Janney Montgomery Scott LLC Grows Stock Position in iShares 1-5 Year Investment Grade Corporate Bond ETF $IGSB

Janney Montgomery Scott LLC raised its position in iShares 1-5 Year Investment Grade Corporate Bond ETF (NASDAQ:IGSB) by 3.8% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 826,787 shares of the company’s stock after buying an additional 30,034 shares during the quarter. Janney Montgomery Scott LLC owned about 0.20% of iShares 1-5 Year Investment Grade Corporate Bond ETF worth $43,456,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in the company. Burns J W & Co. Inc. NY increased its holdings in iShares 1-5 Year Investment Grade Corporate Bond ETF by 29.9% in the 1st quarter. Burns J W & Co. Inc. NY now owns 167,820 shares of the company’s stock worth $8,821,000 after acquiring an additional 38,652 shares during the last quarter. City of London Investment Management Co. Ltd. lifted its holdings in iShares 1-5 Year Investment Grade Corporate Bond ETF by 72.5% during the third quarter. City of London Investment Management Co. Ltd. now owns 23,427 shares of the company’s stock valued at $1,242,000 after purchasing an additional 9,850 shares during the last quarter. Seven Mile Advisory purchased a new stake in iShares 1-5 Year Investment Grade Corporate Bond ETF during the third quarter valued at about $5,381,000. IFP Advisors Inc boosted its position in iShares 1-5 Year Investment Grade Corporate Bond ETF by 4.7% during the third quarter. IFP Advisors Inc now owns 344,144 shares of the company’s stock worth $18,250,000 after purchasing an additional 15,495 shares during the period. Finally, Klaas Financial Asset Advisors LLC boosted its position in iShares 1-5 Year Investment Grade Corporate Bond ETF by 7.5% during the fourth quarter. Klaas Financial Asset Advisors LLC now owns 1,058,282 shares of the company’s stock worth $55,962,000 after purchasing an additional 73,568 shares during the period. Hedge funds and other institutional investors own 76.06% of the company’s stock.

iShares 1-5 Year Investment Grade Corporate Bond ETF Stock Performance

IGSB opened at $52.46 on Monday. The firm has a 50-day moving average price of $52.40 and a 200-day moving average price of $52.68. iShares 1-5 Year Investment Grade Corporate Bond ETF has a twelve month low of $52.12 and a twelve month high of $53.25.

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

The business also recently announced 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 is an increase from iShares 1-5 Year Investment Grade Corporate Bond ETF’s previous monthly dividend of $0.20. This represents a c) annualized dividend and a dividend yield of 4.6%. The ex-dividend date was Monday, June 1st.

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.