Jackson Wealth Management LLC Invests $3.72 Million in iShares Short-Term Corporate Bond ETF (IGSB)

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Jackson Wealth Management LLC purchased a new position in iShares Short-Term Corporate Bond ETF (NYSEARCA:IGSB) during the first quarter, Holdings Channel reports. The institutional investor purchased 70,419 shares of the company’s stock, valued at approximately $3,720,000.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. Focused Wealth Management Inc acquired a new position in shares of iShares Short-Term Corporate Bond ETF in the 1st quarter worth approximately $26,000. Sandy Spring Bank acquired a new position in shares of iShares Short-Term Corporate Bond ETF in the 1st quarter worth approximately $26,000. Interactive Financial Advisors acquired a new position in shares of iShares Short-Term Corporate Bond ETF in the 1st quarter worth approximately $29,000. Wrapmanager Inc. lifted its position in shares of iShares Short-Term Corporate Bond ETF by 3.1% in the 1st quarter. Wrapmanager Inc. now owns 18,080 shares of the company’s stock worth $955,000 after purchasing an additional 548 shares during the period. Finally, Rehmann Capital Advisory Group acquired a new position in shares of iShares Short-Term Corporate Bond ETF in the 4th quarter worth approximately $29,000.

Shares of NYSEARCA IGSB traded up $0.02 during midday trading on Monday, reaching $52.83. The stock had a trading volume of 2,131,199 shares, compared to its average volume of 1,340,182. iShares Short-Term Corporate Bond ETF has a twelve month low of $51.32 and a twelve month high of $52.91.

The business also recently disclosed a monthly dividend, which was paid on Tuesday, May 7th. Stockholders of record on Thursday, May 2nd were paid a $0.138 dividend. The ex-dividend date was Wednesday, May 1st. This represents a $1.66 annualized dividend and a dividend yield of 3.14%.

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Want to see what other hedge funds are holding IGSB? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Short-Term Corporate Bond ETF (NYSEARCA:IGSB).

Institutional Ownership by Quarter for iShares Short-Term Corporate Bond ETF (NYSEARCA:IGSB)

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