Kingswood Wealth Advisors LLC Lowers Stock Position in iShares 1-5 Year Investment Grade Corporate Bond ETF (NASDAQ:IGSB)

Kingswood Wealth Advisors LLC trimmed its holdings in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF (NASDAQ:IGSB) by 9.5% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 8,477 shares of the company’s stock after selling 888 shares during the quarter. Kingswood Wealth Advisors LLC’s holdings in iShares 1-5 Year Investment Grade Corporate Bond ETF were worth $434,000 as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of the business. Nations Financial Group Inc. IA ADV grew its position in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF by 0.4% in the 1st quarter. Nations Financial Group Inc. IA ADV now owns 64,071 shares of the company’s stock worth $3,286,000 after buying an additional 231 shares during the last quarter. SlateStone Wealth LLC grew its holdings in iShares 1-5 Year Investment Grade Corporate Bond ETF by 2.9% in the fourth quarter. SlateStone Wealth LLC now owns 8,860 shares of the company’s stock worth $454,000 after purchasing an additional 250 shares during the last quarter. ICA Group Wealth Management LLC acquired a new position in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF during the fourth quarter worth $25,000. Wellspring Financial Advisors LLC lifted its holdings in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF by 0.9% during the 4th quarter. Wellspring Financial Advisors LLC now owns 70,788 shares of the company’s stock valued at $3,630,000 after purchasing an additional 653 shares during the last quarter. Finally, Tidemark LLC acquired a new stake in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF in the 4th quarter worth $49,000. Institutional investors own 76.06% of the company’s stock.

iShares 1-5 Year Investment Grade Corporate Bond ETF Stock Down 0.1 %

IGSB stock traded down $0.06 on Wednesday, hitting $51.86. 4,812,350 shares of the company’s stock were exchanged, compared to its average volume of 2,806,219. The firm has a 50 day moving average price of $51.39 and a two-hundred day moving average price of $51.17. iShares 1-5 Year Investment Grade Corporate Bond ETF has a 12-month low of $49.36 and a 12-month high of $52.13.

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

The business also recently disclosed a monthly dividend, which was paid on Tuesday, August 6th. Stockholders of record on Thursday, August 1st were issued a dividend of $0.1761 per share. The ex-dividend date was Thursday, August 1st. This represents a $2.11 annualized dividend and a dividend yield of 4.07%.

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.