Valley Wealth Managers Inc. Sells 341 Shares of iShares 1-5 Year Investment Grade Corporate Bond ETF (NASDAQ:IGSB)

Valley Wealth Managers Inc. lowered its stake in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF (NASDAQ:IGSB) by 31.2% in the third quarter, according to its most recent disclosure with the SEC. The fund owned 751 shares of the company’s stock after selling 341 shares during the period. Valley Wealth Managers Inc.’s holdings in iShares 1-5 Year Investment Grade Corporate Bond ETF were worth $40,000 as of its most recent filing with the SEC.

Other hedge funds have also made changes to their positions in the company. Haverford Trust Co raised its holdings in iShares 1-5 Year Investment Grade Corporate Bond ETF by 2.5% in the 3rd quarter. Haverford Trust Co now owns 1,932,071 shares of the company’s stock valued at $101,743,000 after acquiring an additional 47,794 shares in the last quarter. Prime Capital Investment Advisors LLC increased its position in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF by 21.2% during the third quarter. Prime Capital Investment Advisors LLC now owns 218,891 shares of the company’s stock valued at $11,527,000 after purchasing an additional 38,347 shares during the period. Nations Financial Group Inc. IA ADV raised its stake in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF by 7.8% in the third quarter. Nations Financial Group Inc. IA ADV now owns 72,361 shares of the company’s stock valued at $3,811,000 after purchasing an additional 5,225 shares in the last quarter. Kennebec Savings Bank bought a new position in iShares 1-5 Year Investment Grade Corporate Bond ETF in the third quarter worth $43,000. Finally, Leavell Investment Management Inc. boosted its stake in iShares 1-5 Year Investment Grade Corporate Bond ETF by 18.2% during the third quarter. Leavell Investment Management Inc. now owns 351,511 shares of the company’s stock worth $18,511,000 after buying an additional 54,035 shares in the last quarter. Institutional investors own 76.06% of the company’s stock.

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

Shares of iShares 1-5 Year Investment Grade Corporate Bond ETF stock opened at $51.81 on Friday. iShares 1-5 Year Investment Grade Corporate Bond ETF has a 52-week low of $50.19 and a 52-week high of $52.74. The company’s fifty day moving average price is $52.26 and its two-hundred day moving average price is $51.76.

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

The business also recently disclosed a monthly dividend, which was paid on Wednesday, November 6th. Stockholders of record on Friday, November 1st were paid a $0.1836 dividend. This is a positive change from iShares 1-5 Year Investment Grade Corporate Bond ETF’s previous monthly dividend of $0.18. This represents a $2.20 annualized dividend and a dividend yield of 4.25%. The ex-dividend date of this dividend was Friday, November 1st.

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.