A. D. Beadell Investment Counsel Inc. Acquires 3,905 Shares of iShares 1-5 Year Investment Grade Corporate Bond ETF (NASDAQ:IGSB)

A. D. Beadell Investment Counsel Inc. grew its holdings in iShares 1-5 Year Investment Grade Corporate Bond ETF (NASDAQ:IGSB – Get Rating) by 13.2% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 33,450 shares of the company’s stock after purchasing an additional 3,905 shares during the quarter. iShares 1-5 Year Investment Grade Corporate Bond ETF makes up 1.4% of A. D. Beadell Investment Counsel Inc.’s portfolio, making the stock its 27th biggest position. A. D. Beadell Investment Counsel Inc.’s holdings in iShares 1-5 Year Investment Grade Corporate Bond ETF were worth $1,666,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of the business. Allstate Corp raised its holdings in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF by 1.5% in the 3rd quarter. Allstate Corp now owns 8,236,741 shares of the company’s stock valued at $405,906,000 after purchasing an additional 123,568 shares in the last quarter. One Capital Management LLC raised its stake in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF by 7.9% during the 3rd quarter. One Capital Management LLC now owns 2,072,308 shares of the company’s stock worth $102,123,000 after acquiring an additional 152,576 shares in the last quarter. Haverford Trust Co raised its stake in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF by 0.8% during the 3rd quarter. Haverford Trust Co now owns 1,571,493 shares of the company’s stock worth $77,443,000 after acquiring an additional 12,877 shares in the last quarter. Money Design Co. Ltd. raised its stake in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF by 16.6% during the 3rd quarter. Money Design Co. Ltd. now owns 1,388,440 shares of the company’s stock worth $68,422,000 after acquiring an additional 197,433 shares in the last quarter. Finally, Janney Montgomery Scott LLC raised its stake in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF by 21.6% during the 3rd quarter. Janney Montgomery Scott LLC now owns 978,928 shares of the company’s stock worth $48,241,000 after acquiring an additional 173,735 shares in the last quarter. Institutional investors own 66.92% of the company’s stock.

iShares 1-5 Year Investment Grade Corporate Bond ETF Trading Up 0.5 %

Shares of NASDAQ IGSB traded up $0.24 during trading hours on Friday, hitting $50.16. 5,533,627 shares of the stock were exchanged, compared to its average volume of 4,758,023. The firm has a fifty day moving average price of $50.19 and a 200-day moving average price of $49.84. iShares 1-5 Year Investment Grade Corporate Bond ETF has a 12 month low of $48.62 and a 12 month high of $51.93.

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

The company also recently disclosed a monthly dividend, which was paid on Tuesday, March 7th. Investors of record on Thursday, March 2nd were paid a dividend of $0.125 per share. This represents a $1.50 annualized dividend and a dividend yield of 2.99%. The ex-dividend date of this dividend was Wednesday, March 1st. This is a positive change from iShares 1-5 Year Investment Grade Corporate Bond ETF’s previous monthly dividend of $0.11.

About iShares 1-5 Year Investment Grade Corporate Bond ETF

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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.