CoreCap Advisors LLC Boosts Stock Position in iShares 1-5 Year Investment Grade Corporate Bond ETF $IGSB

CoreCap Advisors LLC lifted its holdings in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF (NASDAQ:IGSB) by 424.4% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 62,256 shares of the company’s stock after buying an additional 50,384 shares during the quarter. CoreCap Advisors LLC’s holdings in iShares 1-5 Year Investment Grade Corporate Bond ETF were worth $3,263,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the business. Kohmann Bosshard Financial Services LLC acquired a new stake in iShares 1-5 Year Investment Grade Corporate Bond ETF in the 4th quarter valued at $39,000. Birchwood Financial Partners Inc. acquired a new position in iShares 1-5 Year Investment Grade Corporate Bond ETF during the fourth quarter worth $45,000. Kelleher Financial Advisors purchased a new position in iShares 1-5 Year Investment Grade Corporate Bond ETF during the third quarter valued at $51,000. Ares Financial Consulting LLC purchased a new position in iShares 1-5 Year Investment Grade Corporate Bond ETF during the fourth quarter valued at $58,000. Finally, Cullen Frost Bankers Inc. purchased a new position in iShares 1-5 Year Investment Grade Corporate Bond ETF during the fourth quarter valued at $65,000. Hedge funds and other 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 $52.12 on Thursday. The company’s 50-day simple moving average is $52.23 and its 200-day simple moving average is $52.53. iShares 1-5 Year Investment Grade Corporate Bond ETF has a 52-week low of $51.97 and a 52-week high of $53.25.

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

The business also recently declared a monthly dividend, which will be paid on Thursday, August 6th. Investors of record on Monday, August 3rd will be paid a $0.1981 dividend. The ex-dividend date of this dividend is Monday, August 3rd. This represents a c) dividend on an annualized basis and a yield of 4.6%.

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.