iShares 1-5 Year Investment Grade Corporate Bond ETF (NASDAQ:IGSB) Increases Dividend to $0.20 Per Share

iShares 1-5 Year Investment Grade Corporate Bond ETF (NASDAQ:IGSB) declared a monthly dividend on Tuesday, March 31st, NASDAQ Dividends reports. Stockholders of record on Wednesday, April 1st will be paid a dividend of 0.2045 per share on Tuesday, April 7th. This represents a c) dividend on an annualized basis and a dividend yield of 4.7%. The ex-dividend date is Wednesday, April 1st. This is a 3.7% increase 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 Price Performance

Shares of iShares 1-5 Year Investment Grade Corporate Bond ETF stock traded down $0.15 during midday trading on Wednesday, reaching $52.41. The company had a trading volume of 4,700,690 shares, compared to its average volume of 4,277,879. The stock has a fifty day moving average price of $52.85 and a 200 day moving average price of $52.92. iShares 1-5 Year Investment Grade Corporate Bond ETF has a fifty-two week low of $51.49 and a fifty-two week high of $53.25.

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.