Private Trust Co. NA Purchases 5,086 Shares of iShares 1-5 Year Investment Grade Corporate Bond ETF (NASDAQ:IGSB)

Private Trust Co. NA grew its position in iShares 1-5 Year Investment Grade Corporate Bond ETF (NASDAQ:IGSB) by 197.0% in the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 7,668 shares of the company’s stock after buying an additional 5,086 shares during the period. Private Trust Co. NA’s holdings in iShares 1-5 Year Investment Grade Corporate Bond ETF were worth $404,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the company. Parkside Investments LLC raised its holdings in iShares 1-5 Year Investment Grade Corporate Bond ETF by 15.0% in the 2nd quarter. Parkside Investments LLC now owns 695,665 shares of the company’s stock worth $35,646,000 after acquiring an additional 90,930 shares during the last quarter. Zions Bancorporation N.A. bought a new position in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF during the second quarter valued at $154,000. Family Firm Inc. bought a new position in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF during the second quarter valued at $49,000. Waterloo Capital L.P. boosted its position in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF by 40.3% during the second quarter. Waterloo Capital L.P. now owns 10,577 shares of the company’s stock valued at $542,000 after buying an additional 3,040 shares during the last quarter. Finally, SlateStone Wealth LLC increased its holdings in iShares 1-5 Year Investment Grade Corporate Bond ETF by 11.9% in the 2nd quarter. SlateStone Wealth LLC now owns 12,910 shares of the company’s stock worth $662,000 after buying an additional 1,375 shares in the last quarter. Institutional investors own 76.06% of the company’s stock.

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

IGSB opened at $52.04 on Thursday. The company’s 50-day simple moving average is $52.15 and its two-hundred day simple moving average is $51.82. iShares 1-5 Year Investment Grade Corporate Bond ETF has a 52-week low of $50.42 and a 52-week high of $52.74.

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

The business also recently announced a monthly dividend, which was paid on Wednesday, November 6th. Shareholders of record on Friday, November 1st were paid a dividend of $0.1836 per share. The ex-dividend date of this dividend was Friday, November 1st. This is a positive change from iShares 1-5 Year Investment Grade Corporate Bond ETF’s previous monthly dividend of $0.18. This represents a $2.20 dividend on an annualized basis and a yield of 4.23%.

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.