M Holdings Securities Inc. Acquires New Holdings in iShares 1-5 Year Investment Grade Corporate Bond ETF (NASDAQ:IGSB)

M Holdings Securities Inc. bought a new stake in iShares 1-5 Year Investment Grade Corporate Bond ETF (NASDAQ:IGSB) in the fourth quarter, Holdings Channel reports. The fund bought 34,550 shares of the company’s stock, valued at approximately $1,786,000.

Several other large investors have also recently bought and sold shares of IGSB. NYL Investors LLC lifted its stake in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF by 9,168.7% in the 4th quarter. NYL Investors LLC now owns 9,709,053 shares of the company’s stock worth $501,958,000 after acquiring an additional 9,604,302 shares during the period. Allstate Corp lifted its position in iShares 1-5 Year Investment Grade Corporate Bond ETF by 23.5% in the fourth quarter. Allstate Corp now owns 4,116,056 shares of the company’s stock worth $212,800,000 after purchasing an additional 782,750 shares during the period. JPMorgan Chase & Co. lifted its position in iShares 1-5 Year Investment Grade Corporate Bond ETF by 7.4% in the fourth quarter. JPMorgan Chase & Co. now owns 3,162,566 shares of the company’s stock worth $163,505,000 after purchasing an additional 218,036 shares during the period. Money Design Co. Ltd. increased its position in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF by 5.5% during the 4th quarter. Money Design Co. Ltd. now owns 1,228,263 shares of the company’s stock valued at $63,501,000 after purchasing an additional 64,258 shares during the period. Finally, One Capital Management LLC grew its holdings in iShares 1-5 Year Investment Grade Corporate Bond ETF by 1.8% during the fourth quarter. One Capital Management LLC now owns 1,197,002 shares of the company’s stock worth $61,885,000 after acquiring an additional 21,740 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 Trading Up 0.4 %

NASDAQ IGSB opened at $51.90 on Tuesday. 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 company’s 50 day simple moving average is $52.08 and its 200 day simple moving average is $51.99.

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

The business also recently announced a dividend, which was paid on Friday, April 4th. Stockholders of record on Tuesday, April 1st were given a dividend of $0.1927 per share. The ex-dividend date of this dividend was Tuesday, April 1st. This is a positive change from iShares 1-5 Year Investment Grade Corporate Bond ETF’s previous dividend of $0.19.

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.