Kingswood Wealth Advisors LLC Raises Position in iShares 1-5 Year Investment Grade Corporate Bond ETF (NASDAQ:IGSB)

Kingswood Wealth Advisors LLC raised its holdings in iShares 1-5 Year Investment Grade Corporate Bond ETF (NASDAQ:IGSB) by 221.0% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 20,294 shares of the company’s stock after buying an additional 13,971 shares during the period. Kingswood Wealth Advisors LLC’s holdings in iShares 1-5 Year Investment Grade Corporate Bond ETF were worth $1,049,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in IGSB. Captrust Financial Advisors boosted its position in iShares 1-5 Year Investment Grade Corporate Bond ETF by 26.5% in the 3rd quarter. Captrust Financial Advisors now owns 2,747,270 shares of the company’s stock valued at $144,672,000 after buying an additional 574,897 shares during the period. Graypoint LLC raised its holdings in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF by 130.4% in the 4th quarter. Graypoint LLC now owns 350,799 shares of the company’s stock valued at $18,136,000 after purchasing an additional 198,552 shares in the last quarter. TD Private Client Wealth LLC raised its holdings in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF by 24.9% in the 3rd quarter. TD Private Client Wealth LLC now owns 401,020 shares of the company’s stock valued at $21,118,000 after purchasing an additional 79,919 shares in the last quarter. Strategic Advocates LLC raised its holdings in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF by 61.5% in the 3rd quarter. Strategic Advocates LLC now owns 163,926 shares of the company’s stock valued at $8,632,000 after purchasing an additional 62,428 shares in the last quarter. Finally, Money Design Co. Ltd. raised its holdings in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF by 5.0% in the 3rd quarter. Money Design Co. Ltd. now owns 1,164,005 shares of the company’s stock valued at $61,297,000 after purchasing an additional 55,016 shares in the last quarter. Hedge funds and other institutional investors own 76.06% of the company’s stock.

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

Shares of IGSB opened at $52.00 on Wednesday. The firm’s fifty day simple moving average is $51.81 and its 200-day simple moving average is $52.02. iShares 1-5 Year Investment Grade Corporate Bond ETF has a twelve month low of $50.58 and a twelve month high of $52.74.

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. Investors of record on Wednesday, December 18th were paid a dividend of $0.181 per share. The ex-dividend date of this dividend was Wednesday, December 18th. This represents a $2.17 annualized dividend and a yield of 4.18%.

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.