Schechter Investment Advisors LLC Decreases Holdings in iShares 1-5 Year Investment Grade Corporate Bond ETF (NASDAQ:IGSB)

Schechter Investment Advisors LLC trimmed its position in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF (NASDAQ:IGSB) by 15.4% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 19,210 shares of the company’s stock after selling 3,500 shares during the period. Schechter Investment Advisors LLC’s holdings in iShares 1-5 Year Investment Grade Corporate Bond ETF were worth $985,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of IGSB. Householder Group Estate & Retirement Specialist LLC purchased a new position in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF during the 3rd quarter valued at about $31,000. Headinvest LLC purchased a new position in iShares 1-5 Year Investment Grade Corporate Bond ETF in the 3rd quarter worth approximately $33,000. Indiana Trust & Investment Management CO purchased a new position in iShares 1-5 Year Investment Grade Corporate Bond ETF in the 3rd quarter worth approximately $38,000. Coppell Advisory Solutions Corp. purchased a new position in iShares 1-5 Year Investment Grade Corporate Bond ETF in the 4th quarter worth approximately $48,000. Finally, Payden & Rygel Investment Group purchased a new position in iShares 1-5 Year Investment Grade Corporate Bond ETF in the 3rd quarter worth approximately $87,000. 74.81% of the stock is owned by hedge funds and other institutional investors.

iShares 1-5 Year Investment Grade Corporate Bond ETF Stock Up 0.2 %

Shares of iShares 1-5 Year Investment Grade Corporate Bond ETF stock opened at $51.33 on Thursday. The business’s 50 day simple moving average is $51.16 and its two-hundred day simple moving average is $50.61. iShares 1-5 Year Investment Grade Corporate Bond ETF has a one year low of $49.36 and a one year high of $51.53.

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

The business also recently declared a monthly dividend, which was paid on Thursday, March 7th. Shareholders of record on Monday, March 4th were paid a $0.1623 dividend. The ex-dividend date was Friday, March 1st. This represents a $1.95 dividend on an annualized basis and a yield of 3.79%.

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.