EverSource Wealth Advisors LLC Purchases 10,307 Shares of iShares 1-5 Year Investment Grade Corporate Bond ETF $IGSB

EverSource Wealth Advisors LLC grew its position in iShares 1-5 Year Investment Grade Corporate Bond ETF (NASDAQ:IGSB) by 148.7% in the third quarter, HoldingsChannel.com reports. The fund owned 17,240 shares of the company’s stock after buying an additional 10,307 shares during the quarter. EverSource Wealth Advisors LLC’s holdings in iShares 1-5 Year Investment Grade Corporate Bond ETF were worth $914,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also modified their holdings of the company. Allstate Corp increased its holdings in iShares 1-5 Year Investment Grade Corporate Bond ETF by 41.0% during the 3rd quarter. Allstate Corp now owns 6,864,741 shares of the company’s stock valued at $364,037,000 after purchasing an additional 1,997,065 shares in the last quarter. Captrust Financial Advisors grew its holdings in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF by 5.8% during the second quarter. Captrust Financial Advisors now owns 4,205,973 shares of the company’s stock worth $221,907,000 after purchasing an additional 230,312 shares during the last quarter. JPMorgan Chase & Co. increased its stake in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF by 20.4% in the third quarter. JPMorgan Chase & Co. now owns 3,466,237 shares of the company’s stock valued at $183,815,000 after buying an additional 586,487 shares in the last quarter. Klaas Financial Asset Advisors LLC raised its holdings in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF by 2.3% in the third quarter. Klaas Financial Asset Advisors LLC now owns 984,714 shares of the company’s stock valued at $52,219,000 after buying an additional 22,176 shares during the last quarter. Finally, TD Private Client Wealth LLC raised its holdings in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF by 18.8% in the third quarter. TD Private Client Wealth LLC now owns 717,937 shares of the company’s stock valued at $38,072,000 after buying an additional 113,416 shares during the last quarter. 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 NASDAQ:IGSB opened at $53.17 on Thursday. iShares 1-5 Year Investment Grade Corporate Bond ETF has a 12 month low of $51.49 and a 12 month high of $53.20. The company’s 50-day moving average price is $52.97 and its two-hundred day moving average price is $52.96.

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

The business also recently declared a monthly dividend, which was paid on Thursday, February 5th. Stockholders of record on Monday, February 2nd were paid a dividend of $0.198 per share. This represents a c) annualized dividend and a dividend yield of 4.5%. The ex-dividend date of this dividend was Monday, February 2nd.

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.