Transcend Capital Advisors LLC Lowers Position in iShares 1-5 Year Investment Grade Corporate Bond ETF (NASDAQ:IGSB)

Transcend Capital Advisors LLC lessened its position in iShares 1-5 Year Investment Grade Corporate Bond ETF (NASDAQ:IGSB) by 4.2% in the fourth quarter, HoldingsChannel reports. The firm owned 9,028 shares of the company’s stock after selling 392 shares during the quarter. Transcend Capital Advisors LLC’s holdings in iShares 1-5 Year Investment Grade Corporate Bond ETF were worth $467,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in the company. Cooksen Wealth LLC lifted its stake in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF by 0.6% in the 4th quarter. Cooksen Wealth LLC now owns 31,687 shares of the company’s stock valued at $1,638,000 after purchasing an additional 197 shares during the period. Pinnacle Wealth Management Advisory Group LLC raised its stake in iShares 1-5 Year Investment Grade Corporate Bond ETF by 8.1% during the fourth quarter. Pinnacle Wealth Management Advisory Group LLC now owns 5,192 shares of the company’s stock valued at $268,000 after buying an additional 389 shares during the last quarter. NYL Investors LLC raised its stake in iShares 1-5 Year Investment Grade Corporate Bond ETF by 9,168.7% during the fourth quarter. NYL Investors LLC now owns 9,709,053 shares of the company’s stock valued at $501,958,000 after buying an additional 9,604,302 shares during the last quarter. Nations Financial Group Inc. IA ADV raised its stake in iShares 1-5 Year Investment Grade Corporate Bond ETF by 4.5% during the fourth quarter. Nations Financial Group Inc. IA ADV now owns 75,591 shares of the company’s stock valued at $3,908,000 after buying an additional 3,230 shares during the last quarter. Finally, Kanawha Capital Management LLC raised its stake in iShares 1-5 Year Investment Grade Corporate Bond ETF by 1.5% during the fourth quarter. Kanawha Capital Management LLC now owns 19,770 shares of the company’s stock valued at $1,022,000 after buying an additional 295 shares during the last quarter. Hedge funds and other institutional investors own 76.06% of the company’s stock.

iShares 1-5 Year Investment Grade Corporate Bond ETF Trading Up 0.2 %

Shares of NASDAQ:IGSB opened at $52.08 on Friday. The stock has a fifty day simple moving average of $51.79 and a two-hundred day simple moving average of $52.04. iShares 1-5 Year Investment Grade Corporate Bond ETF has a 12-month low of $50.58 and a 12-month high of $52.74.

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

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