Seven Mile Advisory Purchases Shares of 101,462 iShares 1-5 Year Investment Grade Corporate Bond ETF $IGSB

Seven Mile Advisory purchased a new position in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF (NASDAQ:IGSB) in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 101,462 shares of the company’s stock, valued at approximately $5,381,000.

Other large investors also recently modified their holdings of the company. Allstate Corp lifted its stake in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF by 41.0% in the 3rd quarter. Allstate Corp now owns 6,864,741 shares of the company’s stock valued at $364,037,000 after purchasing an additional 1,997,065 shares in the last quarter. Captrust Financial Advisors raised its holdings in iShares 1-5 Year Investment Grade Corporate Bond ETF by 5.8% in the second quarter. Captrust Financial Advisors now owns 4,205,973 shares of the company’s stock valued at $221,907,000 after buying an additional 230,312 shares during the period. JPMorgan Chase & Co. raised its holdings in iShares 1-5 Year Investment Grade Corporate Bond ETF by 20.4% in the third quarter. JPMorgan Chase & Co. now owns 3,466,237 shares of the company’s stock valued at $183,815,000 after buying an additional 586,487 shares during the period. Parkside Investments LLC lifted its position in iShares 1-5 Year Investment Grade Corporate Bond ETF by 18.6% during the third quarter. Parkside Investments LLC now owns 1,565,336 shares of the company’s stock valued at $83,010,000 after buying an additional 245,254 shares in the last quarter. Finally, Klaas Financial Asset Advisors LLC lifted its position in iShares 1-5 Year Investment Grade Corporate Bond ETF by 2.3% during the third quarter. Klaas Financial Asset Advisors LLC now owns 984,714 shares of the company’s stock valued at $52,219,000 after buying an additional 22,176 shares in the last quarter. 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 Down 0.4%

IGSB opened at $52.50 on Friday. iShares 1-5 Year Investment Grade Corporate Bond ETF has a 52-week low of $51.49 and a 52-week high of $53.25. The company has a 50 day moving average of $52.97 and a two-hundred day moving average of $52.96.

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

The firm also recently announced a monthly dividend, which was paid on Thursday, March 5th. Investors of record on Monday, March 2nd were issued a dividend of $0.1972 per share. The ex-dividend date was Monday, March 2nd. This represents a c) annualized dividend and a dividend yield of 4.5%.

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.