Farther Finance Advisors LLC Boosts Stock Holdings in iShares 1-5 Year Investment Grade Corporate Bond ETF (NASDAQ:IGSB)

Farther Finance Advisors LLC grew its stake in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF (NASDAQ:IGSB) by 14.5% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 12,972 shares of the company’s stock after buying an additional 1,645 shares during the period. Farther Finance Advisors LLC’s holdings in iShares 1-5 Year Investment Grade Corporate Bond ETF were worth $671,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in the company. Eagle Asset Management Inc. grew its position in iShares 1-5 Year Investment Grade Corporate Bond ETF by 5.4% during the third quarter. Eagle Asset Management Inc. now owns 14,149 shares of the company’s stock valued at $735,000 after acquiring an additional 721 shares during the period. First Horizon Advisors Inc. lifted its stake in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF by 14.6% in the 4th quarter. First Horizon Advisors Inc. now owns 15,060 shares of the company’s stock valued at $779,000 after purchasing an additional 1,923 shares in the last quarter. SBI Securities Co. Ltd. purchased a new stake in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF during the 4th quarter worth about $36,000. Jones Financial Companies Lllp increased its position in iShares 1-5 Year Investment Grade Corporate Bond ETF by 81.7% during the 4th quarter. Jones Financial Companies Lllp now owns 14,879 shares of the company’s stock worth $769,000 after purchasing an additional 6,690 shares in the last quarter. Finally, Greenwood Gearhart Inc. raised its holdings in iShares 1-5 Year Investment Grade Corporate Bond ETF by 2.7% in the third quarter. Greenwood Gearhart Inc. now owns 650,428 shares of the company’s stock valued at $34,252,000 after buying an additional 16,987 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 Down 0.1 %

Shares of IGSB stock opened at $52.06 on Friday. 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 firm’s 50 day moving average price is $51.93 and its two-hundred day moving average price is $52.05.

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

The firm also recently declared a dividend, which was paid on Thursday, March 6th. Investors of record on Monday, March 3rd were given a dividend of $0.1867 per share. The ex-dividend date of this dividend was Monday, March 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.