Gradient Capital Advisors LLC Has $4.02 Million Stock Position in iShares 1-5 Year Investment Grade Corporate Bond ETF (NASDAQ:IGSB)

Gradient Capital Advisors LLC increased its stake in iShares 1-5 Year Investment Grade Corporate Bond ETF (NASDAQ:IGSB) by 20.7% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 77,652 shares of the company’s stock after purchasing an additional 13,298 shares during the quarter. iShares 1-5 Year Investment Grade Corporate Bond ETF makes up 1.3% of Gradient Capital Advisors LLC’s investment portfolio, making the stock its 23rd largest holding. Gradient Capital Advisors LLC’s holdings in iShares 1-5 Year Investment Grade Corporate Bond ETF were worth $4,015,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Equitable Trust Co. increased its position in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF by 10.5% in the fourth quarter. Equitable Trust Co. now owns 131,570 shares of the company’s stock worth $6,802,000 after acquiring an additional 12,509 shares in the last quarter. MFA Wealth Advisors LLC boosted its stake in iShares 1-5 Year Investment Grade Corporate Bond ETF by 7.5% in the 4th quarter. MFA Wealth Advisors LLC now owns 384,340 shares of the company’s stock worth $19,870,000 after purchasing an additional 26,777 shares during the period. Thompson Investment Management Inc. grew its position 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 purchasing an additional 390 shares in the last quarter. Golden State Wealth Management LLC acquired a new stake in iShares 1-5 Year Investment Grade Corporate Bond ETF during the 4th quarter valued at $540,000. Finally, Sumitomo Mitsui Trust Group Inc. raised its stake in iShares 1-5 Year Investment Grade Corporate Bond ETF by 16.9% during the 4th quarter. Sumitomo Mitsui Trust Group Inc. now owns 417,300 shares of the company’s stock valued at $21,574,000 after purchasing an additional 60,177 shares during the period. Institutional investors and hedge funds own 76.06% of the company’s stock.

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

Shares of iShares 1-5 Year Investment Grade Corporate Bond ETF stock opened at $51.84 on Wednesday. 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. The business has a fifty day simple moving average of $51.81 and a 200-day simple moving average of $52.04.

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

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

iShares 1-5 Year Investment Grade Corporate Bond ETF 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.