corporate Bond ETF $IGSB

IFP Advisors Inc lifted its holdings in iShares 1-5 Year Investment Grade Corporate Bond ETF (NASDAQ:IGSB) by 4.7% during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 344,144 shares of the company’s stock after buying an additional 15,495 shares during the quarter. IFP Advisors Inc’s holdings in iShares 1-5 Year Investment Grade Corporate Bond ETF were worth $18,250,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in the stock. Allstate Corp lifted its holdings in iShares 1-5 Year Investment Grade Corporate Bond ETF by 41.0% during the 3rd quarter. Allstate Corp now owns 6,864,741 shares of the company’s stock valued at $364,037,000 after buying an additional 1,997,065 shares in the last quarter. JPMorgan Chase & Co. increased its holdings in iShares 1-5 Year Investment Grade Corporate Bond ETF by 20.4% during the third quarter. JPMorgan Chase & Co. now owns 3,466,237 shares of the company’s stock valued at $183,815,000 after buying an additional 586,487 shares during the period. Captrust Financial Advisors increased its holdings in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF by 8.5% in the 3rd quarter. Captrust Financial Advisors now owns 4,562,020 shares of the company’s stock valued at $241,924,000 after acquiring an additional 356,047 shares during the period. Ameriprise Financial Inc. boosted its position in iShares 1-5 Year Investment Grade Corporate Bond ETF by 2.0% during the third quarter. Ameriprise Financial Inc. now owns 13,162,203 shares of the company’s stock valued at $702,693,000 after purchasing an additional 264,198 shares in the last quarter. Finally, Parkside Investments LLC lifted its position in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF by 18.6% during the third quarter. Parkside Investments LLC now owns 1,565,336 shares of the company’s stock valued at $83,010,000 after buying an additional 245,254 shares during 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 Price Performance

NASDAQ:IGSB opened at $52.49 on Thursday. iShares 1-5 Year Investment Grade Corporate Bond ETF has a 52 week low of $51.49 and a 52 week high of $53.25. The firm has a 50 day moving average of $52.94 and a 200 day moving average of $52.95.

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

The business also recently disclosed a monthly dividend, which was paid on Thursday, March 5th. Stockholders of record on Monday, March 2nd were issued a dividend of $0.1972 per share. The ex-dividend date was Monday, March 2nd. This represents a c) annualized dividend and a dividend yield of 4.5%.

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.