Avior Wealth Management LLC Decreases Holdings in iShares 1-5 Year Investment Grade Corporate Bond ETF (NASDAQ:IGSB)

Avior Wealth Management LLC decreased its holdings in iShares 1-5 Year Investment Grade Corporate Bond ETF (NASDAQ:IGSB) by 1.1% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 218,782 shares of the company’s stock after selling 2,368 shares during the period. Avior Wealth Management LLC’s holdings in iShares 1-5 Year Investment Grade Corporate Bond ETF were worth $11,311,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of IGSB. Captrust Financial Advisors boosted its stake in iShares 1-5 Year Investment Grade Corporate Bond ETF by 26.5% during the third quarter. Captrust Financial Advisors now owns 2,747,270 shares of the company’s stock worth $144,672,000 after buying an additional 574,897 shares during the period. Haverford Trust Co lifted its holdings in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF by 2.5% in the 3rd quarter. Haverford Trust Co now owns 1,932,071 shares of the company’s stock worth $101,743,000 after acquiring an additional 47,794 shares during the last quarter. Money Design Co. Ltd. boosted its stake in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF by 5.0% during the 3rd quarter. Money Design Co. Ltd. now owns 1,164,005 shares of the company’s stock worth $61,297,000 after purchasing an additional 55,016 shares during the period. Klaas Financial Asset Advisors LLC grew its holdings in iShares 1-5 Year Investment Grade Corporate Bond ETF by 0.8% during the 3rd quarter. Klaas Financial Asset Advisors LLC now owns 935,645 shares of the company’s stock valued at $49,271,000 after purchasing an additional 7,867 shares during the last quarter. Finally, Janney Montgomery Scott LLC raised its position in iShares 1-5 Year Investment Grade Corporate Bond ETF by 2.8% in the 3rd quarter. Janney Montgomery Scott LLC now owns 697,273 shares of the company’s stock worth $36,718,000 after purchasing an additional 19,218 shares during the period. Hedge funds and other institutional investors own 76.06% of the company’s stock.

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

Shares of NASDAQ:IGSB opened at $51.81 on Thursday. The business has a 50 day simple moving average of $51.81 and a two-hundred day simple moving average of $52.00. iShares 1-5 Year Investment Grade Corporate Bond ETF has a 1 year low of $50.58 and a 1 year high of $52.74.

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

The firm also recently disclosed a monthly dividend, which was paid on Monday, December 23rd. Investors of record on Wednesday, December 18th were issued a dividend of $0.181 per share. This represents a $2.17 dividend on an annualized basis and a yield of 4.19%. The ex-dividend date of this dividend was Wednesday, December 18th.

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.