Union Savings Bank Makes New $848,000 Investment in iShares 1-5 Year Investment Grade Corporate Bond ETF $IGSB

Union Savings Bank acquired a new stake in iShares 1-5 Year Investment Grade Corporate Bond ETF (NASDAQ:IGSBFree 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

The firm also recently declared a monthly dividend, which was paid on Thursday, June 4th. Shareholders of record on Monday, June 1st were given a dividend of $0.1996 per share. This represents a c) dividend on an annualized basis and a yield of 4.6%. The ex-dividend date of this dividend was Monday, June 1st. This is a positive change from iShares 1-5 Year Investment Grade Corporate Bond ETF’s previous monthly dividend of $0.20.

iShares 1-5 Year Investment Grade Corporate Bond ETF Profile

(Free Report)

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.

See Also

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:IGSBFree Report).

Institutional Ownership by Quarter for iShares 1-5 Year Investment Grade Corporate Bond ETF (NASDAQ:IGSB)

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