Private Trust Co. NA Raises Stock Position in iShares 1-5 Year Investment Grade Corporate Bond ETF (NASDAQ:IGSB)

Private Trust Co. NA grew its holdings in iShares 1-5 Year Investment Grade Corporate Bond ETF (NASDAQ:IGSB) by 197.0% during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 7,668 shares of the company’s stock after acquiring an additional 5,086 shares during the period. Private Trust Co. NA’s holdings in iShares 1-5 Year Investment Grade Corporate Bond ETF were worth $404,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also recently made changes to their positions in the business. West Michigan Advisors LLC lifted its holdings in iShares 1-5 Year Investment Grade Corporate Bond ETF by 4.4% in the 3rd quarter. West Michigan Advisors LLC now owns 6,371 shares of the company’s stock worth $335,000 after purchasing an additional 266 shares in the last quarter. YHB Investment Advisors Inc. lifted its holdings in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF by 0.8% in the second quarter. YHB Investment Advisors Inc. now owns 42,241 shares of the company’s stock worth $2,164,000 after buying an additional 349 shares in the last quarter. Pinkerton Retirement Specialists LLC boosted its position in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF by 0.5% during the second quarter. Pinkerton Retirement Specialists LLC now owns 92,241 shares of the company’s stock worth $4,726,000 after acquiring an additional 414 shares during the last quarter. Burns J W & Co. Inc. NY grew its stake in iShares 1-5 Year Investment Grade Corporate Bond ETF by 0.8% during the third quarter. Burns J W & Co. Inc. NY now owns 52,367 shares of the company’s stock valued at $2,758,000 after acquiring an additional 415 shares in the last quarter. Finally, Parallel Advisors LLC grew its stake in iShares 1-5 Year Investment Grade Corporate Bond ETF by 0.7% during the second quarter. Parallel Advisors LLC now owns 60,305 shares of the company’s stock valued at $3,090,000 after acquiring an additional 419 shares in the last quarter. Institutional investors own 76.06% of the company’s stock.

iShares 1-5 Year Investment Grade Corporate Bond ETF Trading Up 0.1 %

Shares of IGSB stock opened at $52.04 on Thursday. The company’s fifty day simple moving average is $52.15 and its two-hundred day simple moving average is $51.82. iShares 1-5 Year Investment Grade Corporate Bond ETF has a 52 week low of $50.42 and a 52 week high of $52.74.

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

The company also recently announced a monthly dividend, which was paid on Wednesday, November 6th. Investors of record on Friday, November 1st were given a $0.1836 dividend. This is an increase from iShares 1-5 Year Investment Grade Corporate Bond ETF’s previous monthly dividend of $0.18. This represents a $2.20 dividend on an annualized basis and a dividend yield of 4.23%. The ex-dividend date of this dividend was Friday, November 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.