Essential Partners LLC Invests $803,000 in iShares 1-5 Year Investment Grade Corporate Bond ETF $IGSB

Essential Partners LLC bought a new stake in iShares 1-5 Year Investment Grade Corporate Bond ETF (NASDAQ:IGSB) in the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 15,283 shares of the company’s stock, valued at approximately $803,000.

Other hedge funds have also modified their holdings of the company. Burns J W & Co. Inc. NY lifted its holdings in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF by 29.9% during the first quarter. Burns J W & Co. Inc. NY now owns 167,820 shares of the company’s stock worth $8,821,000 after purchasing an additional 38,652 shares during the period. Prime Capital Investment Advisors LLC increased its holdings in iShares 1-5 Year Investment Grade Corporate Bond ETF by 1.9% in the fourth quarter. Prime Capital Investment Advisors LLC now owns 554,652 shares of the company’s stock valued at $29,330,000 after purchasing an additional 10,346 shares during the period. Klaas Financial Asset Advisors LLC raised its position in iShares 1-5 Year Investment Grade Corporate Bond ETF by 7.5% during the 4th quarter. Klaas Financial Asset Advisors LLC now owns 1,058,282 shares of the company’s stock worth $55,962,000 after purchasing an additional 73,568 shares during the last quarter. Oak Family Advisors LLC raised its position in iShares 1-5 Year Investment Grade Corporate Bond ETF by 277.0% during the 4th quarter. Oak Family Advisors LLC now owns 83,800 shares of the company’s stock worth $4,431,000 after purchasing an additional 61,574 shares during the last quarter. Finally, Grey Ledge Advisors LLC lifted its holdings in iShares 1-5 Year Investment Grade Corporate Bond ETF by 16.9% during the 4th quarter. Grey Ledge Advisors LLC now owns 96,102 shares of the company’s stock worth $5,082,000 after buying an additional 13,876 shares during the period. 76.06% of the stock is currently owned by hedge funds and other institutional investors.

iShares 1-5 Year Investment Grade Corporate Bond ETF Trading Up 0.1%

NASDAQ IGSB opened at $52.18 on Friday. The business’s 50-day moving average price is $52.25 and its two-hundred day moving average price is $52.55. iShares 1-5 Year Investment Grade Corporate Bond ETF has a 12 month low of $51.97 and a 12 month high of $53.25.

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 paid a $0.2011 dividend. This is an increase from iShares 1-5 Year Investment Grade Corporate Bond ETF’s previous monthly dividend of $0.20. This represents a c) dividend on an annualized basis and a dividend yield of 4.6%. The ex-dividend date of this dividend was Wednesday, July 1st.

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.