iShares 1-5 Year Investment Grade Corporate Bond ETF $IGSB Stake Reduced by Oak Family Advisors LLC

Oak Family Advisors LLC trimmed its holdings in iShares 1-5 Year Investment Grade Corporate Bond ETF (NASDAQ:IGSB) by 26.1% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 61,902 shares of the company’s stock after selling 21,898 shares during the quarter. Oak Family Advisors LLC’s holdings in iShares 1-5 Year Investment Grade Corporate Bond ETF were worth $3,254,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently made changes to their positions in IGSB. Aventura Private Wealth LLC acquired a new position in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF in the 4th quarter worth approximately $34,000. Kohmann Bosshard Financial Services LLC bought a new stake in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF in the 4th quarter worth approximately $39,000. Harbor Investment Advisory LLC lifted its stake in iShares 1-5 Year Investment Grade Corporate Bond ETF by 142.9% during the fourth quarter. Harbor Investment Advisory LLC now owns 850 shares of the company’s stock valued at $45,000 after purchasing an additional 500 shares during the last quarter. Birchwood Financial Partners Inc. acquired a new stake in iShares 1-5 Year Investment Grade Corporate Bond ETF during the fourth quarter valued at approximately $45,000. Finally, Kelleher Financial Advisors bought a new stake in iShares 1-5 Year Investment Grade Corporate Bond ETF during the third quarter worth approximately $51,000. Institutional investors own 76.06% of the company’s stock.

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

Shares of NASDAQ:IGSB opened at $52.36 on Thursday. iShares 1-5 Year Investment Grade Corporate Bond ETF has a 1-year low of $52.12 and a 1-year high of $53.25. The company has a 50 day moving average price of $52.41 and a 200 day moving average price of $52.68.

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

The business also recently disclosed a monthly dividend, which was paid on Thursday, June 4th. Stockholders of record on Monday, June 1st were given a dividend of $0.1996 per share. This is a boost from iShares 1-5 Year Investment Grade Corporate Bond ETF’s previous monthly dividend of $0.20. The ex-dividend date was Monday, June 1st. This represents a c) dividend on an annualized basis and a dividend yield of 4.6%.

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.