IFP Advisors Inc Boosts Position in iShares 1-5 Year Investment Grade Corporate Bond ETF $IGSB

IFP Advisors Inc grew its holdings in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF (NASDAQ:IGSB) by 4.7% in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 344,144 shares of the company’s stock after purchasing an additional 15,495 shares during the quarter. IFP Advisors Inc owned approximately 0.08% of iShares 1-5 Year Investment Grade Corporate Bond ETF worth $18,250,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also added to or reduced their stakes in IGSB. Root Financial Partners LLC bought a new stake in iShares 1-5 Year Investment Grade Corporate Bond ETF during the third quarter valued at about $39,000. Kelleher Financial Advisors bought a new stake in iShares 1-5 Year Investment Grade Corporate Bond ETF during the third quarter valued at about $51,000. Highline Wealth Partners LLC purchased a new stake in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF during the third quarter worth about $53,000. Silicon Valley Capital Partners bought a new position in iShares 1-5 Year Investment Grade Corporate Bond ETF in the 2nd quarter worth approximately $73,000. Finally, High Note Wealth LLC boosted its position in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF by 2,174.7% during the third quarter. High Note Wealth LLC now owns 1,706 shares of the company’s stock worth $90,000 after acquiring an additional 1,631 shares during the last quarter. 76.06% of the stock is currently owned by institutional investors.

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

IGSB opened at $52.49 on Thursday. The firm has a 50-day simple moving average of $52.94 and a two-hundred day simple moving average of $52.95. iShares 1-5 Year Investment Grade Corporate Bond ETF has a 52 week low of $51.49 and a 52 week high of $53.25.

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

The firm also recently declared a monthly dividend, which was paid on Thursday, March 5th. Investors of record on Monday, March 2nd were paid a dividend of $0.1972 per share. The ex-dividend date of this dividend was Monday, March 2nd. This represents a c) dividend on an annualized basis and a yield of 4.5%.

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.