iShares 1-5 Year Investment Grade Corporate Bond ETF (NASDAQ:IGSB) Sees Large Decrease in Short Interest

iShares 1-5 Year Investment Grade Corporate Bond ETF (NASDAQ:IGSB) saw a large decrease in short interest in February. As of February 13th, there was short interest totaling 4,125,782 shares, a decrease of 14.0% from the January 29th total of 4,794,698 shares. Approximately 1.0% of the company’s stock are sold short. Based on an average daily trading volume, of 3,213,155 shares, the days-to-cover ratio is currently 1.3 days. Based on an average daily trading volume, of 3,213,155 shares, the days-to-cover ratio is currently 1.3 days. Approximately 1.0% of the company’s stock are sold short.

Institutional Trading of iShares 1-5 Year Investment Grade Corporate Bond ETF

A number of large investors have recently made changes to their positions in the company. NewSquare Capital LLC grew its holdings in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF by 1.0% during the second quarter. NewSquare Capital LLC now owns 648,331 shares of the company’s stock worth $34,206,000 after purchasing an additional 6,570 shares during the last quarter. Nvwm LLC increased its position in iShares 1-5 Year Investment Grade Corporate Bond ETF by 31.4% during the second quarter. Nvwm LLC now owns 47,714 shares of the company’s stock worth $2,517,000 after buying an additional 11,413 shares during the period. Mittelman Wealth Management lifted its stake in iShares 1-5 Year Investment Grade Corporate Bond ETF by 73.9% in the second quarter. Mittelman Wealth Management now owns 74,500 shares of the company’s stock valued at $3,931,000 after buying an additional 31,650 shares during the last quarter. Rothschild Investment LLC boosted its holdings in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF by 438.8% in the second quarter. Rothschild Investment LLC now owns 178,824 shares of the company’s stock valued at $9,435,000 after acquiring an additional 145,634 shares during the period. Finally, Pinnacle Wealth Planning Services Inc. grew its position in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF by 94.3% during the second quarter. Pinnacle Wealth Planning Services Inc. now owns 11,075 shares of the company’s stock worth $584,000 after acquiring an additional 5,375 shares during the last quarter. 76.06% of the stock is currently owned by hedge funds and other institutional investors.

iShares 1-5 Year Investment Grade Corporate Bond ETF Stock Up 0.0%

Shares of iShares 1-5 Year Investment Grade Corporate Bond ETF stock traded up $0.01 during trading hours on Wednesday, reaching $52.92. 1,614,562 shares of the company were exchanged, compared to its average volume of 3,837,428. iShares 1-5 Year Investment Grade Corporate Bond ETF has a 1 year low of $51.49 and a 1 year high of $53.25. The stock’s fifty day moving average is $52.99 and its 200 day moving average is $52.97.

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, March 5th. Shareholders of record on Monday, March 2nd will be given a $0.1972 dividend. The ex-dividend date of this dividend is Monday, March 2nd. This represents a c) dividend on an annualized basis and a 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.