West Paces Advisors Inc. Sells 2,065 Shares of iShares 1-5 Year Investment Grade Corporate Bond ETF (NASDAQ:IGSB)

West Paces Advisors Inc. lessened its stake in iShares 1-5 Year Investment Grade Corporate Bond ETF (NASDAQ:IGSB) by 52.5% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 1,867 shares of the company’s stock after selling 2,065 shares during the quarter. West Paces Advisors Inc.’s holdings in iShares 1-5 Year Investment Grade Corporate Bond ETF were worth $96,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the stock. Graybill Wealth Management LTD. increased its holdings in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF by 2.8% in the third quarter. Graybill Wealth Management LTD. now owns 61,346 shares of the company’s stock worth $3,057,000 after acquiring an additional 1,649 shares in the last quarter. Arkadios Wealth Advisors increased its holdings in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF by 26.2% in the fourth quarter. Arkadios Wealth Advisors now owns 19,580 shares of the company’s stock worth $1,004,000 after acquiring an additional 4,064 shares in the last quarter. Sunbelt Securities Inc. increased its holdings in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF by 12.4% in the third quarter. Sunbelt Securities Inc. now owns 8,994 shares of the company’s stock worth $448,000 after acquiring an additional 995 shares in the last quarter. Leavell Investment Management Inc. increased its holdings in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF by 69.1% in the fourth quarter. Leavell Investment Management Inc. now owns 201,942 shares of the company’s stock worth $10,355,000 after acquiring an additional 82,495 shares in the last quarter. Finally, Kingswood Wealth Advisors LLC bought a new stake in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF in the third quarter worth about $327,000. Institutional investors own 76.06% of the company’s stock.

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

Shares of iShares 1-5 Year Investment Grade Corporate Bond ETF stock opened at $50.64 on Wednesday. iShares 1-5 Year Investment Grade Corporate Bond ETF has a 1 year low of $49.36 and a 1 year high of $51.53. The business has a 50-day moving average of $51.07 and a two-hundred day moving average of $50.72.

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

The company also recently disclosed a monthly dividend, which was paid on Friday, April 5th. Investors of record on Tuesday, April 2nd were issued a dividend of $0.1653 per share. The ex-dividend date of this dividend was Monday, April 1st. This represents a $1.98 dividend on an annualized basis and a dividend yield of 3.92%.

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.