iShares 1-5 Year Investment Grade Corporate Bond ETF (NASDAQ:IGSB) Shares Purchased by Klaas Financial Asset Advisors LLC

Klaas Financial Asset Advisors LLC grew its position in iShares 1-5 Year Investment Grade Corporate Bond ETF (NASDAQ:IGSB) by 0.4% in the 1st quarter, Holdings Channel.com reports. The firm owned 950,228 shares of the company’s stock after buying an additional 3,992 shares during the period. iShares 1-5 Year Investment Grade Corporate Bond ETF makes up approximately 8.6% of Klaas Financial Asset Advisors LLC’s investment portfolio, making the stock its 3rd largest position. Klaas Financial Asset Advisors LLC’s holdings in iShares 1-5 Year Investment Grade Corporate Bond ETF were worth $49,763,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently made changes to their positions in the company. GAMMA Investing LLC boosted its position in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF by 5,137.5% during the first quarter. GAMMA Investing LLC now owns 2,514 shares of the company’s stock worth $132,000 after buying an additional 2,466 shares during the period. Parallel Advisors LLC increased its position in iShares 1-5 Year Investment Grade Corporate Bond ETF by 1.4% in the 4th quarter. Parallel Advisors LLC now owns 59,799 shares of the company’s stock valued at $3,092,000 after acquiring an additional 831 shares during the period. SBI Securities Co. Ltd. bought a new stake in iShares 1-5 Year Investment Grade Corporate Bond ETF during the 4th quarter valued at $36,000. JPMorgan Chase & Co. boosted its position in iShares 1-5 Year Investment Grade Corporate Bond ETF by 7.4% during the 4th quarter. JPMorgan Chase & Co. now owns 3,162,566 shares of the company’s stock worth $163,505,000 after acquiring an additional 218,036 shares during the period. Finally, Payden & Rygel acquired a new position in iShares 1-5 Year Investment Grade Corporate Bond ETF during the 4th quarter worth $12,404,000. Institutional investors and hedge funds own 76.06% of the company’s stock.

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

Shares of IGSB opened at $52.70 on Friday. iShares 1-5 Year Investment Grade Corporate Bond ETF has a one year low of $51.00 and a one year high of $52.74. The stock’s fifty day moving average is $52.28 and its 200-day moving average is $52.06.

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

The business also recently announced a monthly dividend, which was paid on Thursday, June 5th. Shareholders of record on Monday, June 2nd were paid a dividend of $0.1942 per share. The ex-dividend date was Monday, June 2nd. This represents a $2.33 annualized dividend and a yield of 4.42%.

About iShares 1-5 Year Investment Grade Corporate Bond ETF

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.