RiverFront Investment Group LLC Buys 929,944 Shares of iShares 1-5 Year Investment Grade Corporate Bond ETF $IGSB

RiverFront Investment Group LLC raised its stake in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF (NASDAQ:IGSB) by 212.1% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 1,368,310 shares of the company’s stock after purchasing an additional 929,944 shares during the period. iShares 1-5 Year Investment Grade Corporate Bond ETF accounts for approximately 1.2% of RiverFront Investment Group LLC’s investment portfolio, making the stock its 29th biggest position. RiverFront Investment Group LLC’s holdings in iShares 1-5 Year Investment Grade Corporate Bond ETF were worth $72,356,000 as of its most recent SEC filing.

Several other large investors have also bought and sold shares of the stock. Thompson Investment Management Inc. raised its position in iShares 1-5 Year Investment Grade Corporate Bond ETF by 33.7% during the 4th quarter. Thompson Investment Management Inc. now owns 1,111 shares of the company’s stock worth $59,000 after purchasing an additional 280 shares during the last quarter. United Community Bank raised its position in iShares 1-5 Year Investment Grade Corporate Bond ETF by 1.3% during the 3rd quarter. United Community Bank now owns 32,535 shares of the company’s stock worth $1,725,000 after purchasing an additional 420 shares during the last quarter. Fort Washington Investment Advisors Inc. OH raised its position in iShares 1-5 Year Investment Grade Corporate Bond ETF by 3.5% during the 4th quarter. Fort Washington Investment Advisors Inc. OH now owns 14,036 shares of the company’s stock worth $742,000 after purchasing an additional 472 shares during the last quarter. Harbor Investment Advisory LLC raised its position in iShares 1-5 Year Investment Grade Corporate Bond ETF by 142.9% during the 4th quarter. Harbor Investment Advisory LLC now owns 850 shares of the company’s stock worth $45,000 after purchasing an additional 500 shares during the last quarter. Finally, Rathbones Group PLC raised its position in iShares 1-5 Year Investment Grade Corporate Bond ETF by 1.0% during the 3rd quarter. Rathbones Group PLC now owns 60,478 shares of the company’s stock worth $3,207,000 after purchasing an additional 586 shares during the last quarter. 76.06% of the stock is owned by institutional investors.

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

Shares of NASDAQ:IGSB opened at $52.25 on Monday. iShares 1-5 Year Investment Grade Corporate Bond ETF has a 12-month low of $52.12 and a 12-month high of $53.25. The business has a fifty day simple moving average of $52.53 and a 200 day simple moving average of $52.81.

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

The firm also recently disclosed a monthly dividend, which was paid on Wednesday, May 6th. Stockholders of record on Friday, May 1st were given a $0.1978 dividend. The ex-dividend date of this dividend was Friday, May 1st. This represents a c) annualized dividend and a dividend 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.