47,399 iShares 1-5 Year Investment Grade Corporate Bond ETF $IGSB Shares Sold by Miller Global Investments LLC

Miller Global Investments LLC lessened its position in iShares 1-5 Year Investment Grade Corporate Bond ETF (NASDAQ:IGSB) by 91.1% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 4,632 shares of the company’s stock after selling 47,399 shares during the quarter. Miller Global Investments LLC’s holdings in iShares 1-5 Year Investment Grade Corporate Bond ETF were worth $237,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds also recently made changes to their positions in the company. Cornerstone Planning Group LLC raised its holdings in iShares 1-5 Year Investment Grade Corporate Bond ETF by 243.5% in the first quarter. Cornerstone Planning Group LLC now owns 1,271 shares of the company’s stock worth $67,000 after purchasing an additional 901 shares in the last quarter. Main Street Group LTD purchased a new position in iShares 1-5 Year Investment Grade Corporate Bond ETF during the first quarter valued at $105,000. Highland Investment Advisors LLC bought a new stake in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF during the 2nd quarter valued at $141,000. Continuum Advisory LLC bought a new stake in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF during the 2nd quarter valued at $167,000. Finally, Bogart Wealth LLC grew its position in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF by 161.4% in the 1st quarter. Bogart Wealth LLC now owns 3,239 shares of the company’s stock worth $170,000 after buying an additional 2,000 shares during the period. 76.06% of the stock is currently owned by institutional investors.

iShares 1-5 Year Investment Grade Corporate Bond ETF Stock Down 0.1%

Shares of iShares 1-5 Year Investment Grade Corporate Bond ETF stock traded down $0.05 during trading on Friday, hitting $51.07. The company’s stock had a trading volume of 4,646,209 shares, compared to its average volume of 3,653,397. iShares 1-5 Year Investment Grade Corporate Bond ETF has a 52 week low of $50.97 and a 52 week high of $53.25. The company has a fifty day simple moving average of $51.85 and a two-hundred day simple moving average of $52.19.

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

The firm also recently announced a monthly dividend, which will be paid on Tuesday, October 6th. Shareholders of record on Thursday, October 1st will be paid a dividend of $0.2037 per share. This is a positive change from iShares 1-5 Year Investment Grade Corporate Bond ETF’s previous monthly dividend of $0.2020. This represents a $2.44 dividend on an annualized basis and a dividend yield of 4.8%. The ex-dividend date of this dividend is Thursday, October 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.