iShares 1-5 Year Investment Grade Corporate Bond ETF (NASDAQ:IGSB) Shares Sold by Hexagon Capital Partners LLC

Hexagon Capital Partners LLC reduced its stake in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF (NASDAQ:IGSB) by 29.0% during the 4th quarter, HoldingsChannel reports. The firm owned 8,548 shares of the company’s stock after selling 3,491 shares during the quarter. Hexagon Capital Partners LLC’s holdings in iShares 1-5 Year Investment Grade Corporate Bond ETF were worth $438,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Headinvest LLC acquired a new position in iShares 1-5 Year Investment Grade Corporate Bond ETF in the third quarter valued at approximately $33,000. Payden & Rygel Investment Group purchased a new stake in iShares 1-5 Year Investment Grade Corporate Bond ETF in the third quarter valued at approximately $87,000. Life Planning Partners Inc purchased a new stake in iShares 1-5 Year Investment Grade Corporate Bond ETF in the fourth quarter valued at approximately $111,000. Farmers & Merchants Investments Inc. purchased a new stake in iShares 1-5 Year Investment Grade Corporate Bond ETF in the third quarter valued at approximately $157,000. Finally, Ironwood Investment Counsel LLC purchased a new stake in iShares 1-5 Year Investment Grade Corporate Bond ETF in the third quarter valued at approximately $222,000. 76.06% of the stock is currently owned by institutional investors and hedge funds.

iShares 1-5 Year Investment Grade Corporate Bond ETF Stock Down 0.1 %

NASDAQ IGSB traded down $0.05 on Tuesday, reaching $50.79. The stock had a trading volume of 9,668,181 shares, compared to its average volume of 3,054,009. iShares 1-5 Year Investment Grade Corporate Bond ETF has a 12-month low of $49.36 and a 12-month high of $51.53. The stock has a fifty day moving average price of $51.00 and a two-hundred day moving average price of $50.79.

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

The company also recently announced a monthly dividend, which was paid on Friday, April 5th. Shareholders of record on Tuesday, April 2nd were given a $0.1653 dividend. This represents a $1.98 dividend on an annualized basis and a yield of 3.90%. The ex-dividend date was Monday, April 1st.

About iShares 1-5 Year Investment Grade Corporate Bond ETF

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.