Burns J W & Co. Inc. NY Sells 2,450 Shares of iShares 1-5 Year Investment Grade Corporate Bond ETF (NASDAQ:IGSB)

Burns J W & Co. Inc. NY reduced its stake in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF (NASDAQ:IGSB) by 4.4% during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 53,312 shares of the company’s stock after selling 2,450 shares during the quarter. Burns J W & Co. Inc. NY’s holdings in iShares 1-5 Year Investment Grade Corporate Bond ETF were worth $2,734,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of IGSB. ICA Group Wealth Management LLC acquired a new stake in iShares 1-5 Year Investment Grade Corporate Bond ETF during the fourth quarter worth about $25,000. Headinvest LLC acquired a new stake in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF during the 3rd quarter worth approximately $33,000. Tidemark LLC acquired a new stake in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF during the 4th quarter worth approximately $49,000. Life Planning Partners Inc acquired a new position in iShares 1-5 Year Investment Grade Corporate Bond ETF during the fourth quarter valued at approximately $111,000. Finally, Future Financial Wealth Managment LLC bought a new stake in iShares 1-5 Year Investment Grade Corporate Bond ETF during the first quarter worth $142,000. Institutional investors own 76.06% of the company’s stock.

iShares 1-5 Year Investment Grade Corporate Bond ETF Trading Down 0.0 %

Shares of IGSB stock traded down $0.02 during trading hours on Friday, reaching $51.24. The company’s stock had a trading volume of 2,817,108 shares, compared to its average volume of 2,961,078. iShares 1-5 Year Investment Grade Corporate Bond ETF has a fifty-two week low of $49.36 and a fifty-two week high of $51.53. The firm’s 50 day simple moving average is $51.07 and its 200-day simple moving average is $51.09.

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

The firm also recently disclosed a monthly dividend, which was paid on Friday, June 7th. Investors of record on Monday, June 3rd were paid a $0.1744 dividend. This represents a $2.09 annualized dividend and a yield of 4.08%. The ex-dividend date of this dividend was Monday, June 3rd.

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.