Peloton Wealth Strategists Purchases 810 Shares of iShares 1-5 Year Investment Grade Corporate Bond ETF (NASDAQ:IGSB)

Peloton Wealth Strategists increased its stake in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF (NASDAQ:IGSB) by 7.1% in the fourth quarter, Holdings Channel reports. The firm owned 12,167 shares of the company’s stock after buying an additional 810 shares during the quarter. Peloton Wealth Strategists’ holdings in iShares 1-5 Year Investment Grade Corporate Bond ETF were worth $629,000 at the end of the most recent quarter.

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

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 $52.24 on Friday. 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 $51.83 and a 200 day simple moving average of $52.05.

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 paid a $0.1874 dividend. This is a boost from iShares 1-5 Year Investment Grade Corporate Bond ETF’s previous dividend of $0.18. The ex-dividend date was Monday, February 3rd.

About iShares 1-5 Year Investment Grade Corporate Bond ETF

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.