RiverFront Investment Group LLC Sells 101,031 Shares of iShares 1-5 Year Investment Grade Corporate Bond ETF (NASDAQ:IGSB)

RiverFront Investment Group LLC cut its holdings in iShares 1-5 Year Investment Grade Corporate Bond ETF (NASDAQ:IGSB) by 21.0% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 381,197 shares of the company’s stock after selling 101,031 shares during the quarter. RiverFront Investment Group LLC owned approximately 0.10% of iShares 1-5 Year Investment Grade Corporate Bond ETF worth $19,533,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of IGSB. ICA Group Wealth Management LLC bought a new stake in iShares 1-5 Year Investment Grade Corporate Bond ETF during the fourth quarter worth about $25,000. Family Firm Inc. bought a new position in iShares 1-5 Year Investment Grade Corporate Bond ETF during the 2nd quarter valued at approximately $49,000. Park Place Capital Corp raised its stake in iShares 1-5 Year Investment Grade Corporate Bond ETF by 270.8% during the first quarter. Park Place Capital Corp now owns 1,483 shares of the company’s stock valued at $76,000 after buying an additional 1,083 shares during the last quarter. Richardson Financial Services Inc. boosted its holdings in iShares 1-5 Year Investment Grade Corporate Bond ETF by 2,687.3% in the first quarter. Richardson Financial Services Inc. now owns 1,533 shares of the company’s stock worth $79,000 after acquiring an additional 1,478 shares in the last quarter. Finally, Payden & Rygel Investment Group bought a new stake in iShares 1-5 Year Investment Grade Corporate Bond ETF in the first quarter worth $90,000. 76.06% of the stock is currently owned by institutional investors.

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

Shares of NASDAQ:IGSB opened at $52.55 on Wednesday. The business has a fifty day moving average price of $52.25 and a 200-day moving average price of $51.51. iShares 1-5 Year Investment Grade Corporate Bond ETF has a 1-year low of $49.36 and a 1-year high of $52.74.

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

The company also recently disclosed a dividend, which was paid on Friday, September 6th. Shareholders of record on Tuesday, September 3rd were paid a dividend of $0.1782 per share. The ex-dividend date of this dividend was Tuesday, September 3rd.

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.