Fiduciary Alliance LLC Buys 2,953 Shares of iShares 1-5 Year Investment Grade Corporate Bond ETF (NASDAQ:IGSB)

Fiduciary Alliance LLC lifted its position in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF (NASDAQ:IGSB) by 5.8% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 53,743 shares of the company’s stock after purchasing an additional 2,953 shares during the period. Fiduciary Alliance LLC’s holdings in iShares 1-5 Year Investment Grade Corporate Bond ETF were worth $2,779,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also added to or reduced their stakes in IGSB. A. D. Beadell Investment Counsel Inc. raised its position in iShares 1-5 Year Investment Grade Corporate Bond ETF by 0.8% during the 4th quarter. A. D. Beadell Investment Counsel Inc. now owns 29,900 shares of the company’s stock worth $1,545,000 after purchasing an additional 250 shares during the last quarter. West Michigan Advisors LLC raised its position in iShares 1-5 Year Investment Grade Corporate Bond ETF by 4.4% during the 3rd quarter. West Michigan Advisors LLC now owns 6,371 shares of the company’s stock worth $335,000 after purchasing an additional 266 shares during the last quarter. Integrated Wealth Concepts LLC raised its position in iShares 1-5 Year Investment Grade Corporate Bond ETF by 0.3% during the 3rd quarter. Integrated Wealth Concepts LLC now owns 87,069 shares of the company’s stock worth $4,585,000 after purchasing an additional 297 shares during the last quarter. Burns J W & Co. Inc. NY raised its position in iShares 1-5 Year Investment Grade Corporate Bond ETF by 0.8% during the 3rd quarter. Burns J W & Co. Inc. NY now owns 52,367 shares of the company’s stock worth $2,758,000 after purchasing an additional 415 shares during the last quarter. Finally, Parallel Advisors LLC raised its position in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF by 0.7% in the 2nd quarter. Parallel Advisors LLC now owns 60,305 shares of the company’s stock worth $3,090,000 after acquiring an additional 419 shares in the last quarter. Institutional investors and hedge funds own 76.06% of the company’s stock.

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

IGSB stock traded down $0.01 during mid-day trading on Monday, reaching $51.53. 2,174,386 shares of the company traded hands, compared to its average volume of 3,385,425. iShares 1-5 Year Investment Grade Corporate Bond ETF has a fifty-two week low of $50.58 and a fifty-two week high of $52.74. The firm’s 50 day moving average price is $51.83 and its 200 day moving average price is $51.98.

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

The business also recently declared a monthly dividend, which was paid on Monday, December 23rd. Shareholders of record on Wednesday, December 18th were paid a dividend of $0.181 per share. The ex-dividend date was Wednesday, December 18th. This represents a $2.17 dividend on an annualized basis and a yield of 4.21%.

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.