iShares 1-5 Year Investment Grade Corporate Bond ETF $IGSB Stock Position Cut by Ameriflex Group Inc.

Ameriflex Group Inc. trimmed its stake in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF (NASDAQ:IGSB) by 58.9% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,764 shares of the company’s stock after selling 2,524 shares during the quarter. Ameriflex Group Inc.’s holdings in iShares 1-5 Year Investment Grade Corporate Bond ETF were worth $93,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently made changes to their positions in IGSB. Bartlett & CO. Wealth Management LLC increased its stake in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF by 6.6% during the second quarter. Bartlett & CO. Wealth Management LLC now owns 693,523 shares of the company’s stock valued at $36,590,000 after acquiring an additional 42,776 shares during the period. Parkside Investments LLC boosted its stake in iShares 1-5 Year Investment Grade Corporate Bond ETF by 26.4% during the 2nd quarter. Parkside Investments LLC now owns 1,320,082 shares of the company’s stock valued at $69,648,000 after purchasing an additional 275,996 shares in the last quarter. Janney Montgomery Scott LLC increased its position in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF by 0.7% during the 2nd quarter. Janney Montgomery Scott LLC now owns 680,493 shares of the company’s stock valued at $35,903,000 after purchasing an additional 5,005 shares during the period. Keystone Global Partners LLC increased its position in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF by 108.8% during the 2nd quarter. Keystone Global Partners LLC now owns 520,705 shares of the company’s stock valued at $27,000 after purchasing an additional 271,286 shares during the period. Finally, ST Germain D J Co. Inc. raised its stake in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF by 20.6% in the 2nd quarter. ST Germain D J Co. Inc. now owns 6,536 shares of the company’s stock worth $345,000 after buying an additional 1,118 shares in the last quarter. 76.06% of the stock is owned by institutional investors and hedge funds.

iShares 1-5 Year Investment Grade Corporate Bond ETF Stock Down 0.1%

Shares of IGSB stock opened at $52.92 on Friday. The stock has a 50-day simple moving average of $52.89 and a 200 day simple moving average of $52.50. iShares 1-5 Year Investment Grade Corporate Bond ETF has a fifty-two week low of $51.39 and a fifty-two week high of $53.16.

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

The firm also recently disclosed a monthly dividend, which will be paid on Monday, October 6th. Stockholders of record on Wednesday, October 1st will be given a dividend of $0.1987 per share. The ex-dividend date is Wednesday, October 1st. This represents a c) annualized dividend and a dividend yield of 4.5%.

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.