Avior Wealth Management LLC Sells 2,368 Shares of iShares 1-5 Year Investment Grade Corporate Bond ETF (NASDAQ:IGSB)

Avior Wealth Management LLC trimmed its holdings in iShares 1-5 Year Investment Grade Corporate Bond ETF (NASDAQ:IGSB) by 1.1% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 218,782 shares of the company’s stock after selling 2,368 shares during the quarter. Avior Wealth Management LLC owned approximately 0.05% of iShares 1-5 Year Investment Grade Corporate Bond ETF worth $11,311,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in the stock. PSI Advisors LLC lifted its holdings in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF by 74.9% in the fourth quarter. PSI Advisors LLC now owns 481 shares of the company’s stock worth $25,000 after buying an additional 206 shares in the last quarter. Rise Advisors LLC bought a new stake in iShares 1-5 Year Investment Grade Corporate Bond ETF in the 3rd quarter valued at $29,000. Kennebec Savings Bank purchased a new stake in iShares 1-5 Year Investment Grade Corporate Bond ETF in the 3rd quarter worth $43,000. Fortitude Family Office LLC bought a new position in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF during the 4th quarter valued at about $43,000. Finally, Future Financial Wealth Managment LLC purchased a new stake in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF in the third quarter worth about $104,000. 76.06% of the stock is owned by hedge funds and other institutional investors.

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

Shares of iShares 1-5 Year Investment Grade Corporate Bond ETF stock opened at $51.81 on Thursday. iShares 1-5 Year Investment Grade Corporate Bond ETF has a 12 month low of $50.58 and a 12 month high of $52.74. The stock has a 50 day moving average of $51.81 and a 200 day moving average of $52.00.

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

The firm also recently announced a monthly dividend, which was paid on Monday, December 23rd. Investors of record on Wednesday, December 18th were issued a $0.181 dividend. This represents a $2.17 dividend on an annualized basis and a dividend yield of 4.19%. The ex-dividend date of this dividend was Wednesday, December 18th.

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.