Bear Mountain Capital Inc. Takes $1.53 Million Position in iShares 1-5 Year Investment Grade Corporate Bond ETF (NASDAQ:IGSB)

Bear Mountain Capital Inc. acquired a new stake in iShares 1-5 Year Investment Grade Corporate Bond ETF (NASDAQ:IGSB) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 29,752 shares of the company’s stock, valued at approximately $1,526,000. iShares 1-5 Year Investment Grade Corporate Bond ETF makes up 0.6% of Bear Mountain Capital Inc.’s portfolio, making the stock its 23rd biggest position.

Other institutional investors and hedge funds have also made changes to their positions in the company. Massmutual Trust Co. FSB ADV lifted its position in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF by 2.8% in the third quarter. Massmutual Trust Co. FSB ADV now owns 14,395 shares of the company’s stock valued at $717,000 after acquiring an additional 387 shares in the last quarter. Graybill Wealth Management LTD. lifted its position in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF by 2.8% in the third quarter. Graybill Wealth Management LTD. now owns 61,346 shares of the company’s stock valued at $3,057,000 after acquiring an additional 1,649 shares in the last quarter. Arkadios Wealth Advisors lifted its position in iShares 1-5 Year Investment Grade Corporate Bond ETF by 26.2% during the fourth quarter. Arkadios Wealth Advisors now owns 19,580 shares of the company’s stock worth $1,004,000 after buying an additional 4,064 shares during the period. Sunbelt Securities Inc. lifted its position in iShares 1-5 Year Investment Grade Corporate Bond ETF by 12.4% during the third quarter. Sunbelt Securities Inc. now owns 8,994 shares of the company’s stock worth $448,000 after buying an additional 995 shares during the period. Finally, Leavell Investment Management Inc. lifted its position in iShares 1-5 Year Investment Grade Corporate Bond ETF by 69.1% during the fourth quarter. Leavell Investment Management Inc. now owns 201,942 shares of the company’s stock worth $10,355,000 after buying an additional 82,495 shares during the period. 76.06% of the stock is currently owned by hedge funds and other institutional investors.

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

NASDAQ IGSB traded up $0.05 during trading hours on Friday, hitting $50.81. 2,199,475 shares of the company’s stock were exchanged, compared to its average volume of 3,066,833. The business’s 50 day moving average is $51.09 and its 200-day moving average is $50.70. iShares 1-5 Year Investment Grade Corporate Bond ETF has a 12-month low of $49.36 and a 12-month high of $51.53.

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

The firm also recently announced a monthly dividend, which was paid on Friday, April 5th. Investors of record on Tuesday, April 2nd were given a dividend of $0.1653 per share. The ex-dividend date was Monday, April 1st. This represents a $1.98 annualized dividend and a yield of 3.90%.

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.