First Horizon Advisors Inc. Buys 1,923 Shares of iShares 1-5 Year Investment Grade Corporate Bond ETF (NASDAQ:IGSB)

First Horizon Advisors Inc. lifted its stake in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF (NASDAQ:IGSB) by 14.6% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 15,060 shares of the company’s stock after purchasing an additional 1,923 shares during the quarter. First Horizon Advisors Inc.’s holdings in iShares 1-5 Year Investment Grade Corporate Bond ETF were worth $779,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. PSI Advisors LLC grew its holdings in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF by 74.9% during the 4th quarter. PSI Advisors LLC now owns 481 shares of the company’s stock valued at $25,000 after purchasing an additional 206 shares during the last quarter. Kennebec Savings Bank bought a new stake in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF during the 3rd quarter valued at approximately $43,000. Fortitude Family Office LLC bought a new stake in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF during the 4th quarter valued at approximately $43,000. Thompson Investment Management Inc. grew its holdings in iShares 1-5 Year Investment Grade Corporate Bond ETF by 88.4% during the 4th quarter. Thompson Investment Management Inc. now owns 831 shares of the company’s stock worth $43,000 after acquiring an additional 390 shares during the last quarter. Finally, Bogart Wealth LLC grew its holdings in iShares 1-5 Year Investment Grade Corporate Bond ETF by 924.0% during the 4th quarter. Bogart Wealth LLC now owns 1,239 shares of the company’s stock worth $64,000 after acquiring an additional 1,118 shares during the last quarter. 76.06% of the stock is owned by institutional investors.

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

IGSB opened at $52.11 on Tuesday. iShares 1-5 Year Investment Grade Corporate Bond ETF has a fifty-two week low of $50.58 and a fifty-two week high of $52.74. The company’s 50 day moving average price is $51.79 and its two-hundred day moving average price is $52.04.

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

The firm also recently announced a dividend, which was paid on Thursday, February 6th. Shareholders of record on Monday, February 3rd were issued a dividend of $0.1874 per share. This is a positive change from iShares 1-5 Year Investment Grade Corporate Bond ETF’s previous dividend of $0.18. The ex-dividend date was Monday, February 3rd.

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.