Mittelman Wealth Management Lowers Position in iShares 1-5 Year Investment Grade Corporate Bond ETF $IGSB

Mittelman Wealth Management decreased its holdings in iShares 1-5 Year Investment Grade Corporate Bond ETF (NASDAQ:IGSB) by 8.3% in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 124,664 shares of the company’s stock after selling 11,230 shares during the quarter. iShares 1-5 Year Investment Grade Corporate Bond ETF comprises about 4.1% of Mittelman Wealth Management’s portfolio, making the stock its 8th biggest position. Mittelman Wealth Management’s holdings in iShares 1-5 Year Investment Grade Corporate Bond ETF were worth $6,552,000 at the end of the most recent quarter.

Several other large investors also recently bought and sold shares of the stock. Kohmann Bosshard Financial Services LLC purchased a new position in iShares 1-5 Year Investment Grade Corporate Bond ETF during the 4th quarter worth approximately $39,000. Birchwood Financial Partners Inc. purchased a new stake in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF in the 4th quarter valued at $45,000. Kelleher Financial Advisors acquired a new stake in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF in the third quarter worth $51,000. Ares Financial Consulting LLC acquired a new stake in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF in the fourth quarter worth $58,000. Finally, Thompson Investment Management Inc. increased its stake in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF by 33.7% in the fourth quarter. Thompson Investment Management Inc. now owns 1,111 shares of the company’s stock worth $59,000 after acquiring an additional 280 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 Trading Up 0.0%

NASDAQ IGSB opened at $52.06 on Tuesday. The stock has a 50-day simple moving average of $52.26 and a two-hundred day simple moving average of $52.57. iShares 1-5 Year Investment Grade Corporate Bond ETF has a fifty-two week low of $51.97 and a fifty-two week high of $53.25.

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

The business also recently declared a monthly dividend, which was paid on Tuesday, July 7th. Investors of record on Wednesday, July 1st were given a dividend of $0.2011 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 yield of 4.6%. The ex-dividend date was Wednesday, July 1st.

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.