iShares 1-5 Year Investment Grade Corporate Bond ETF $IGSB Stake Raised by JPMorgan Chase & Co.

JPMorgan Chase & Co. lifted its holdings in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF (NASDAQ:IGSB) by 2.4% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 2,879,750 shares of the company’s stock after buying an additional 68,059 shares during the period. JPMorgan Chase & Co. owned approximately 0.70% of iShares 1-5 Year Investment Grade Corporate Bond ETF worth $151,936,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in IGSB. Ameriprise Financial Inc. raised its stake in iShares 1-5 Year Investment Grade Corporate Bond ETF by 3.9% during the 1st quarter. Ameriprise Financial Inc. now owns 13,777,629 shares of the company’s stock valued at $729,411,000 after acquiring an additional 511,064 shares in the last quarter. Allstate Corp increased its holdings in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF by 0.8% during the first quarter. Allstate Corp now owns 4,149,335 shares of the company’s stock valued at $217,301,000 after purchasing an additional 33,279 shares during the period. Parkside Investments LLC raised its stake in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF by 26.4% during the second quarter. Parkside Investments LLC now owns 1,320,082 shares of the company’s stock valued at $69,648,000 after purchasing an additional 275,996 shares in the last quarter. Money Design Co. Ltd. raised its stake in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF by 89.3% during the second quarter. Money Design Co. Ltd. now owns 1,266,732 shares of the company’s stock valued at $66,833,000 after purchasing an additional 597,669 shares in the last quarter. Finally, Klaas Financial Asset Advisors LLC lifted its holdings in iShares 1-5 Year Investment Grade Corporate Bond ETF by 1.3% in the second quarter. Klaas Financial Asset Advisors LLC now owns 962,538 shares of the company’s stock worth $50,784,000 after purchasing an additional 12,310 shares during the period. 76.06% of the stock is currently owned by institutional investors and hedge funds.

iShares 1-5 Year Investment Grade Corporate Bond ETF Trading Up 0.1%

Shares of IGSB opened at $53.13 on Thursday. The firm has a 50-day moving average price of $52.98 and a 200 day moving average price of $52.72. iShares 1-5 Year Investment Grade Corporate Bond ETF has a 52-week low of $51.39 and a 52-week high of $53.18.

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

The business also recently disclosed a monthly dividend, which was paid on Thursday, November 6th. Investors of record on Monday, November 3rd were paid a dividend of $0.1971 per share. This represents a c) dividend on an annualized basis and a dividend yield of 4.5%. The ex-dividend date was Monday, November 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.