NYL Investors LLC Sells 4,872,752 Shares of iShares 1-5 Year Investment Grade Corporate Bond ETF $IGSB

NYL Investors LLC decreased its position in iShares 1-5 Year Investment Grade Corporate Bond ETF (NASDAQ:IGSB) by 99.0% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 50,301 shares of the company’s stock after selling 4,872,752 shares during the period. iShares 1-5 Year Investment Grade Corporate Bond ETF makes up 0.7% of NYL Investors LLC’s holdings, making the stock its 28th biggest holding. NYL Investors LLC’s holdings in iShares 1-5 Year Investment Grade Corporate Bond ETF were worth $2,654,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of IGSB. Keystone Global Partners LLC raised its position in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF by 108.8% in the 2nd quarter. Keystone Global Partners LLC now owns 520,705 shares of the company’s stock worth $27,000 after acquiring an additional 271,286 shares in the last quarter. Private Wealth Asset Management LLC acquired a new stake in iShares 1-5 Year Investment Grade Corporate Bond ETF during the second quarter worth approximately $29,000. Thurston Springer Miller Herd & Titak Inc. bought a new stake in iShares 1-5 Year Investment Grade Corporate Bond ETF in the second quarter worth approximately $46,000. Zions Bancorporation National Association UT bought a new stake in iShares 1-5 Year Investment Grade Corporate Bond ETF in the first quarter worth approximately $157,000. Finally, Colonial Trust Advisors lifted its stake in iShares 1-5 Year Investment Grade Corporate Bond ETF by 12.3% in the first quarter. Colonial Trust Advisors now owns 3,648 shares of the company’s stock valued at $191,000 after buying an additional 400 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 Stock Performance

iShares 1-5 Year Investment Grade Corporate Bond ETF stock opened at $52.87 on Wednesday. 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. The stock’s 50 day moving average price is $52.98 and its two-hundred day moving average price is $52.75.

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

The business also recently announced a monthly dividend, which will be paid on Thursday, December 4th. Investors of record on Monday, December 1st will be paid a dividend of $0.2042 per share. This is a boost from iShares 1-5 Year Investment Grade Corporate Bond ETF’s previous monthly dividend of $0.20. This represents a c) annualized dividend and a yield of 4.6%. The ex-dividend date of this dividend is Monday, December 1st.

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.