West Michigan Advisors LLC Grows Position in iShares 1-5 Year Investment Grade Corporate Bond ETF (NASDAQ:IGSB)

West Michigan Advisors LLC lifted its holdings in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF (NASDAQ:IGSB) by 4.4% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 6,371 shares of the company’s stock after purchasing an additional 266 shares during the quarter. West Michigan Advisors LLC’s holdings in iShares 1-5 Year Investment Grade Corporate Bond ETF were worth $335,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also modified their holdings of IGSB. Rise Advisors LLC purchased a new position in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF during the 3rd quarter worth $29,000. Family Firm Inc. purchased a new position in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF during the 2nd quarter worth $49,000. Park Place Capital Corp grew its holdings in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF by 270.8% during the 1st quarter. Park Place Capital Corp now owns 1,483 shares of the company’s stock worth $76,000 after purchasing an additional 1,083 shares during the period. Richardson Financial Services Inc. grew its holdings in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF by 2,687.3% during the 1st quarter. Richardson Financial Services Inc. now owns 1,533 shares of the company’s stock worth $79,000 after purchasing an additional 1,478 shares during the period. Finally, Payden & Rygel Investment Group purchased a new position in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF during the 1st quarter worth $90,000. 76.06% of the stock is currently owned by hedge funds and other institutional investors.

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

IGSB opened at $52.10 on Friday. The stock’s 50-day moving average price is $52.37 and its 200 day moving average price is $51.64. iShares 1-5 Year Investment Grade Corporate Bond ETF has a 12-month low of $49.53 and a 12-month high of $52.74.

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

The company also recently announced a dividend, which was paid on Friday, September 6th. Investors of record on Tuesday, September 3rd were paid a dividend of $0.1782 per share. The ex-dividend date of this dividend was Tuesday, September 3rd.

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.