Abbrea Capital LLC Reduces Stake in iShares 1-5 Year Investment Grade Corporate Bond ETF (NASDAQ:IGSB)

Abbrea Capital LLC lowered its holdings in iShares 1-5 Year Investment Grade Corporate Bond ETF (NASDAQ:IGSB) by 0.9% during the second quarter, according to the company in its most recent filing with the SEC. The fund owned 55,476 shares of the company’s stock after selling 500 shares during the quarter. Abbrea Capital LLC’s holdings in iShares 1-5 Year Investment Grade Corporate Bond ETF were worth $2,843,000 at the end of the most recent reporting period.

Other hedge funds have also made changes to their positions in the company. Cambridge Investment Research Advisors Inc. grew its stake in iShares 1-5 Year Investment Grade Corporate Bond ETF by 18.6% during the 4th quarter. Cambridge Investment Research Advisors Inc. now owns 217,249 shares of the company’s stock worth $11,139,000 after buying an additional 34,147 shares during the last quarter. Wellspring Financial Advisors LLC lifted its position in 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 worth $3,630,000 after acquiring an additional 653 shares during the period. Clearbridge Investments LLC lifted its position in iShares 1-5 Year Investment Grade Corporate Bond ETF by 42.2% during the 4th quarter. Clearbridge Investments LLC now owns 7,119 shares of the company’s stock worth $365,000 after acquiring an additional 2,113 shares during the period. Parkside Investments LLC lifted its position in iShares 1-5 Year Investment Grade Corporate Bond ETF by 15.0% during the 2nd quarter. Parkside Investments LLC now owns 695,665 shares of the company’s stock worth $35,646,000 after acquiring an additional 90,930 shares during the period. Finally, Gradient Capital Advisors LLC lifted its position in iShares 1-5 Year Investment Grade Corporate Bond ETF by 9.6% during the 1st quarter. Gradient Capital Advisors LLC now owns 48,296 shares of the company’s stock worth $2,477,000 after acquiring an additional 4,230 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 Price Performance

IGSB opened at $52.52 on Friday. The business has a 50 day simple moving average of $51.95 and a 200-day simple moving average of $51.37. iShares 1-5 Year Investment Grade Corporate Bond ETF has a 12 month low of $49.36 and a 12 month high of $52.57.

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

The firm also recently declared a dividend, which was paid on Friday, September 6th. Stockholders of record on Tuesday, September 3rd were issued a $0.1782 dividend. The ex-dividend date was Tuesday, September 3rd.

iShares 1-5 Year Investment Grade Corporate Bond ETF Company 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.