iShares 1-5 Year Investment Grade Corporate Bond ETF (NASDAQ:IGSB) Shares Acquired by Gradient Capital Advisors LLC

Gradient Capital Advisors LLC increased its position in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF (NASDAQ:IGSB) by 20.7% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 77,652 shares of the company’s stock after purchasing an additional 13,298 shares during the period. iShares 1-5 Year Investment Grade Corporate Bond ETF accounts for about 1.3% of Gradient Capital Advisors LLC’s investment portfolio, making the stock its 23rd largest holding. Gradient Capital Advisors LLC’s holdings in iShares 1-5 Year Investment Grade Corporate Bond ETF were worth $4,015,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in the company. PSI Advisors LLC increased its position in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF by 74.9% during the 4th quarter. PSI Advisors LLC now owns 481 shares of the company’s stock valued at $25,000 after purchasing an additional 206 shares during the period. Kennebec Savings Bank acquired a new position in iShares 1-5 Year Investment Grade Corporate Bond ETF during the third quarter worth about $43,000. Fortitude Family Office LLC acquired a new position in iShares 1-5 Year Investment Grade Corporate Bond ETF during the fourth quarter worth about $43,000. Thompson Investment Management Inc. raised its position in iShares 1-5 Year Investment Grade Corporate Bond ETF by 88.4% in the fourth quarter. Thompson Investment Management Inc. now owns 831 shares of the company’s stock worth $43,000 after acquiring an additional 390 shares in the last quarter. Finally, ORG Partners LLC acquired a new stake in iShares 1-5 Year Investment Grade Corporate Bond ETF in the 3rd quarter valued at about $116,000. 76.06% of the stock is currently owned by institutional investors and hedge funds.

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

Shares of IGSB opened at $51.84 on Wednesday. The firm’s 50 day moving average is $51.81 and its 200-day moving average is $52.04. 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.

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

The firm also recently declared a dividend, which was paid on Thursday, February 6th. Shareholders of record on Monday, February 3rd were given a $0.1874 dividend. This is a positive change from iShares 1-5 Year Investment Grade Corporate Bond ETF’s previous dividend of $0.18. The ex-dividend date was Monday, February 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.