Peloton Wealth Strategists Acquires 810 Shares of iShares 1-5 Year Investment Grade Corporate Bond ETF (NASDAQ:IGSB)

Peloton Wealth Strategists raised its holdings in iShares 1-5 Year Investment Grade Corporate Bond ETF (NASDAQ:IGSB) by 7.1% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 12,167 shares of the company’s stock after purchasing an additional 810 shares during the quarter. Peloton Wealth Strategists’ holdings in iShares 1-5 Year Investment Grade Corporate Bond ETF were worth $629,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Eagle Asset Management Inc. raised its position in 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 last quarter. First Horizon Advisors Inc. raised its position in iShares 1-5 Year Investment Grade Corporate Bond ETF by 14.6% in the 4th quarter. First Horizon Advisors Inc. now owns 15,060 shares of the company’s stock valued at $779,000 after purchasing an additional 1,923 shares during the last quarter. Greenwood Gearhart Inc. raised its position in iShares 1-5 Year Investment Grade Corporate Bond ETF by 2.7% in the 3rd quarter. Greenwood Gearhart Inc. now owns 650,428 shares of the company’s stock valued at $34,252,000 after purchasing an additional 16,987 shares during the last quarter. Haverford Trust Co raised its position in iShares 1-5 Year Investment Grade Corporate Bond ETF by 2.5% in the 3rd quarter. Haverford Trust Co now owns 1,932,071 shares of the company’s stock valued at $101,743,000 after purchasing an additional 47,794 shares during the last quarter. Finally, Prime Capital Investment Advisors LLC raised its position in iShares 1-5 Year Investment Grade Corporate Bond ETF by 21.2% in the 3rd quarter. Prime Capital Investment Advisors LLC now owns 218,891 shares of the company’s stock valued at $11,527,000 after purchasing an additional 38,347 shares during the last quarter. 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 $52.24 on Friday. The stock has a fifty day moving average price of $51.83 and a two-hundred day moving average price of $52.05. iShares 1-5 Year Investment Grade Corporate Bond ETF has a 52-week low of $50.58 and a 52-week 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. Stockholders of record on Monday, February 3rd were given a dividend of $0.1874 per share. The ex-dividend date of this dividend was Monday, February 3rd. This is an increase from iShares 1-5 Year Investment Grade Corporate Bond ETF’s previous dividend of $0.18.

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.