L.M. Kohn & Company Cuts Stock Holdings in iShares 1-5 Year Investment Grade Corporate Bond ETF (NASDAQ:IGSB)

L.M. Kohn & Company decreased its holdings in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF (NASDAQ:IGSB) by 64.8% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 6,021 shares of the company’s stock after selling 11,098 shares during the quarter. L.M. Kohn & Company’s holdings in iShares 1-5 Year Investment Grade Corporate Bond ETF were worth $311,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently modified their holdings of the business. NYL Investors LLC grew its holdings in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF by 9,168.7% during the fourth quarter. NYL Investors LLC now owns 9,709,053 shares of the company’s stock worth $501,958,000 after purchasing an additional 9,604,302 shares in the last quarter. Nations Financial Group Inc. IA ADV grew its holdings in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF by 4.5% during the fourth quarter. Nations Financial Group Inc. IA ADV now owns 75,591 shares of the company’s stock worth $3,908,000 after purchasing an additional 3,230 shares in the last quarter. Kanawha Capital Management LLC lifted its position in iShares 1-5 Year Investment Grade Corporate Bond ETF by 1.5% in the 4th quarter. Kanawha Capital Management LLC now owns 19,770 shares of the company’s stock worth $1,022,000 after buying an additional 295 shares during the last quarter. White Pine Capital LLC lifted its position in iShares 1-5 Year Investment Grade Corporate Bond ETF by 1.1% in the 4th quarter. White Pine Capital LLC now owns 20,699 shares of the company’s stock worth $1,070,000 after buying an additional 222 shares during the last quarter. Finally, Bogart Wealth LLC lifted its position in iShares 1-5 Year Investment Grade Corporate Bond ETF by 924.0% in the 4th quarter. Bogart Wealth LLC now owns 1,239 shares of the company’s stock worth $64,000 after buying an additional 1,118 shares during 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

NASDAQ:IGSB opened at $51.96 on Monday. The business has a 50 day moving average of $51.79 and a 200 day moving average of $52.04. iShares 1-5 Year Investment Grade Corporate Bond ETF has a 1-year low of $50.58 and a 1-year high of $52.74.

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

The company also recently announced a dividend, which was paid on Thursday, February 6th. Investors of record on Monday, February 3rd were given a $0.1874 dividend. This is an increase from iShares 1-5 Year Investment Grade Corporate Bond ETF’s previous dividend of $0.18. The ex-dividend date of this dividend was Monday, February 3rd.

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.