Whittier Trust Co. Reduces Stock Position in iShares 1-5 Year Investment Grade Corporate Bond ETF $IGSB

Whittier Trust Co. lowered its holdings in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF (NASDAQ:IGSB) by 1.0% in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 58,628 shares of the company’s stock after selling 581 shares during the quarter. Whittier Trust Co.’s holdings in iShares 1-5 Year Investment Grade Corporate Bond ETF were worth $3,093,000 as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of the business. Princeton Global Asset Management LLC boosted its holdings in iShares 1-5 Year Investment Grade Corporate Bond ETF by 0.6% during the 2nd quarter. Princeton Global Asset Management LLC now owns 50,805 shares of the company’s stock valued at $2,680,000 after acquiring an additional 318 shares during the period. Foster & Motley Inc. purchased a new stake in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF in the 2nd quarter worth $213,000. Private Wealth Asset Management LLC purchased a new stake in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF in the 2nd quarter worth $29,000. Equitable Trust Co. lifted its holdings in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF by 12.7% in the 2nd quarter. Equitable Trust Co. now owns 149,997 shares of the company’s stock worth $7,914,000 after buying an additional 16,924 shares during the period. Finally, DMC Group LLC lifted its holdings in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF by 27.2% in the 2nd quarter. DMC Group LLC now owns 72,261 shares of the company’s stock worth $3,812,000 after buying an additional 15,442 shares during the period. Hedge funds and other institutional investors own 76.06% of the company’s stock.

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

Shares of IGSB stock opened at $53.14 on Thursday. iShares 1-5 Year Investment Grade Corporate Bond ETF has a twelve month low of $51.39 and a twelve month high of $53.17. The stock has a fifty day simple moving average of $52.97 and a two-hundred day simple moving average of $52.57.

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

The company also recently announced a monthly dividend, which was paid on Monday, October 6th. Shareholders of record on Wednesday, October 1st were issued a $0.1987 dividend. This represents a c) annualized dividend and a dividend yield of 4.5%. The ex-dividend date was Wednesday, October 1st.

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.