iShares 1-5 Year Investment Grade Corporate Bond ETF $IGSB is One Capital Management LLC’s 8th Largest Position

One Capital Management LLC increased its stake in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF (NASDAQ:IGSB) by 7.4% in the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 1,375,500 shares of the company’s stock after purchasing an additional 95,046 shares during the period. iShares 1-5 Year Investment Grade Corporate Bond ETF makes up approximately 2.2% of One Capital Management LLC’s investment portfolio, making the stock its 8th largest position. One Capital Management LLC owned 0.34% of iShares 1-5 Year Investment Grade Corporate Bond ETF worth $72,736,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in IGSB. Cary Street Partners Financial LLC increased its stake in iShares 1-5 Year Investment Grade Corporate Bond ETF by 32.2% during the third quarter. Cary Street Partners Financial LLC now owns 222,938 shares of the company’s stock worth $11,822,000 after purchasing an additional 54,299 shares during the period. Rothschild Investment LLC increased its stake in iShares 1-5 Year Investment Grade Corporate Bond ETF by 5.9% during the third quarter. Rothschild Investment LLC now owns 189,417 shares of the company’s stock worth $10,045,000 after purchasing an additional 10,593 shares during the period. JPMorgan Chase & Co. increased its stake in iShares 1-5 Year Investment Grade Corporate Bond ETF by 20.4% during the third quarter. JPMorgan Chase & Co. now owns 3,466,237 shares of the company’s stock worth $183,815,000 after purchasing an additional 586,487 shares during the period. City of London Investment Management Co. Ltd. increased its stake in iShares 1-5 Year Investment Grade Corporate Bond ETF by 72.5% during the third quarter. City of London Investment Management Co. Ltd. now owns 23,427 shares of the company’s stock worth $1,242,000 after purchasing an additional 9,850 shares during the period. Finally, IFP Advisors Inc increased its stake in iShares 1-5 Year Investment Grade Corporate Bond ETF by 4.7% during the third quarter. IFP Advisors Inc now owns 344,144 shares of the company’s stock worth $18,250,000 after purchasing an additional 15,495 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 Down 0.5%

iShares 1-5 Year Investment Grade Corporate Bond ETF stock opened at $52.30 on Tuesday. iShares 1-5 Year Investment Grade Corporate Bond ETF has a 52-week low of $52.12 and a 52-week high of $53.25. The company’s 50 day moving average is $52.46 and its two-hundred day moving average is $52.76.

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

The firm also recently announced a monthly dividend, which will be paid on Thursday, June 4th. Shareholders of record on Monday, June 1st will be issued a dividend of $0.1996 per share. This is a boost from iShares 1-5 Year Investment Grade Corporate Bond ETF’s previous monthly dividend of $0.20. The ex-dividend date is Monday, June 1st. This represents a c) dividend on an annualized basis and a yield of 4.6%.

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.