Equitable Trust Co. Has $7.91 Million Stake in iShares 1-5 Year Investment Grade Corporate Bond ETF $IGSB

Equitable Trust Co. boosted its position in iShares 1-5 Year Investment Grade Corporate Bond ETF (NASDAQ:IGSB) by 12.7% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 149,997 shares of the company’s stock after buying an additional 16,924 shares during the period. Equitable Trust Co.’s holdings in iShares 1-5 Year Investment Grade Corporate Bond ETF were worth $7,914,000 at the end of the most recent quarter.

Several other hedge funds have also recently made changes to their positions in IGSB. Parkside Investments LLC grew its stake in iShares 1-5 Year Investment Grade Corporate Bond ETF by 26.4% during the second quarter. Parkside Investments LLC now owns 1,320,082 shares of the company’s stock worth $69,648,000 after purchasing an additional 275,996 shares during the period. GAMMA Investing LLC increased its stake in iShares 1-5 Year Investment Grade Corporate Bond ETF by 5,137.5% in the first quarter. GAMMA Investing LLC now owns 2,514 shares of the company’s stock valued at $132,000 after purchasing an additional 2,466 shares in the last quarter. Bank of New York Mellon Corp boosted its holdings in iShares 1-5 Year Investment Grade Corporate Bond ETF by 3.7% in the first quarter. Bank of New York Mellon Corp now owns 470,015 shares of the company’s stock worth $24,615,000 after acquiring an additional 16,644 shares in the last quarter. Flow Traders U.S. LLC bought a new position in iShares 1-5 Year Investment Grade Corporate Bond ETF in the first quarter worth approximately $7,792,000. Finally, eCIO Inc. bought a new position in iShares 1-5 Year Investment Grade Corporate Bond ETF in the first quarter worth approximately $252,000. 76.06% of the stock is owned by institutional investors.

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

Shares of NASDAQ:IGSB opened at $53.02 on Tuesday. iShares 1-5 Year Investment Grade Corporate Bond ETF has a twelve month low of $51.39 and a twelve month high of $53.16. The stock’s 50 day moving average is $52.92 and its 200-day moving average is $52.53.

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

The company also recently disclosed a monthly dividend, which was paid on Monday, October 6th. Investors of record on Wednesday, October 1st were issued a $0.1987 dividend. The ex-dividend date of this dividend was Wednesday, October 1st. This represents a c) annualized dividend and a yield of 4.5%.

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.