Mayflower Financial Advisors LLC Trims Stake in iShares 1-5 Year Investment Grade Corporate Bond ETF (NASDAQ:IGSB)

Mayflower Financial Advisors LLC trimmed its holdings in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF (NASDAQ:IGSBGet Rating) by 6.2% in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 14,838 shares of the company’s stock after selling 977 shares during the quarter. Mayflower Financial Advisors LLC’s holdings in iShares 1-5 Year Investment Grade Corporate Bond ETF were worth $750,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Vigilant Capital Management LLC purchased a new position in iShares 1-5 Year Investment Grade Corporate Bond ETF during the second quarter worth about $29,000. City Holding Co. boosted its holdings in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF by 97.4% in the 4th quarter. City Holding Co. now owns 1,135 shares of the company’s stock worth $60,000 after purchasing an additional 560 shares in the last quarter. Migdal Insurance & Financial Holdings Ltd. purchased a new position in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF in the 1st quarter worth about $81,000. American Research & Management Co. purchased a new position in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF in the 1st quarter worth about $96,000. Finally, Verity Asset Management Inc. purchased a new position in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF in the 1st quarter worth about $101,000.

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

Shares of IGSB traded down $0.14 during midday trading on Friday, reaching $49.50. The stock had a trading volume of 4,728,911 shares, compared to its average volume of 3,646,651. The company’s 50-day moving average is $50.58 and its 200 day moving average is $50.90. iShares 1-5 Year Investment Grade Corporate Bond ETF has a 12-month low of $49.47 and a 12-month high of $54.67.

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

The company also recently disclosed a monthly dividend, which was paid on Thursday, September 8th. Stockholders of record on Friday, September 2nd were issued a $0.089 dividend. This is a boost from iShares 1-5 Year Investment Grade Corporate Bond ETF’s previous monthly dividend of $0.08. This represents a $1.07 dividend on an annualized basis and a dividend yield of 2.16%. The ex-dividend date was Thursday, September 1st.

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Institutional Ownership by Quarter for iShares 1-5 Year Investment Grade Corporate Bond ETF (NASDAQ:IGSB)

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