L.M. Kohn & Company Buys New Position in iShares 1-5 Year Investment Grade Corporate Bond ETF (NASDAQ:IGSB)

L.M. Kohn & Company purchased a new position in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF (NASDAQ:IGSB) in the third quarter, HoldingsChannel reports. The fund purchased 17,119 shares of the company’s stock, valued at approximately $901,000.

Other large investors have also recently bought and sold shares of the company. Captrust Financial Advisors lifted its position in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF by 26.5% in the third quarter. Captrust Financial Advisors now owns 2,747,270 shares of the company’s stock worth $144,672,000 after purchasing an additional 574,897 shares in the last quarter. Haverford Trust Co lifted its position in iShares 1-5 Year Investment Grade Corporate Bond ETF by 2.5% during the 3rd quarter. Haverford Trust Co now owns 1,932,071 shares of the company’s stock worth $101,743,000 after buying an additional 47,794 shares in the last quarter. Money Design Co. Ltd. boosted its stake in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF by 5.0% during the 3rd quarter. Money Design Co. Ltd. now owns 1,164,005 shares of the company’s stock worth $61,297,000 after buying an additional 55,016 shares during the last quarter. Klaas Financial Asset Advisors LLC boosted its stake in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF by 0.8% during the 3rd quarter. Klaas Financial Asset Advisors LLC now owns 935,645 shares of the company’s stock worth $49,271,000 after buying an additional 7,867 shares during the last quarter. Finally, Janney Montgomery Scott LLC grew its holdings in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF by 2.8% in the 3rd quarter. Janney Montgomery Scott LLC now owns 697,273 shares of the company’s stock valued at $36,718,000 after acquiring an additional 19,218 shares in the last quarter. Institutional investors and hedge funds own 76.06% of the company’s stock.

iShares 1-5 Year Investment Grade Corporate Bond ETF Trading Up 0.2 %

IGSB opened at $52.15 on Friday. The business’s 50-day simple moving average is $52.13 and its 200 day simple moving average is $51.83. iShares 1-5 Year Investment Grade Corporate Bond ETF has a 52-week low of $50.48 and a 52-week high of $52.74.

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

The business also recently disclosed a monthly dividend, which was paid on Wednesday, November 6th. Stockholders of record on Friday, November 1st were issued a $0.1836 dividend. This represents a $2.20 annualized dividend and a dividend yield of 4.23%. The ex-dividend date of this dividend was Friday, November 1st. This is an increase from iShares 1-5 Year Investment Grade Corporate Bond ETF’s previous monthly 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.