Grey Fox Wealth Advisors LLC Sells 2,507 Shares of iShares 1-5 Year Investment Grade Corporate Bond ETF (NASDAQ:IGSB)

Grey Fox Wealth Advisors LLC cut its stake in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF (NASDAQ:IGSB) by 13.6% during the 4th quarter, Holdings Channel reports. The fund owned 15,904 shares of the company’s stock after selling 2,507 shares during the period. Grey Fox Wealth Advisors LLC’s holdings in iShares 1-5 Year Investment Grade Corporate Bond ETF were worth $815,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. NYL Investors LLC grew its holdings in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF by 44.1% during the third quarter. NYL Investors LLC now owns 13,050,985 shares of the company’s stock valued at $650,331,000 after buying an additional 3,995,985 shares during the last quarter. Allstate Investment Management Co. purchased a new position in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF during the fourth quarter valued at approximately $383,399,000. JPMorgan Chase & Co. boosted its stake in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF by 109.3% in the 2nd quarter. JPMorgan Chase & Co. now owns 2,945,833 shares of the company’s stock worth $147,792,000 after buying an additional 1,538,463 shares during the last quarter. Money Design Co. Ltd. lifted its holdings in iShares 1-5 Year Investment Grade Corporate Bond ETF by 9.6% during the third quarter. Money Design Co. Ltd. now owns 1,913,024 shares of the company’s stock worth $95,326,000 after acquiring an additional 167,741 shares during the period. Finally, Captrust Financial Advisors increased its position in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF by 4.0% during the 2nd quarter. Captrust Financial Advisors now owns 1,729,512 shares of the company’s stock valued at $86,770,000 after purchasing an additional 66,396 shares during the last quarter. 74.81% of the stock is owned by institutional investors.

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

Shares of NASDAQ:IGSB traded down $0.03 during midday trading on Thursday, reaching $51.30. The company had a trading volume of 684,132 shares, compared to its average volume of 3,027,176. iShares 1-5 Year Investment Grade Corporate Bond ETF has a 52-week low of $49.36 and a 52-week high of $51.53. The company’s 50 day moving average price is $51.16 and its 200 day moving average price is $50.61.

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

The firm also recently disclosed a monthly dividend, which was paid on Thursday, March 7th. Stockholders of record on Monday, March 4th were paid a $0.1623 dividend. The ex-dividend date of this dividend was Friday, March 1st. This represents a $1.95 dividend on an annualized basis and a dividend yield of 3.80%.

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.