First United Bank & Trust Lowers Holdings in iShares 1-5 Year Investment Grade Corporate Bond ETF (NASDAQ:IGSB)

First United Bank & Trust decreased its holdings in iShares 1-5 Year Investment Grade Corporate Bond ETF (NASDAQ:IGSB) by 2.6% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 9,556 shares of the company’s stock after selling 255 shares during the quarter. First United Bank & Trust’s holdings in iShares 1-5 Year Investment Grade Corporate Bond ETF were worth $503,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also modified their holdings of the company. Allstate Corp lifted its stake in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF by 11.3% in the 1st quarter. Allstate Corp now owns 6,157,676 shares of the company’s stock valued at $315,766,000 after purchasing an additional 627,127 shares in the last quarter. Captrust Financial Advisors lifted its position in iShares 1-5 Year Investment Grade Corporate Bond ETF by 4.6% during the 1st quarter. Captrust Financial Advisors now owns 2,099,769 shares of the company’s stock worth $106,671,000 after acquiring an additional 92,461 shares in the last quarter. Haverford Trust Co lifted its position in iShares 1-5 Year Investment Grade Corporate Bond ETF by 3.7% during the 1st quarter. Haverford Trust Co now owns 1,846,099 shares of the company’s stock worth $94,668,000 after acquiring an additional 66,456 shares in the last quarter. Money Design Co. Ltd. lifted its position in iShares 1-5 Year Investment Grade Corporate Bond ETF by 5.0% during the 3rd quarter. Money Design Co. Ltd. now owns 1,164,005 shares of the company’s stock worth $61,297,000 after acquiring an additional 55,016 shares in the last quarter. Finally, Parkside Investments LLC lifted its position in iShares 1-5 Year Investment Grade Corporate Bond ETF by 15.0% during the 2nd quarter. Parkside Investments LLC now owns 695,665 shares of the company’s stock worth $35,646,000 after acquiring an additional 90,930 shares in the last quarter. 76.06% of the stock is owned by institutional investors and hedge funds.

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

iShares 1-5 Year Investment Grade Corporate Bond ETF stock opened at $52.27 on Wednesday. The stock’s 50 day moving average price is $52.34 and its 200 day moving average price is $51.59. iShares 1-5 Year Investment Grade Corporate Bond ETF has a one year low of $49.36 and a one year high of $52.74.

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

The firm also recently announced a dividend, which was paid on Friday, September 6th. Shareholders of record on Tuesday, September 3rd were given a $0.1782 dividend. The ex-dividend date was Tuesday, September 3rd.

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.