Union Savings Bank acquired a new stake in iShares 1-5 Year Investment Grade Corporate Bond ETF (NASDAQ:IGSB – Free Report) in the 4th quarter, Holdings Channel reports. The institutional investor acquired 16,032 shares of the company’s stock, valued at approximately $848,000.
Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Birchwood Financial Partners Inc. bought a new stake in iShares 1-5 Year Investment Grade Corporate Bond ETF in the 4th quarter worth $45,000. Strive Financial Group LLC purchased a new position in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF in the fourth quarter valued at about $1,246,000. City National Bank of Florida MSD increased its position in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF by 4.3% in the fourth quarter. City National Bank of Florida MSD now owns 38,133 shares of the company’s stock valued at $2,016,000 after acquiring an additional 1,587 shares during the period. Align Financial LLC bought a new position in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF during the fourth quarter valued at about $350,000. Finally, Captrust Financial Advisors raised its stake in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF by 6.1% during the fourth quarter. Captrust Financial Advisors now owns 4,838,714 shares of the company’s stock valued at $255,871,000 after acquiring an additional 276,694 shares during the last quarter. 76.06% of the stock is currently owned by institutional investors.
iShares 1-5 Year Investment Grade Corporate Bond ETF Stock Performance
iShares 1-5 Year Investment Grade Corporate Bond ETF stock opened at $52.30 on Friday. iShares 1-5 Year Investment Grade Corporate Bond ETF has a 1-year low of $52.12 and a 1-year high of $53.25. The firm has a 50-day moving average of $52.42 and a 200-day moving average of $52.70.
iShares 1-5 Year Investment Grade Corporate Bond ETF Increases Dividend
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.
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Want to see what other hedge funds are holding IGSB? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares 1-5 Year Investment Grade Corporate Bond ETF (NASDAQ:IGSB – Free Report).
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