Seven Mile Advisory Has $3.82 Million Stock Holdings in iShares 1-5 Year Investment Grade Corporate Bond ETF $IGSB

Seven Mile Advisory decreased its holdings in iShares 1-5 Year Investment Grade Corporate Bond ETF (NASDAQ:IGSB) by 28.7% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 72,296 shares of the company’s stock after selling 29,166 shares during the quarter. Seven Mile Advisory’s holdings in iShares 1-5 Year Investment Grade Corporate Bond ETF were worth $3,823,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also bought and sold shares of IGSB. Marshall Wace LLP acquired a new stake in iShares 1-5 Year Investment Grade Corporate Bond ETF in the 2nd quarter worth about $6,257,000. Gamco Investors INC. ET AL acquired a new stake in iShares 1-5 Year Investment Grade Corporate Bond ETF in the 2nd quarter worth about $393,000. BNP Paribas Financial Markets raised its stake in iShares 1-5 Year Investment Grade Corporate Bond ETF by 37.9% in the 2nd quarter. BNP Paribas Financial Markets now owns 216,529 shares of the company’s stock worth $11,424,000 after purchasing an additional 59,491 shares in the last quarter. Monograph Wealth Advisors LLC raised its stake in iShares 1-5 Year Investment Grade Corporate Bond ETF by 11.8% in the 2nd quarter. Monograph Wealth Advisors LLC now owns 515,522 shares of the company’s stock worth $27,199,000 after purchasing an additional 54,397 shares in the last quarter. Finally, Captrust Financial Advisors raised its stake in iShares 1-5 Year Investment Grade Corporate Bond ETF by 5.8% in the 2nd quarter. Captrust Financial Advisors now owns 4,205,973 shares of the company’s stock worth $221,907,000 after purchasing an additional 230,312 shares in the last quarter. Institutional investors and hedge funds own 76.06% of the company’s stock.

iShares 1-5 Year Investment Grade Corporate Bond ETF Stock Performance

Shares of iShares 1-5 Year Investment Grade Corporate Bond ETF stock opened at $52.34 on Monday. iShares 1-5 Year Investment Grade Corporate Bond ETF has a twelve month low of $52.12 and a twelve month high of $53.25. The company has a 50-day simple moving average of $52.44 and a two-hundred day simple moving average of $52.72.

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

The firm also recently disclosed a monthly dividend, which was paid on Thursday, June 4th. Shareholders of record on Monday, June 1st were paid a $0.1996 dividend. This is a positive change from iShares 1-5 Year Investment Grade Corporate Bond ETF’s previous monthly dividend of $0.20. The ex-dividend date was Monday, June 1st. This represents a c) annualized dividend and a yield of 4.6%.

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.