Bartlett & CO. Wealth Management LLC Trims Stock Position in iShares 1-5 Year Investment Grade Corporate Bond ETF $IGSB

Bartlett & CO. Wealth Management LLC cut its holdings in iShares 1-5 Year Investment Grade Corporate Bond ETF (NASDAQ:IGSB) by 4.3% during the 1st quarter, Holdings Channel reports. The firm owned 489,825 shares of the company’s stock after selling 22,191 shares during the period. Bartlett & CO. Wealth Management LLC’s holdings in iShares 1-5 Year Investment Grade Corporate Bond ETF were worth $25,703,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of IGSB. Marshall Wace LLP purchased a new stake in iShares 1-5 Year Investment Grade Corporate Bond ETF in the 2nd quarter valued at approximately $6,257,000. Gamco Investors INC. ET AL acquired a new stake in iShares 1-5 Year Investment Grade Corporate Bond ETF during the 2nd quarter valued at $393,000. BNP Paribas Financial Markets grew its holdings in iShares 1-5 Year Investment Grade Corporate Bond ETF by 37.9% during the 2nd quarter. BNP Paribas Financial Markets now owns 216,529 shares of the company’s stock valued at $11,424,000 after buying an additional 59,491 shares during the last quarter. Monograph Wealth Advisors LLC increased its position in iShares 1-5 Year Investment Grade Corporate Bond ETF by 11.8% during the second quarter. Monograph Wealth Advisors LLC now owns 515,522 shares of the company’s stock worth $27,199,000 after buying an additional 54,397 shares in the last quarter. Finally, Captrust Financial Advisors increased its position in iShares 1-5 Year Investment Grade Corporate Bond ETF by 5.8% during the second quarter. Captrust Financial Advisors now owns 4,205,973 shares of the company’s stock worth $221,907,000 after buying an additional 230,312 shares in the last quarter. 76.06% of the stock is owned by hedge funds and other institutional investors.

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

NASDAQ IGSB opened at $52.21 on Friday. iShares 1-5 Year Investment Grade Corporate Bond ETF has a fifty-two week low of $52.03 and a fifty-two week high of $53.25. The business has a fifty day moving average of $52.29 and a 200-day moving average of $52.61.

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

The business also recently disclosed a monthly dividend, which was paid on Tuesday, July 7th. Investors of record on Wednesday, July 1st were given a dividend of $0.2011 per share. The ex-dividend date was Wednesday, July 1st. This represents a c) dividend on an annualized basis and a yield of 4.6%. This is a boost from iShares 1-5 Year Investment Grade Corporate Bond ETF’s previous monthly dividend of $0.20.

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.