One Capital Management LLC Purchases 95,046 Shares of iShares 1-5 Year Investment Grade Corporate Bond ETF $IGSB

One Capital Management LLC grew its position in iShares 1-5 Year Investment Grade Corporate Bond ETF (NASDAQ:IGSB) by 7.4% during the fourth quarter, Holdings Channel.com reports. The firm owned 1,375,500 shares of the company’s stock after acquiring an additional 95,046 shares during the period. iShares 1-5 Year Investment Grade Corporate Bond ETF accounts for approximately 2.2% of One Capital Management LLC’s holdings, making the stock its 8th largest position. One Capital Management LLC’s holdings in iShares 1-5 Year Investment Grade Corporate Bond ETF were worth $72,736,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also modified their holdings of IGSB. Thompson Investment Management Inc. grew its position in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF by 33.7% in the 4th quarter. Thompson Investment Management Inc. now owns 1,111 shares of the company’s stock valued at $59,000 after buying an additional 280 shares during the last quarter. United Community Bank grew its position in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF by 1.3% in the 3rd quarter. United Community Bank now owns 32,535 shares of the company’s stock valued at $1,725,000 after buying an additional 420 shares during the last quarter. Fort Washington Investment Advisors Inc. OH grew its position in shares of 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 buying an additional 472 shares during the last quarter. Harbor Investment Advisory LLC grew its position in shares of 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 buying an additional 500 shares during the last quarter. Finally, Rathbones Group PLC grew its position in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF by 1.0% in the 3rd 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 during 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 Down 0.5%

NASDAQ IGSB opened at $52.30 on Tuesday. The firm’s fifty day moving average price is $52.46 and its 200 day moving average price is $52.76. iShares 1-5 Year Investment Grade Corporate Bond ETF has a 12 month low of $52.12 and a 12 month high of $53.25.

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

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

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.