Leavell Investment Management Inc. Has $27.36 Million Holdings in iShares 1-5 Year Investment Grade Corporate Bond ETF $IGSB

Leavell Investment Management Inc. increased its position in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF (NASDAQ:IGSB) by 3.2% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 515,922 shares of the company’s stock after buying an additional 16,141 shares during the period. iShares 1-5 Year Investment Grade Corporate Bond ETF accounts for approximately 1.2% of Leavell Investment Management Inc.’s investment portfolio, making the stock its 14th biggest position. Leavell Investment Management Inc. owned approximately 0.13% of iShares 1-5 Year Investment Grade Corporate Bond ETF worth $27,359,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in IGSB. AdvisorNet Financial Inc grew its position in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF by 1.5% in the 3rd quarter. AdvisorNet Financial Inc now owns 17,288 shares of the company’s stock valued at $917,000 after acquiring an additional 260 shares during the period. Aventus Investment Advisors Inc. raised its holdings in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF by 0.4% in the 3rd quarter. Aventus Investment Advisors Inc. now owns 70,845 shares of the company’s stock valued at $3,757,000 after purchasing an additional 312 shares during the period. Princeton Global Asset Management LLC lifted its stake in iShares 1-5 Year Investment Grade Corporate Bond ETF by 0.6% in the 2nd quarter. Princeton Global Asset Management LLC now owns 50,805 shares of the company’s stock valued at $2,680,000 after purchasing an additional 318 shares during the last quarter. Private Wealth Asset Management LLC bought a new position in iShares 1-5 Year Investment Grade Corporate Bond ETF during the second quarter worth about $29,000. Finally, 1620 Investment Advisors Inc. grew its holdings in iShares 1-5 Year Investment Grade Corporate Bond ETF by 1.7% during the third quarter. 1620 Investment Advisors Inc. now owns 48,334 shares of the company’s stock worth $2,563,000 after purchasing an additional 818 shares during the period. 76.06% of the stock is owned by institutional investors.

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

NASDAQ:IGSB opened at $52.92 on Friday. iShares 1-5 Year Investment Grade Corporate Bond ETF has a 12-month low of $51.49 and a 12-month high of $53.18. The stock’s 50 day moving average price is $52.92 and its two-hundred day moving average price is $52.87.

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

The firm also recently declared a monthly dividend, which was paid on Wednesday, December 24th. Investors of record on Friday, December 19th were paid a $0.2018 dividend. This represents a c) dividend on an annualized basis and a yield of 4.6%. The ex-dividend date was Friday, December 19th.

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.