NBT Bank N.A. Buys New Stake in iShares 1-5 Year Investment Grade Corporate Bond ETF $IGSB

NBT Bank N.A. purchased a new position in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF (NASDAQ:IGSB – Free Report) during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 237,962 shares of the company’s stock, valued at approximately $12,191,000. NBT Bank N.A. owned about 0.05% of iShares 1-5 Year Investment Grade Corporate Bond ETF as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of IGSB. Fiduciary Alliance LLC lifted its stake in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF by 2.4% in the 1st quarter. Fiduciary Alliance LLC now owns 13,150 shares of the company’s stock valued at $692,000 after purchasing an additional 310 shares during the last quarter. Pinnacle Wealth Management Advisory Group LLC increased its position in iShares 1-5 Year Investment Grade Corporate Bond ETF by 14.9% during the second quarter. Pinnacle Wealth Management Advisory Group LLC now owns 4,825 shares of the company’s stock worth $253,000 after buying an additional 625 shares during the last quarter. First Horizon Corp increased its position in iShares 1-5 Year Investment Grade Corporate Bond ETF by 19.6% during the first quarter. First Horizon Corp now owns 3,963 shares of the company’s stock worth $208,000 after buying an additional 649 shares during the last quarter. Cornerstone Planning Group LLC raised its holdings in iShares 1-5 Year Investment Grade Corporate Bond ETF by 243.5% during the first quarter. Cornerstone Planning Group LLC now owns 1,271 shares of the company’s stock valued at $67,000 after buying an additional 901 shares in the last quarter. Finally, Aventus Investment Advisors Inc. raised its holdings in iShares 1-5 Year Investment Grade Corporate Bond ETF by 1.0% during the third quarter. Aventus Investment Advisors Inc. now owns 100,911 shares of the company’s stock valued at $5,170,000 after buying an additional 1,016 shares in the last quarter. Institutional investors own 76.06% of the company’s stock.

iShares 1-5 Year Investment Grade Corporate Bond ETF Stock Up 0.4%

Shares of NASDAQ:IGSB opened at $51.52 on Friday. iShares 1-5 Year Investment Grade Corporate Bond ETF has a fifty-two week low of $50.97 and a fifty-two week high of $53.25. The business has a 50-day moving average of $51.60 and a two-hundred day moving average of $52.07.

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

The business also recently disclosed a monthly dividend, which was paid on Tuesday, October 6th. Investors of record on Thursday, October 1st were paid a $0.2037 dividend. This represents a $2.44 dividend on an annualized basis and a dividend yield of 4.7%. The ex-dividend date of this dividend was Thursday, October 1st. This is a positive change from iShares 1-5 Year Investment Grade Corporate Bond ETF’s previous monthly dividend of $0.2020.

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.

Further Reading

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

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