iShares 1-5 Year Investment Grade Corporate Bond ETF (NASDAQ:IGSB) Raises Dividend to $0.20 Per Share

iShares 1-5 Year Investment Grade Corporate Bond ETF (NASDAQ:IGSB) declared a monthly dividend on Tuesday, June 30th, NASDAQ Dividends reports. Shareholders of record on Wednesday, July 1st will be paid a dividend of 0.2011 per share on Tuesday, July 7th. This represents a c) annualized dividend and a yield of 4.6%. The ex-dividend date of this dividend is Wednesday, July 1st. This is a 0.7% increase 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 Stock Performance

Shares of NASDAQ:IGSB traded down $0.24 during trading on Wednesday, reaching $52.17. 3,746,221 shares of the company traded hands, compared to its average volume of 3,783,160. The company’s 50 day moving average is $52.39 and its two-hundred day moving average is $52.67. iShares 1-5 Year Investment Grade Corporate Bond ETF has a 52 week low of $52.12 and a 52 week high of $53.25.

About iShares 1-5 Year Investment Grade Corporate Bond ETF

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.