iShares 1-5 Year Investment Grade Corporate Bond ETF $IGSB Shares Purchased by CoreCap Advisors LLC

CoreCap Advisors LLC boosted its stake in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF (NASDAQ:IGSB) by 424.4% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 62,256 shares of the company’s stock after acquiring an additional 50,384 shares during the quarter. CoreCap Advisors LLC’s holdings in iShares 1-5 Year Investment Grade Corporate Bond ETF were worth $3,263,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of the stock. Marshall Wace LLP acquired a new stake in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF during the 2nd quarter worth approximately $6,257,000. Gamco Investors INC. ET AL acquired a new position in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF in the 2nd quarter valued at $393,000. BNP Paribas Financial Markets lifted its stake in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF by 37.9% in the 2nd quarter. BNP Paribas Financial Markets now owns 216,529 shares of the company’s stock valued at $11,424,000 after purchasing an additional 59,491 shares during the period. Monograph Wealth Advisors LLC boosted its holdings in iShares 1-5 Year Investment Grade Corporate Bond ETF by 11.8% during the second quarter. Monograph Wealth Advisors LLC now owns 515,522 shares of the company’s stock worth $27,199,000 after buying an additional 54,397 shares in the last quarter. Finally, Captrust Financial Advisors boosted its holdings in iShares 1-5 Year Investment Grade Corporate Bond ETF by 5.8% during the second quarter. Captrust Financial Advisors now owns 4,205,973 shares of the company’s stock worth $221,907,000 after buying an additional 230,312 shares in the last quarter. 76.06% of the stock is owned by institutional investors and hedge funds.

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

IGSB stock opened at $52.12 on Thursday. iShares 1-5 Year Investment Grade Corporate Bond ETF has a one year low of $51.97 and a one year high of $53.25. The firm’s fifty day moving average is $52.23 and its 200 day moving average is $52.53.

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

The company also recently announced a monthly dividend, which will be paid on Thursday, August 6th. Stockholders of record on Monday, August 3rd will be paid a dividend of $0.1981 per share. This represents a c) annualized dividend and a dividend yield of 4.6%. The ex-dividend date of this dividend is Monday, August 3rd.

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.