Burns J W & Co. Inc. NY Purchases 38,652 Shares of iShares 1-5 Year Investment Grade Corporate Bond ETF $IGSB

Burns J W & Co. Inc. NY lifted its holdings in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF (NASDAQ:IGSB) by 29.9% in the first quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 167,820 shares of the company’s stock after buying an additional 38,652 shares during the period. iShares 1-5 Year Investment Grade Corporate Bond ETF comprises about 1.0% of Burns J W & Co. Inc. NY’s portfolio, making the stock its 26th biggest holding. Burns J W & Co. Inc. NY’s holdings in iShares 1-5 Year Investment Grade Corporate Bond ETF were worth $8,821,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of IGSB. RiverFront Investment Group LLC lifted its stake in iShares 1-5 Year Investment Grade Corporate Bond ETF by 212.1% in the 4th quarter. RiverFront Investment Group LLC now owns 1,368,310 shares of the company’s stock valued at $72,356,000 after purchasing an additional 929,944 shares during the last quarter. Captrust Financial Advisors increased its holdings in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF by 8.5% during the third quarter. Captrust Financial Advisors now owns 4,562,020 shares of the company’s stock worth $241,924,000 after buying an additional 356,047 shares in the last quarter. Sumitomo Mitsui Trust Group Inc. increased its holdings in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF by 41.4% during the fourth quarter. Sumitomo Mitsui Trust Group Inc. now owns 1,094,500 shares of the company’s stock worth $57,877,000 after buying an additional 320,500 shares in the last quarter. Ameriprise Financial Inc. increased its holdings in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF by 2.0% during the third quarter. Ameriprise Financial Inc. now owns 13,162,203 shares of the company’s stock worth $702,693,000 after buying an additional 264,198 shares in the last quarter. Finally, Parkside Investments LLC lifted its stake in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF by 18.6% in the 3rd quarter. Parkside Investments LLC now owns 1,565,336 shares of the company’s stock valued at $83,010,000 after acquiring an additional 245,254 shares during the last quarter. 76.06% of the stock is owned by institutional investors and hedge funds.

iShares 1-5 Year Investment Grade Corporate Bond ETF Trading Up 0.1%

iShares 1-5 Year Investment Grade Corporate Bond ETF stock opened at $52.28 on Wednesday. The stock has a 50-day moving average price of $52.41 and a two-hundred day moving average price of $52.69. iShares 1-5 Year Investment Grade Corporate Bond ETF has a 12 month low of $52.12 and a 12 month high of $53.25.

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

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

iShares 1-5 Year Investment Grade Corporate Bond ETF Company 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.