iShares 1-5 Year Investment Grade Corporate Bond ETF $IGSB Shares Sold by Parallel Advisors LLC

Parallel Advisors LLC decreased its holdings in iShares 1-5 Year Investment Grade Corporate Bond ETF (NASDAQ:IGSB) by 17.6% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 276,106 shares of the company’s stock after selling 59,009 shares during the quarter. Parallel Advisors LLC’s holdings in iShares 1-5 Year Investment Grade Corporate Bond ETF were worth $14,642,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of IGSB. Mittelman Wealth Management boosted its stake in iShares 1-5 Year Investment Grade Corporate Bond ETF by 73.9% during the 2nd quarter. Mittelman Wealth Management now owns 74,500 shares of the company’s stock worth $3,931,000 after purchasing an additional 31,650 shares during the period. Rothschild Investment LLC increased its stake in iShares 1-5 Year Investment Grade Corporate Bond ETF by 438.8% in the second quarter. Rothschild Investment LLC now owns 178,824 shares of the company’s stock valued at $9,435,000 after purchasing an additional 145,634 shares during the period. Pinnacle Wealth Planning Services Inc. increased its stake in iShares 1-5 Year Investment Grade Corporate Bond ETF by 94.3% in the second quarter. Pinnacle Wealth Planning Services Inc. now owns 11,075 shares of the company’s stock valued at $584,000 after purchasing an additional 5,375 shares during the period. JPMorgan Chase & Co. raised its holdings in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF by 2.4% in the second quarter. JPMorgan Chase & Co. now owns 2,879,750 shares of the company’s stock valued at $151,936,000 after buying an additional 68,059 shares during the last quarter. Finally, White Pine Capital LLC raised its holdings in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF by 7.2% in the second quarter. White Pine Capital LLC now owns 22,254 shares of the company’s stock valued at $1,174,000 after buying an additional 1,495 shares during the last quarter. Institutional investors and hedge funds own 76.06% of the company’s stock.

iShares 1-5 Year Investment Grade Corporate Bond ETF Trading Down 0.1%

Shares of IGSB opened at $52.80 on Friday. iShares 1-5 Year Investment Grade Corporate Bond ETF has a fifty-two week low of $51.49 and a fifty-two week high of $53.25. The firm has a 50-day simple moving average of $52.99 and a 200-day simple moving average of $52.97.

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

The business also recently disclosed a monthly dividend, which was paid on Thursday, March 5th. Shareholders of record on Monday, March 2nd were given a dividend of $0.1972 per share. This represents a c) dividend on an annualized basis and a yield of 4.5%. The ex-dividend date of this dividend was Monday, March 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.