Sunbelt Securities Inc. Sells 2,024 Shares of iShares 1-5 Year Investment Grade Corporate Bond ETF (NASDAQ:IGSB)

Sunbelt Securities Inc. reduced its holdings in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF (NASDAQ:IGSB) by 29.3% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 4,887 shares of the company’s stock after selling 2,024 shares during the period. Sunbelt Securities Inc.’s holdings in iShares 1-5 Year Investment Grade Corporate Bond ETF were worth $251,000 at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in the business. ICA Group Wealth Management LLC bought a new position in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF in the fourth quarter worth approximately $25,000. Headinvest LLC purchased a new stake in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF in the third quarter worth $33,000. Tidemark LLC bought a new stake in iShares 1-5 Year Investment Grade Corporate Bond ETF during the 4th quarter valued at about $49,000. Life Planning Partners Inc purchased a new position in iShares 1-5 Year Investment Grade Corporate Bond ETF in the 4th quarter worth approximately $111,000. Finally, Fiduciary Alliance LLC bought a new position in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF during the fourth quarter valued at $255,000. 76.06% of the stock is owned by hedge funds and other institutional investors.

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 $51.24 on Friday. iShares 1-5 Year Investment Grade Corporate Bond ETF has a twelve month low of $49.36 and a twelve month high of $51.53. The company’s 50 day moving average is $51.07 and its 200 day moving average is $51.09.

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

The business also recently announced a monthly dividend, which was paid on Friday, June 7th. Investors of record on Monday, June 3rd were given a dividend of $0.1744 per share. The ex-dividend date of this dividend was Monday, June 3rd. This represents a $2.09 annualized dividend and a yield of 4.08%.

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.