iShares 1-5 Year Investment Grade Corporate Bond ETF (NASDAQ:IGSB) Announces Dividend Increase – $0.20 Per Share

iShares 1-5 Year Investment Grade Corporate Bond ETF (NASDAQ:IGSB) declared a monthly dividend on Tuesday, March 31st, NASDAQ Dividends reports. Shareholders of record on Wednesday, April 1st will be given a dividend of 0.2045 per share on Tuesday, April 7th. This represents a c) dividend on an annualized basis and a yield of 4.7%. The ex-dividend date is Wednesday, April 1st. This is a 3.7% increase from iShares 1-5 Year Investment Grade Corporate Bond ETF’s previous monthly dividend of $0.20.

iShares 1-5 Year Investment Grade Corporate Bond ETF Trading Down 0.3%

IGSB stock traded down $0.15 during mid-day trading on Wednesday, reaching $52.41. 4,700,690 shares of the stock traded hands, compared to its average volume of 4,277,879. iShares 1-5 Year Investment Grade Corporate Bond ETF has a one year low of $51.49 and a one year high of $53.25. The business has a 50-day moving average price of $52.85 and a two-hundred day moving average price of $52.92.

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.