JPMorgan Chase & Co. Buys 586,487 Shares of iShares 1-5 Year Investment Grade Corporate Bond ETF $IGSB

JPMorgan Chase & Co. boosted its stake in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF (NASDAQ:IGSB) by 20.4% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 3,466,237 shares of the company’s stock after buying an additional 586,487 shares during the quarter. JPMorgan Chase & Co.’s holdings in iShares 1-5 Year Investment Grade Corporate Bond ETF were worth $183,815,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Money Design Co. Ltd. grew its holdings in iShares 1-5 Year Investment Grade Corporate Bond ETF by 89.3% during the 2nd quarter. Money Design Co. Ltd. now owns 1,266,732 shares of the company’s stock worth $66,833,000 after acquiring an additional 597,669 shares during the period. Leavell Investment Management Inc. increased its stake in iShares 1-5 Year Investment Grade Corporate Bond ETF by 8.7% in the second quarter. Leavell Investment Management Inc. now owns 499,781 shares of the company’s stock valued at $26,368,000 after purchasing an additional 40,145 shares in the last quarter. Graybill Wealth Management LTD. raised its holdings in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF by 1.1% during the second quarter. Graybill Wealth Management LTD. now owns 86,270 shares of the company’s stock valued at $4,552,000 after purchasing an additional 936 shares during the period. Arkadios Wealth Advisors boosted its position in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF by 2.8% during the 2nd quarter. Arkadios Wealth Advisors now owns 36,564 shares of the company’s stock worth $1,929,000 after purchasing an additional 993 shares in the last quarter. Finally, NewSquare Capital LLC boosted its position in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF by 1.0% during the 2nd quarter. NewSquare Capital LLC now owns 648,331 shares of the company’s stock worth $34,206,000 after purchasing an additional 6,570 shares in the last quarter. Institutional investors and hedge funds own 76.06% of the company’s stock.

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

NASDAQ IGSB opened at $53.13 on Friday. The business has a 50 day moving average price of $52.96 and a 200-day moving average price 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 $53.18.

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

The firm also recently announced a monthly dividend, which was paid on Thursday, February 5th. Stockholders of record on Monday, February 2nd were given a dividend of $0.198 per share. The ex-dividend date of this dividend was Monday, February 2nd. This represents a c) annualized dividend and a dividend 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.