Transcend Capital Advisors LLC Has $557,000 Stake in iShares 1-5 Year Investment Grade Corporate Bond ETF $IGSB

Transcend Capital Advisors LLC lowered its stake in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF (NASDAQ:IGSB) by 7.8% in the second quarter, according to its most recent 13F filing with the SEC. The fund owned 10,566 shares of the company’s stock after selling 897 shares during the period. Transcend Capital Advisors LLC’s holdings in iShares 1-5 Year Investment Grade Corporate Bond ETF were worth $557,000 as of its most recent SEC filing.

Other hedge funds have also added to or reduced their stakes in the company. Keystone Global Partners LLC boosted its stake in iShares 1-5 Year Investment Grade Corporate Bond ETF by 108.8% during the 2nd quarter. Keystone Global Partners LLC now owns 520,705 shares of the company’s stock valued at $27,000 after purchasing an additional 271,286 shares during the last quarter. Private Wealth Asset Management LLC acquired a new position in iShares 1-5 Year Investment Grade Corporate Bond ETF during the 2nd quarter valued at about $29,000. Thurston Springer Miller Herd & Titak Inc. acquired a new position in iShares 1-5 Year Investment Grade Corporate Bond ETF during the 2nd quarter valued at about $46,000. Valley Wealth Managers Inc. boosted its stake in iShares 1-5 Year Investment Grade Corporate Bond ETF by 64.6% during the 1st quarter. Valley Wealth Managers Inc. now owns 1,236 shares of the company’s stock valued at $65,000 after purchasing an additional 485 shares during the last quarter. Finally, Olde Wealth Management LLC purchased a new position in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF in the 1st quarter worth approximately $68,000. Institutional investors and hedge funds own 76.06% of the company’s stock.

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

Shares of NASDAQ IGSB opened at $53.18 on Wednesday. iShares 1-5 Year Investment Grade Corporate Bond ETF has a twelve month low of $51.39 and a twelve month high of $53.18. The stock’s 50 day moving average price is $53.00 and its 200-day moving average price is $52.61.

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

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

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.