iShares 1-5 Year Investment Grade Corporate Bond ETF $IGSB is Mittelman Wealth Management’s 8th Largest Position

Mittelman Wealth Management lowered its position in iShares 1-5 Year Investment Grade Corporate Bond ETF (NASDAQ:IGSB) by 8.3% in the first quarter, according to the company in its most recent disclosure with the SEC. The firm owned 124,664 shares of the company’s stock after selling 11,230 shares during the period. iShares 1-5 Year Investment Grade Corporate Bond ETF comprises approximately 4.1% of Mittelman Wealth Management’s investment portfolio, making the stock its 8th biggest position. Mittelman Wealth Management’s holdings in iShares 1-5 Year Investment Grade Corporate Bond ETF were worth $6,552,000 at the end of the most recent quarter.

Several other hedge funds have also modified their holdings of IGSB. Captrust Financial Advisors increased its stake in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF by 6.1% in the 4th quarter. Captrust Financial Advisors now owns 4,838,714 shares of the company’s stock valued at $255,871,000 after purchasing an additional 276,694 shares in the last quarter. Williams Jones Wealth Management LLC. boosted its position in iShares 1-5 Year Investment Grade Corporate Bond ETF by 10.8% during the fourth quarter. Williams Jones Wealth Management LLC. now owns 1,741,769 shares of the company’s stock worth $92,105,000 after purchasing an additional 169,709 shares in the last quarter. Parkside Investments LLC grew its holdings in iShares 1-5 Year Investment Grade Corporate Bond ETF by 2.5% in the fourth quarter. Parkside Investments LLC now owns 1,605,056 shares of the company’s stock valued at $84,875,000 after purchasing an additional 39,720 shares during the period. One Capital Management LLC grew its holdings in iShares 1-5 Year Investment Grade Corporate Bond ETF by 7.4% in the fourth quarter. One Capital Management LLC now owns 1,375,500 shares of the company’s stock valued at $72,736,000 after purchasing an additional 95,046 shares during the period. Finally, RiverFront Investment Group LLC increased its position in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF by 212.1% in the fourth quarter. RiverFront Investment Group LLC now owns 1,368,310 shares of the company’s stock valued at $72,356,000 after buying an additional 929,944 shares in the last quarter. 76.06% of the stock is owned by hedge funds and other institutional investors.

iShares 1-5 Year Investment Grade Corporate Bond ETF Stock Up 0.0%

Shares of IGSB stock opened at $52.06 on Tuesday. The stock has a 50 day simple moving average of $52.26 and a 200-day simple moving average of $52.57. iShares 1-5 Year Investment Grade Corporate Bond ETF has a 1-year low of $51.97 and a 1-year high of $53.25.

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

The business also recently declared a monthly dividend, which was paid on Tuesday, July 7th. Investors of record on Wednesday, July 1st were issued a $0.2011 dividend. This represents a c) annualized dividend and a yield of 4.6%. The ex-dividend date of this dividend was Wednesday, July 1st. This is a boost from iShares 1-5 Year Investment Grade Corporate Bond ETF’s previous monthly dividend of $0.20.

About iShares 1-5 Year Investment Grade Corporate Bond ETF

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.