Kingswood Wealth Advisors LLC Buys 21,615 Shares of iShares 1-5 Year Investment Grade Corporate Bond ETF $IGSB

Kingswood Wealth Advisors LLC lifted its stake in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF (NASDAQ:IGSB) by 91.0% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 45,380 shares of the company’s stock after buying an additional 21,615 shares during the quarter. Kingswood Wealth Advisors LLC’s holdings in iShares 1-5 Year Investment Grade Corporate Bond ETF were worth $2,325,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Valley Wealth Managers Inc. purchased a new stake in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF during the third quarter valued at approximately $65,000. Cornerstone Planning Group LLC lifted its position in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF by 243.5% during the first quarter. Cornerstone Planning Group LLC now owns 1,271 shares of the company’s stock worth $67,000 after purchasing an additional 901 shares in the last quarter. Main Street Group LTD purchased a new position in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF in the first quarter valued at $105,000. Highland Investment Advisors LLC purchased a new position in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF in the second quarter valued at $141,000. Finally, Continuum Advisory LLC purchased a new position in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF in the second quarter valued at $167,000. 76.06% of the stock is owned by institutional investors and hedge funds.

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

IGSB opened at $51.44 on Tuesday. The company has a fifty day simple moving average of $51.59 and a 200 day simple moving average of $52.30. iShares 1-5 Year Investment Grade Corporate Bond ETF has a twelve month low of $50.97 and a twelve month high of $53.25.

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

The company also recently disclosed a monthly dividend, which was paid on Tuesday, October 6th. Shareholders of record on Thursday, October 1st were given a $0.2037 dividend. This represents a $2.44 dividend on an annualized basis and a yield of 4.8%. The ex-dividend date of this dividend was Thursday, October 1st. This is an increase from iShares 1-5 Year Investment Grade Corporate Bond ETF’s previous monthly dividend of $0.2020.

iShares 1-5 Year Investment Grade Corporate Bond ETF Company 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.