Capital Investment Services of America Inc. Sells 156,392 Shares of iShares 1-5 Year Investment Grade Corporate Bond ETF $IGSB

Capital Investment Services of America Inc. trimmed its holdings in iShares 1-5 Year Investment Grade Corporate Bond ETF (NASDAQ:IGSB) by 57.9% in the third quarter, according to its most recent disclosure with the SEC. The fund owned 113,677 shares of the company’s stock after selling 156,392 shares during the period. Capital Investment Services of America Inc.’s holdings in iShares 1-5 Year Investment Grade Corporate Bond ETF were worth $5,824,000 at the end of the most recent reporting period.

Several other hedge funds have also made changes to their positions in the business. CoreCap Advisors LLC lifted its position in iShares 1-5 Year Investment Grade Corporate Bond ETF by 24.4% during the 3rd quarter. CoreCap Advisors LLC now owns 77,453 shares of the company’s stock worth $3,968,000 after acquiring an additional 15,197 shares during the period. Monograph Wealth Advisors LLC grew its stake in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF by 12.7% in the 1st quarter. Monograph Wealth Advisors LLC now owns 636,594 shares of the company’s stock valued at $33,459,000 after purchasing an additional 71,550 shares during the last quarter. Aventus Investment Advisors Inc. grew its stake in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF by 34.4% in the 2nd quarter. Aventus Investment Advisors Inc. now owns 99,895 shares of the company’s stock valued at $5,235,000 after purchasing an additional 25,561 shares during the last quarter. Bank of New York Mellon Corp increased its holdings in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF by 17.2% in the first quarter. Bank of New York Mellon Corp now owns 519,996 shares of the company’s stock valued at $27,331,000 after purchasing an additional 76,230 shares during the period. Finally, MassMutual Private Wealth & Trust FSB acquired a new position in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF in the third quarter valued at approximately $1,637,000. Institutional investors and hedge funds own 76.06% of the company’s stock.

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

iShares 1-5 Year Investment Grade Corporate Bond ETF stock opened at $51.53 on Thursday. iShares 1-5 Year Investment Grade Corporate Bond ETF has a 12 month low of $50.97 and a 12 month high of $53.25. The business has a 50 day simple moving average of $51.49 and a 200-day simple moving average of $52.24.

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

The company also recently disclosed a monthly dividend, which will be paid on Thursday, November 5th. Shareholders of record on Monday, November 2nd will be given a dividend of $0.2043 per share. This represents a $2.45 dividend on an annualized basis and a yield of 4.8%. The ex-dividend date is Monday, November 2nd. This is an increase from iShares 1-5 Year Investment Grade Corporate Bond ETF’s previous monthly dividend of $0.2037.

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.