Seven Mile Advisory Has $3.82 Million Position in iShares 1-5 Year Investment Grade Corporate Bond ETF $IGSB

Seven Mile Advisory cut its position in iShares 1-5 Year Investment Grade Corporate Bond ETF (NASDAQ:IGSB) by 28.7% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 72,296 shares of the company’s stock after selling 29,166 shares during the quarter. Seven Mile Advisory’s holdings in iShares 1-5 Year Investment Grade Corporate Bond ETF were worth $3,823,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Thompson Investment Management Inc. grew its holdings in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF by 33.7% during the 4th quarter. Thompson Investment Management Inc. now owns 1,111 shares of the company’s stock valued at $59,000 after purchasing an additional 280 shares during the last quarter. Fort Washington Investment Advisors Inc. OH lifted its stake in iShares 1-5 Year Investment Grade Corporate Bond ETF by 3.5% in the 4th quarter. Fort Washington Investment Advisors Inc. OH now owns 14,036 shares of the company’s stock valued at $742,000 after purchasing an additional 472 shares during the last quarter. Harbor Investment Advisory LLC lifted its stake 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 valued at $45,000 after purchasing an additional 500 shares during the last quarter. Rathbones Group PLC boosted its position in iShares 1-5 Year Investment Grade Corporate Bond ETF by 1.0% in the third quarter. Rathbones Group PLC now owns 60,478 shares of the company’s stock valued at $3,207,000 after buying an additional 586 shares in the last quarter. Finally, Kingswood Wealth Advisors LLC boosted its position in iShares 1-5 Year Investment Grade Corporate Bond ETF by 3.0% in the fourth quarter. Kingswood Wealth Advisors LLC now owns 22,146 shares of the company’s stock valued at $1,171,000 after buying an additional 644 shares in the last quarter. 76.06% of the stock is currently owned by institutional investors and hedge funds.

iShares 1-5 Year Investment Grade Corporate Bond ETF Stock Performance

Shares of iShares 1-5 Year Investment Grade Corporate Bond ETF stock opened at $52.34 on Monday. iShares 1-5 Year Investment Grade Corporate Bond ETF has a fifty-two week low of $52.12 and a fifty-two week high of $53.25. The company’s 50 day moving average price is $52.44 and its two-hundred day moving average price is $52.72.

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

The business also recently announced a monthly dividend, which was paid on Thursday, June 4th. Shareholders of record on Monday, June 1st were given a $0.1996 dividend. This is an increase from iShares 1-5 Year Investment Grade Corporate Bond ETF’s previous monthly dividend of $0.20. This represents a c) dividend on an annualized basis and a yield of 4.6%. The ex-dividend date was Monday, June 1st.

iShares 1-5 Year Investment Grade Corporate Bond ETF Profile

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.