Curbstone Financial Management Corp Sells 400 Shares of iShares 1-5 Year Investment Grade Corporate Bond ETF (NASDAQ:IGSB)

Curbstone Financial Management Corp cut its position in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF (NASDAQ:IGSB) by 0.6% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 71,690 shares of the company’s stock after selling 400 shares during the period. Curbstone Financial Management Corp’s holdings in iShares 1-5 Year Investment Grade Corporate Bond ETF were worth $3,706,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of IGSB. Eagle Asset Management Inc. grew its stake in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF by 5.4% in the 3rd quarter. Eagle Asset Management Inc. now owns 14,149 shares of the company’s stock valued at $735,000 after purchasing an additional 721 shares during the period. Bartlett & CO. Wealth Management LLC grew its position in iShares 1-5 Year Investment Grade Corporate Bond ETF by 6.5% in the third quarter. Bartlett & CO. Wealth Management LLC now owns 586,165 shares of the company’s stock valued at $30,867,000 after acquiring an additional 35,557 shares during the period. Lazari Capital Management Inc. acquired a new position in iShares 1-5 Year Investment Grade Corporate Bond ETF during the second quarter worth $409,000. Greenwood Gearhart Inc. lifted its holdings in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF by 2.7% during the third quarter. Greenwood Gearhart Inc. now owns 650,428 shares of the company’s stock valued at $34,252,000 after acquiring an additional 16,987 shares during the period. Finally, ORG Partners LLC acquired a new stake in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF in the 3rd quarter valued at $116,000. 76.06% of the stock is owned by institutional investors.

iShares 1-5 Year Investment Grade Corporate Bond ETF Trading Up 0.2 %

Shares of iShares 1-5 Year Investment Grade Corporate Bond ETF stock opened at $52.00 on Tuesday. iShares 1-5 Year Investment Grade Corporate Bond ETF has a 12-month low of $50.58 and a 12-month high of $52.74. The company has a 50-day simple moving average of $51.81 and a 200 day simple moving average of $52.01.

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

The company also recently disclosed a monthly dividend, which was paid on Monday, December 23rd. Stockholders of record on Wednesday, December 18th were issued a dividend of $0.181 per share. This represents a $2.17 annualized dividend and a dividend yield of 4.18%. The ex-dividend date was Wednesday, December 18th.

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.