Equitable Trust Co. Has $10.57 Million Stock Position in iShares 1-5 Year Investment Grade Corporate Bond ETF $IGSB

Equitable Trust Co. lifted its holdings in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF (NASDAQ:IGSB) by 6.1% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 199,800 shares of the company’s stock after acquiring an additional 11,472 shares during the period. Equitable Trust Co.’s holdings in iShares 1-5 Year Investment Grade Corporate Bond ETF were worth $10,565,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Aventura Private Wealth LLC acquired a new position in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF during the 4th quarter worth $34,000. Root Financial Partners LLC acquired a new position in iShares 1-5 Year Investment Grade Corporate Bond ETF in the 3rd quarter worth about $39,000. Kohmann Bosshard Financial Services LLC acquired a new position in iShares 1-5 Year Investment Grade Corporate Bond ETF in the 4th quarter worth about $39,000. Harbor Investment Advisory LLC increased its holdings in iShares 1-5 Year Investment Grade Corporate Bond ETF by 142.9% in the 4th quarter. Harbor Investment Advisory LLC now owns 850 shares of the company’s stock worth $45,000 after purchasing an additional 500 shares in the last quarter. Finally, Kelleher Financial Advisors acquired a new position in iShares 1-5 Year Investment Grade Corporate Bond ETF in the 3rd quarter worth about $51,000. Institutional investors and hedge funds own 76.06% of the company’s stock.

iShares 1-5 Year Investment Grade Corporate Bond ETF Stock Up 0.1%

Shares of IGSB opened at $52.36 on Wednesday. iShares 1-5 Year Investment Grade Corporate Bond ETF has a 12-month low of $52.04 and a 12-month high of $53.25. The business has a 50-day simple moving average of $52.64 and a two-hundred day simple moving average of $52.85.

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

The company also recently announced a monthly dividend, which will be paid on Wednesday, May 6th. Shareholders of record on Friday, May 1st will be issued a $0.1978 dividend. This represents a c) dividend on an annualized basis and a yield of 4.5%. The ex-dividend date of this dividend is Friday, May 1st.

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.