Janney Montgomery Scott LLC Raises Stock Position in iShares 1-5 Year Investment Grade Corporate Bond ETF $IGSB

Janney Montgomery Scott LLC grew its position in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF (NASDAQ:IGSB) by 3.8% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 826,787 shares of the company’s stock after purchasing an additional 30,034 shares during the period. Janney Montgomery Scott LLC’s holdings in iShares 1-5 Year Investment Grade Corporate Bond ETF were worth $43,456,000 at the end of the most recent quarter.

A number of other large investors have also recently modified their holdings of IGSB. Aventura Private Wealth LLC bought a new position in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF in the fourth quarter worth approximately $34,000. Kohmann Bosshard Financial Services LLC bought a new stake in iShares 1-5 Year Investment Grade Corporate Bond ETF during the fourth quarter valued at approximately $39,000. Harbor Investment Advisory LLC lifted its position in iShares 1-5 Year Investment Grade Corporate Bond ETF by 142.9% during the fourth quarter. Harbor Investment Advisory LLC now owns 850 shares of the company’s stock valued at $45,000 after purchasing an additional 500 shares during the last quarter. Birchwood Financial Partners Inc. purchased a new position in iShares 1-5 Year Investment Grade Corporate Bond ETF in the 4th quarter worth approximately $45,000. Finally, Kelleher Financial Advisors purchased a new position in iShares 1-5 Year Investment Grade Corporate Bond ETF in the 3rd quarter worth approximately $51,000. Institutional investors own 76.06% of the company’s stock.

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

Shares of NASDAQ:IGSB opened at $52.46 on Monday. The company’s fifty day moving average price is $52.40 and its 200-day moving average price is $52.68. iShares 1-5 Year Investment Grade Corporate Bond ETF has a one year low of $52.12 and a one year high of $53.25.

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

The business also recently announced a monthly dividend, which was paid on Thursday, June 4th. Investors of record on Monday, June 1st were given a $0.1996 dividend. This represents a c) annualized dividend and a yield of 4.6%. This is a boost from iShares 1-5 Year Investment Grade Corporate Bond ETF’s previous monthly dividend of $0.20. The ex-dividend date was Monday, June 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.