iShares 1-5 Year Investment Grade Corporate Bond ETF $IGSB Shares Sold by Capital Investment Services of America Inc.

Capital Investment Services of America Inc. decreased its holdings in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF (NASDAQ:IGSB) by 57.9% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 113,677 shares of the company’s stock after selling 156,392 shares during the period. Capital Investment Services of America Inc.’s holdings in iShares 1-5 Year Investment Grade Corporate Bond ETF were worth $5,824,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in IGSB. Parallel Advisors LLC raised its stake in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF by 129.0% during the 1st quarter. Parallel Advisors LLC now owns 655,468 shares of the company’s stock worth $34,451,000 after buying an additional 369,284 shares in the last quarter. Monograph Wealth Advisors LLC boosted its stake in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF by 12.7% in the first quarter. Monograph Wealth Advisors LLC now owns 636,594 shares of the company’s stock valued at $33,459,000 after buying an additional 71,550 shares in the last quarter. Bank of New York Mellon Corp boosted its stake in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF by 17.2% in the first quarter. Bank of New York Mellon Corp now owns 519,996 shares of the company’s stock valued at $27,331,000 after buying an additional 76,230 shares in the last quarter. Strategic Investment Advisors MI boosted its stake in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF by 21.1% in the first quarter. Strategic Investment Advisors MI now owns 433,264 shares of the company’s stock valued at $22,774,000 after buying an additional 75,616 shares in the last quarter. Finally, Affinity Wealth LLC grew its holdings in iShares 1-5 Year Investment Grade Corporate Bond ETF by 2.8% during the second quarter. Affinity Wealth LLC now owns 252,844 shares of the company’s stock worth $13,252,000 after acquiring an additional 6,977 shares during the period. Institutional investors and hedge funds own 76.06% of the company’s stock.

iShares 1-5 Year Investment Grade Corporate Bond ETF Stock Up 0.3%

Shares of IGSB stock opened at $51.53 on Thursday. The business’s fifty day moving average price is $51.49 and its 200 day moving average price is $52.24. iShares 1-5 Year Investment Grade Corporate Bond ETF has a 1-year low of $50.97 and a 1-year high of $53.25.

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

The business also recently announced a monthly dividend, which will be paid on Thursday, November 5th. Shareholders of record on Monday, November 2nd will be given a dividend of $0.2043 per share. This represents a $2.45 annualized dividend and a dividend yield of 4.8%. The ex-dividend date is Monday, November 2nd. This is an increase from iShares 1-5 Year Investment Grade Corporate Bond ETF’s previous monthly dividend of $0.2037.

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.