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

Crestwood Advisors Group LLC lessened its stake in iShares 1-5 Year Investment Grade Corporate Bond ETF (NASDAQ:IGSB) by 11.1% during the fourth quarter, HoldingsChannel.com reports. The firm owned 160,109 shares of the company’s stock after selling 19,938 shares during the period. Crestwood Advisors Group LLC’s holdings in iShares 1-5 Year Investment Grade Corporate Bond ETF were worth $8,467,000 as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. Aventura Private Wealth LLC acquired a new stake in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF in the 4th quarter valued at about $34,000. Root Financial Partners LLC acquired a new stake in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF in the 3rd quarter valued at about $39,000. Kohmann Bosshard Financial Services LLC acquired a new stake in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF in the 4th quarter valued at about $39,000. Harbor Investment Advisory LLC raised its stake in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF by 142.9% in the 4th quarter. Harbor Investment Advisory LLC now owns 850 shares of the company’s stock valued at $45,000 after purchasing an additional 500 shares in the last quarter. Finally, Kelleher Financial Advisors acquired a new stake in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF in the 3rd quarter valued at about $51,000. Institutional investors and hedge funds own 76.06% of the company’s stock.

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

Shares of iShares 1-5 Year Investment Grade Corporate Bond ETF stock opened at $52.42 on Friday. The firm’s 50-day simple moving average is $52.61 and its 200-day simple moving average is $52.84. iShares 1-5 Year Investment Grade Corporate Bond ETF has a 1 year low of $52.04 and a 1 year high of $53.25.

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

The business also recently announced a monthly dividend, which was paid on Wednesday, May 6th. Stockholders of record on Friday, May 1st were paid a $0.1978 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 4.5%. The ex-dividend date was Friday, May 1st.

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.