iShares 1-5 Year Investment Grade Corporate Bond ETF $IGSB Position Increased by Monograph Wealth Advisors LLC

Monograph Wealth Advisors LLC raised its stake in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF (NASDAQ:IGSB) by 12.7% during the first quarter, HoldingsChannel reports. The firm owned 636,594 shares of the company’s stock after purchasing an additional 71,550 shares during the quarter. iShares 1-5 Year Investment Grade Corporate Bond ETF makes up about 3.2% of Monograph Wealth Advisors LLC’s investment portfolio, making the stock its 8th largest position. Monograph Wealth Advisors LLC’s holdings in iShares 1-5 Year Investment Grade Corporate Bond ETF were worth $33,459,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. RiverFront Investment Group LLC lifted its stake in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF by 212.1% during the fourth quarter. RiverFront Investment Group LLC now owns 1,368,310 shares of the company’s stock worth $72,356,000 after buying an additional 929,944 shares during the period. Parallel Advisors LLC increased its position in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF by 129.0% in the 1st quarter. Parallel Advisors LLC now owns 655,468 shares of the company’s stock valued at $34,451,000 after acquiring an additional 369,284 shares during the period. Sumitomo Mitsui Trust Group Inc. increased its position in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF by 41.4% in the 4th quarter. Sumitomo Mitsui Trust Group Inc. now owns 1,094,500 shares of the company’s stock valued at $57,877,000 after acquiring an additional 320,500 shares during the period. Captrust Financial Advisors raised its stake in iShares 1-5 Year Investment Grade Corporate Bond ETF by 6.1% in the 4th quarter. Captrust Financial Advisors now owns 4,838,714 shares of the company’s stock worth $255,871,000 after acquiring an additional 276,694 shares during the last quarter. Finally, Williams Jones Wealth Management LLC. raised its stake in iShares 1-5 Year Investment Grade Corporate Bond ETF by 10.8% in the 4th quarter. Williams Jones Wealth Management LLC. now owns 1,741,769 shares of the company’s stock worth $92,105,000 after acquiring an additional 169,709 shares during the last quarter. Hedge funds and other 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 IGSB opened at $52.08 on Thursday. The stock has a 50-day moving average of $52.27 and a two-hundred day moving average of $52.59. iShares 1-5 Year Investment Grade Corporate Bond ETF has a one year low of $52.03 and a one year high of $53.25.

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

The company also recently disclosed a monthly dividend, which was paid on Tuesday, July 7th. Stockholders of record on Wednesday, July 1st were paid a $0.2011 dividend. The ex-dividend date was Wednesday, July 1st. This is a positive change from iShares 1-5 Year Investment Grade Corporate Bond ETF’s previous monthly dividend of $0.20. This represents a c) annualized dividend and a dividend yield of 4.6%.

iShares 1-5 Year Investment Grade Corporate Bond ETF Company 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.