City of London Investment Management Co. Ltd. Buys 9,850 Shares of iShares 1-5 Year Investment Grade Corporate Bond ETF $IGSB

City of London Investment Management Co. Ltd. increased its position in iShares 1-5 Year Investment Grade Corporate Bond ETF (NASDAQ:IGSB) by 72.5% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 23,427 shares of the company’s stock after acquiring an additional 9,850 shares during the quarter. City of London Investment Management Co. Ltd.’s holdings in iShares 1-5 Year Investment Grade Corporate Bond ETF were worth $1,242,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in IGSB. JARISLOWSKY FRASER Ltd boosted its position in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF by 49.5% in the third quarter. JARISLOWSKY FRASER Ltd now owns 192,744 shares of the company’s stock worth $10,221,000 after purchasing an additional 63,809 shares during the period. Gradient Capital Advisors LLC raised its position in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF by 14.0% during the 3rd quarter. Gradient Capital Advisors LLC now owns 82,861 shares of the company’s stock valued at $4,394,000 after purchasing an additional 10,197 shares during the period. Cary Street Partners Financial LLC raised its position in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF by 32.2% during the 3rd quarter. Cary Street Partners Financial LLC now owns 222,938 shares of the company’s stock valued at $11,822,000 after purchasing an additional 54,299 shares during the period. Baird Financial Group Inc. lifted its stake in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF by 3.9% during the 2nd quarter. Baird Financial Group Inc. now owns 335,650 shares of the company’s stock valued at $17,709,000 after buying an additional 12,520 shares in the last quarter. Finally, Confluence Investment Management LLC purchased a new position in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF during the 3rd quarter valued at $6,376,000. Institutional investors own 76.06% of the company’s stock.

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

Shares of iShares 1-5 Year Investment Grade Corporate Bond ETF stock opened at $52.46 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 company has a fifty day moving average of $52.96 and a 200 day moving average of $52.96.

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

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

iShares 1-5 Year Investment Grade Corporate Bond ETF 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.