iShares 1-5 Year Investment Grade Corporate Bond ETF (NASDAQ:IGSB) Shares Sold by Diversified Portfolios Inc.

Diversified Portfolios Inc. reduced its stake in iShares 1-5 Year Investment Grade Corporate Bond ETF (NASDAQ:IGSB) by 0.2% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 105,698 shares of the company’s stock after selling 261 shares during the quarter. Diversified Portfolios Inc.’s holdings in iShares 1-5 Year Investment Grade Corporate Bond ETF were worth $5,465,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. PSI Advisors LLC grew its holdings in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF by 74.9% in the fourth quarter. PSI Advisors LLC now owns 481 shares of the company’s stock valued at $25,000 after purchasing an additional 206 shares during the period. Kennebec Savings Bank purchased a new stake in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF in the 3rd quarter valued at approximately $43,000. Fortitude Family Office LLC acquired a new stake in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF during the 4th quarter worth approximately $43,000. Thompson Investment Management Inc. raised its position in shares of 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 valued at $43,000 after buying an additional 390 shares during the period. Finally, ORG Partners LLC acquired a new position in iShares 1-5 Year Investment Grade Corporate Bond ETF in the third quarter valued at approximately $116,000. 76.06% of the stock is owned by institutional investors and hedge funds.

iShares 1-5 Year Investment Grade Corporate Bond ETF Stock 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 fifty-two week low of $50.58 and a fifty-two week high of $52.74. The stock has a 50 day moving average of $51.81 and a 200 day 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. Investors of record on Monday, February 3rd were given a dividend of $0.1874 per share. This is an increase from iShares 1-5 Year Investment Grade Corporate Bond ETF’s previous dividend of $0.18. The ex-dividend date 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.