Rock Creek Group LP Purchases Shares of 11,347 iShares 1-5 Year Investment Grade Corporate Bond ETF $IGSB

Rock Creek Group LP acquired a new position in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF (NASDAQ:IGSB) during the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 11,347 shares of the company’s stock, valued at approximately $599,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Ameriprise Financial Inc. grew its holdings in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF by 3.9% in the first quarter. Ameriprise Financial Inc. now owns 13,777,629 shares of the company’s stock valued at $729,411,000 after purchasing an additional 511,064 shares in the last quarter. Allstate Corp raised its stake in 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 in the last quarter. JPMorgan Chase & Co. lifted its position in iShares 1-5 Year Investment Grade Corporate Bond ETF by 2.4% during the second quarter. JPMorgan Chase & Co. now owns 2,879,750 shares of the company’s stock valued at $151,936,000 after purchasing an additional 68,059 shares during the last quarter. Parkside Investments LLC lifted its position in 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 during the last quarter. Finally, Money Design Co. Ltd. grew its stake in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF by 89.3% in the 2nd quarter. Money Design Co. Ltd. now owns 1,266,732 shares of the company’s stock worth $66,833,000 after buying an additional 597,669 shares in the last quarter. 76.06% of the stock is currently owned by institutional investors.

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

Shares of NASDAQ IGSB opened at $52.99 on Friday. The firm’s 50-day moving average price is $52.98 and its 200-day moving average price is $52.70. iShares 1-5 Year Investment Grade Corporate Bond ETF has a 12-month low of $51.39 and a 12-month 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. Shareholders of record on Monday, November 3rd were given a dividend of $0.1971 per share. The ex-dividend date was Monday, November 3rd. This represents a c) dividend on an annualized basis and a yield of 4.5%.

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.